Poland's position in world trade
A significant sign of Poland's increased openness to the world after 1989 was its dramatic increase in its foreign trade. Poland's exports grew by an impressive 127 percent between 1990 and 2000 (in real terms). Imports grew even more dramatically (by 426 percent), leading to serious foreign-trade imbalances, compensated for, however, by substantial capital inflows. The growth of exports and, to a small degree, imports fluctuated from one year to another. For example, exports grew by more than 25 percent in 2000, but only by 2 percent in 1999.
Poland's share in world exports increased by only 0.1 percent point from 0.4 percent in 1990 to 0.5 in 2000. This seemingly insignificant increase translates however into a 25 percent improvement in Poland's position in world trade on the export side. On the import side, the change was much more dramatic. Poland's share increased from 0.3 percent in 1990 to 0.7 in 2000.
Poland was slightly below the world average, but its imports per capita exceeded the world average.
Poland's share in world exports increased by only 0.1 percent point from 0.4 percent in 1990 to 0.5 in 2000. This seemingly insignificant increase translates however into a 25 percent improvement in Poland's position in world trade on the export side. On the import side, the change was much more dramatic. Poland's share increased from 0.3 percent in 1990 to 0.7 in 2000.
Poland was slightly below the world average, but its imports per capita exceeded the world average.
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