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Home International Customs

UAE-Poland trade tripled in last 5 years

byCT Report
20/06/2016
in International Customs, Poland
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ABU DHABI: Bilateral trade between the UAE and Poland has tripled over the last five years, reaching around $1 billion (Dh3.67 billion) in 2015, and is expected to grow further, according to the Embassy of the Republic of Poland in Abu Dhabi.

“Statistical data on [UAE-Poland] trade for 2015 confirms the UAE remained the biggest trading partner compared to other countries in the GCC,” Sebastian T. Stepnicki, counsellor and head of the Trade and Investment Promotion Section at the Embassy, told Gulf News. He said Polish exports to the UAE are dominated by telecommunications-related appliances, chocolates and food while the country imports aluminium, metal packaging and plastic products.

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“Trade ties between the two countries are increasing with bilateral trade, reaching around $1 billion last year, and companies from the UAE are showing keen interest to invest in the real estate sector in Poland.” The Embassy of Poland in the UAE and the Ministry of Economy of Poland held intensive talks with real estate companies Emaar Properties and Eagle Hills to invest in major Polish cities such as Warsaw, Wroclaw and Krakow, he said.

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