In 2023, trade between Poland and the United Kingdom reached an all-time high, with goods and services totaling EUR 36.4 billion—an impressive 35% surge compared to 2018. The services sector, in particular, saw a remarkable 70% jump in value, underlining the strength of economic ties between the two nations.

A Robust Export Market and Strategic Growth

With the UK boasting a population of around 67 million and high purchasing power, it remains an exceptionally attractive export market for Poland. The competitive quality and pricing of Polish products have fueled dynamic growth across several key sectors, including food, technology, clothing, and professional services. This sustained momentum is transforming Poland’s export landscape and solidifying its role in the global market.

Strengthening Bilateral Economic Relations

Poland and the UK have not only deepened their trade ties but have also significantly expanded investment activities. Poland, currently ranked sixth in Europe for investment attractiveness, is drawing keen interest from British investors. In 2023, Polish exports to the UK amounted to EUR 17.5 billion, increasing to an estimated EUR 18.5 billion in 2024, while imports have stabilized at around EUR 6.1 billion over the past two years. This trade dynamic has generated a substantial surplus—EUR 11.4 billion in 2023, rising to nearly EUR 12.5 billion in 2024.

The UK Market and Global Trade Dynamics

While the United Kingdom's total goods imports reached $791.66 billion and exports $521.21 billion in 2023, its leading import partners remain China, the United States, and Germany. Nevertheless, the robust performance of Polish exports and services highlights Poland's growing significance in the UK's trade portfolio. In the services arena, the UK is both a top recipient and provider of Polish services, with IT, consulting, financial, and outsourcing sectors leading the way, further positioning Poland as a key business hub in Central and Eastern Europe.

British Investments Fueling Polish Growth

British capital in Poland has surged, with investments reaching PLN 91.4 billion—more than doubling since 2018. Over 1,400 British-owned companies now operate in Poland, employing approximately 113,000 people. Major players such as GSK, BP, Castorama, and HSBC, along with investments from 51% of FTSE 100 companies, underscore the deepening economic relationship. Notably, British firms are increasingly focusing on renewable energy and decarbonisation, further bolstering Poland’s economic transformation.

Polish Expansion into the UK

Polish companies are not just exporting—they’re investing in the UK as well. In 2022, Polish direct investments in the United Kingdom reached £460 million, with companies like InPost, Atlas, and TFKable leading the charge. These strategic moves are reinforcing Poland's presence in the British market and enhancing its international profile.

Looking Ahead: Future Collaboration and Growth

Experts forecast that future cooperation between Poland and the UK will concentrate on sectors such as energy, aviation, technology, and finance. With joint projects in energy transition, digitization, and start-ups on the horizon, the economic partnership between the two nations is poised for even greater growth.

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