Come back

1 min

07 Mär. 2024

1840

Poland earns billions from Ukraine while farmers block the border: how can it be?

Popular
Finance

Share:

Poland earns billions from Ukraine while farmers block the border: how can it be?

Trade business with Ukraine in 2023 brought Poland a record surplus while Polish farmers blocked and continue to block the Ukrainian border. Find out how much Poland earned from Ukraine and how Ukrainian authorities may hit Polish business in response

Insurance policy Green card for traveling abroad by car
Insurance policy Green card for traveling abroad by car
BUY


In 2023, Ukraine became the seventh largest export market for Polish manufacturers, and the sale of Polish goods to Ukraine brought the country record earnings during the bilateral trade. We tell you what Poles earn in the neighbouring country and how this can be against the background of the unilateral blockade of the Ukrainian border by Polish farmers.


According to the Rzeczpospolita, last year the volume of exports to Ukraine was one of the largest. Only Germany, the Czech Republic, France, the UK, Italy and the Netherlands are ahead. By comparison, in 2021, Ukraine ranked fifteenth among the countries to which Poland exported its products.


While Polish farmers are demanding that the border be closed to Ukrainian goods, blocking roads and staging large-scale protests, the trade balance is tilting in Poland's favour.


How Polish exports to Ukraine have grown


The publication notes that Polish exports to Ukraine have revitalised significantly in recent years. In 2020, it will amount to almost PLN 23.3 billion ($5.9 billion), and as much as PLN 45.6 billion ($11.55 billion) in 2022. Last year, the figure reached PLN 52 billion ($13.17 billion).


At the same time, in 2023 Poland purchased Ukrainian goods worth 20 billion zlotys (4.7 billion dollars). Thus, the balance in favour of Poland is more than 31 billion zlotys (7 billion euros) and is a record for bilateral trade.


What does Poland make the most money on?


Representatives of the Polish dairy industry have expressed their concern about how the border blockade is already affecting and may affect trade. This particular industry has been the only one in Polish business to express concern since the beginning of the farm protests back in 2023. The reason is simple - Ukraine is the third export market for Polish dairy products after the UK and Algeria.


Ukraine also supplies Poland with dairy products, particularly milk powder and butter. However, despite this, the balance of this trade is positive for Poland, totalling €96.7 million annually, Rzeczpospolita reported.




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




A blow to Polish business


Back in February, Forbes, citing sources in the Ukrainian government, reported that the Ukrainian government was allegedly discussing the introduction of restrictions on trade with Poland due to the fact that the problem with regular border blockades was not being solved.

"I would like to avoid this, but we are at the lowest point now, and if this continues, it will have to be done," one of the interlocutors said.


Earlier, Ukraine's ambassador to Poland Vasyl Zvarych estimated in his address to protesters that Ukraine has already lost about 2bn zloty as a result of the border blockade.


At the same time, the losses can be much bigger if they are counted from the moment the protests started. And these losses are not only for Ukrainian exporters, but also for Polish importers.


Despite the huge losses in bilateral trade, Polish protesters have extended the blockade of the Ukrainian border for almost 2 months - until 30 April 2024. In this way, the Poles want to impose restrictions on the import of agricultural products from outside the European Union, including from Ukraine.


At the same time, Ukrainian Trade Minister Taras Kachka said that Ukraine was ready to accept restrictions on trade with the European Union in order to defuse a fierce political dispute with Poland. However, he also called for a ban on imports of Russian grain, which still enters Europe via Belarus and the Baltic States


We remind you! Record profits of Polish airlines in 2023 became possible thanks to Ukrainians. How Ukrainian citizens helped Polish carriers and why the airlines' development strategy takes into account the interests of Ukraine, we tell you here.


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




We recommend purchasing it for a safe and comfortable trip to Ukraine: 


Visit Ukraine Insurance – safe travel in Ukraine (insurance covering military risks);

Visit Ukraine Legal advice – comprehensive legal support on entry to Ukraine;

Visit Ukraine Tickets – bus and train tickets to/from Ukraine;

Visit Ukraine Tours – the largest online database of tours to Ukraine for every taste;

Visit Ukraine Hotels – hotels for a comfortable stay in Ukraine;

Visit Ukraine Merch – patriotic clothing and accessories with worldwide delivery.




© 2018-2023, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Recommended articles

2 min

Popular Record profits of Polish airlines became possible thanks to Ukrainians: details

Record profits of Polish airlines became possible thanks to Ukrainians: details

In 2023, 10 million passengers and 1 billion in revenue would not have been possible without Ukrainians, as they account for a significant share of passenger traffic at Polish airports. Find out more about how Ukrainian citizens helped Polish carriers and why the airline development strategy takes into account the interests of Ukraine

02 Mär. 2024

More details

1 min

Finance How much currency can I take out of Ukraine and what are the rules in the EU?

How much currency can I take out of Ukraine and what are the rules in the EU?

According to the rules established by the National Bank of Ukraine, citizens of Ukraine can take abroad a specific amount of undeclared currency. Find out exactly what amount we are talking about and what documents are required if the amount exceeds the norms

09 Mär. 2024

More details

3 min

Transport How a Ukrainian can buy a car in Poland: algorithm of actions and tips

How a Ukrainian can buy a car in Poland: algorithm of actions and tips

Foreign citizens, and Ukrainians in particular, can freely buy a car in Poland, but depending on where the vehicle will be registered in the future, the purchase process may differ. Find out more about how to buy a car in Poland without risks and unnecessary expenses

10 Mär. 2024

More details

1 min

Finance Ukrainian individual entrepreneurs are going to raise taxes: what is known

Ukrainian individual entrepreneurs are going to raise taxes: what is known

Ukraine plans to increase the tax burden on individual entrepreneurs (IEs). The possibility of introducing additional taxation for certain categories of business is also being discussed. Find out more about what may change

10 Mär. 2024

More details