- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
Bilateral trade has expanded over seven-fold in the past 10 years.
US$672mn worth Polish investment has been reported in India.
Indian IT firms currently employ +10,000 professionals in Poland.
US$5bn trade targeted by Joint Commission on Economic Cooperation
US$ 688.2mn
FDI inflow into India from April 2000 to March 2021
US$ 3,848.72mn
Bilateral trade in 2021-2022
10,000
NRIs/PIOs currently live in Poland
Concurrent Accreditation The Mission in Poland also handles India's bilateral relations with Lithuania
40
Ranking in the World Bank's 2020 EoDB report is backed by efforts to drive opportunities in key sectors such as manufacturing, agri-processing, mining.
Economy
Poland is now among the fastest-growing economies in the EU on the back of new trade and business opportunities as well as rising household consumption.
Trade
Poland is India’s largest trade partner and export destination in the Central European region, with bilateral trade growing seven-fold in the last decade.
IT-ICT
Around 13 Indian IT firms, employing over 10,000 professionals, are currently active in Poland, and are operating also their Europe operation from here.
Textile
India has presently a share of only 3.7 per cent in the Polish Textile and Apparel Imports (valued at US$400 million). There remians scope of growth.
India's Exports and Imports to Poland
Source: Department of Commerce
Dated: 07/02/2023
Values in US $ Millions
Country / Region: POLAND
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 1,541.36 | 1,572.80 | 1,548.11 | 1,652.67 | 2,723.94 |
| 2. | %Growth | 2.04 | -1.57 | 6.75 | 64.82 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.51 | 0.48 | 0.49 | 0.57 | 0.65 |
| 6. | IMPORT | 766.99 | 793.39 | 849.58 | 706.35 | 1,124.79 |
| 7. | %Growth | 3.44 | 7.08 | -16.86 | 59.24 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.16 | 0.15 | 0.18 | 0.18 | 0.18 |
| 11. | TOTAL TRADE | 2,308.35 | 2,366.19 | 2,397.68 | 2,359.03 | 3,848.72 |
| 12. | %Growth | 2.51 | 1.33 | -1.61 | 63.15 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.30 | 0.28 | 0.30 | 0.34 | 0.37 |
| 16. | TRADE BALANCE | 774.37 | 779.41 | 698.53 | 946.32 | 1,599.15 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Department of Industrial Policy & Promotion
+91-11-23061222
Udyog Bhawan, New Delhi 110011
Federation of Indian Export Organisations
+91-11-46042222
Niryat Bhawan, Rao Tula Ram Marg, Opp. Army Hospital Research & Referral, New Delhi-110 057
Embassy of India, Poland and Lithuania
+48 22 540 0000
Embassy of India to Poland & Lithuania Address: 2 Mysliwiecka Street, Warsaw 00-459, Poland
