There is a growing number of signals indicating that after several years of marching towards the West, the Ukrainian economy is now making a turn to the East. In 2019, Russia ranked the third on the list of countries whose companies provide the most foreign direct investments in Ukraine.
Polish Tier 1 and Tier 2 suppliers of automotive parts are experiencing a slowdown in German exports. On the other hand, sales of components to other countries are increasing. In 2019, German automotive sector production decreased by 9 per cent.
Despite the EC’s support for alternative means of transport, road transport has been increasing its share in the total structure of transport, says PwC in a report “Transport of the Future. Prospects for the development of road transport in Poland in 2020-2030”. In 2016, road transport’s...
According to Eurostat data, the volume of industrial production of basic pharmaceutical products and preparations in the European Union in 2019 increased y/y. The highest y/y growth rate was recorded in May — 15.8 per cent.
Despite the slowdown in the external environment of the Polish economy, in the Q1’19 the rate of growth of Polish exports remained high. Mainly due to goods which have only recently been included in Polish exports.
Last year, 14 per cent of Lithuania's exports went to Russia, the largest share among the country's other importers. Latvia is Lithuania's second biggest trade partner, followed by Poland and Germany.
“The best income is earned at the beginning of a product’s origin, the medium, i.e. production, is the least attractive. Poland is right in the middle,” said Michał Gradzewicz, PhD, and Jakub Mućk, PhD.
In the conditions of weakening international trade, the increase in sales to Germany proved to have a positive impact on the growth of Polish exports in 2018. This was largely due to factors not related to demand.