Record Food Exports?
October 31, 2013
Poland will likely export more than 18.7 billion euros worth of farm produce and foodstuffs this year, according to the Warsaw-based Institute of Agricultural and Food Economics. The institute’s latest forecast suggests that Poland’s food exports will set a new record for the Polish agri-food industry after a successful 2012.
Poland continues to export most of its agri-food products intended for foreign markets to other European Union countries. In the first half of this year, EU markets accounted for 77 percent of Poland’s overall agri-food exports, 15.3 percent more than in the same period last year.
For years, Germany has been the main export market for Polish companies. In the first half of this year, Polish companies sold about 2 billion euros worth of goods in that country, 20.5 percent more than in the same period a year earlier. In terms of value, smoked fish, fruit juices and poultry meat dominated among Poland’s agri-food exports to Germany.
Britain remains the second largest export market for Polish agri-food products. Poland’s exports to Britain are dominated by chocolate, meat and juices. Between January and June this year, Polish food exports to Britain rose by 12.4 percent, reaching 682 million euros. Britain is followed by Russia, where Polish exports increased by 21 percent to 641 million euros in the first half of this year.
According to the Institute of Agricultural and Food Economics’ Wiesław Łopaciuk, Poland’s success in exporting farm produce and foodstuffs is based on the fact that the country makes skillful use of its price advantages. The EU as a whole is Poland’s biggest export market. Since the country joined the bloc nine years ago, Polish companies have learned the ropes of doing business on this market and have adapted to the requirements of customers across Europe.