Quick Answer: Us Trade With Poland How Much?

Bilateral Economic Relations Opportunities for trade and investment have attracted foreign investors into all sectors, and the United States is Poland’s top non-EU investor. in 2020, U.S. goods imports from Poland totaled $8.3 billion.

Who is Poland biggest trading partner?

In 2019, Poland major trading partner countries for exports were Germany, Czech Republic, United Kingdom, France and Italy and for imports they were Germany, China, Russian Federation, Italy and Netherlands.

What are the top 3 imports of Poland?

Imports The top imports of Poland are Cars ($11.4B), Crude Petroleum ($10B), Vehicle Parts ($9.01B), Packaged Medicaments ($5.21B), and Broadcasting Equipment ($5.11B), importing mostly from Germany ($69.6B), China ($26.9B), Italy ($14.9B), Netherlands ($13.1B), and Russia ($11.8B).

How much is US trade worth?

In 2020, the United States ranked as the third largest global merchandise exporter, with a value of about 1.43 trillion U.S. dollars, which accounted for 8.1 percent of the world’s total export trade.

What is Poland’s biggest industry?

For decades Poland’s economy has been dominated by three leading industries: agriculture, manufacturing and mining. Even though agriculture and manufacturing still play a significant role in the country’s future, they are slowly losing their positions to the newly emerging industries.

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Is Poland a rich country?

The country increased its GDP seven-fold since 1990. Poland is classified as a high-income economy by the World Bank, ranking 19th worldwide in terms of GDP (PPP) and 22nd in terms of GDP (nominal).

What do we trade with Poland?

Some of the most important products exported by Poland are: machinery and equipment, metals and metal products, minerals and fuels, chemicals, agricultural products and even textiles. Poland’s main export partners are: Germany, France, the United Kingdom, the Czech Republic, Italy and Russia.

How much does the US trade with China?

U.S. goods and services trade with China totaled an estimated $615.2 billion in 2020. Exports were $164.9 billion; imports were $450.4 billion. The U.S. goods and services trade deficit with China was $285.5 billion in 2020.

What is the US number 1 export?

Transportation equipment was the top commodity exported by the US last year, accounting for almost 18% of the country’s total exports. This category includes aerospace products and parts, motor vehicles, railroad stock, and ships and boats.

Does the US have free trade with Europe?

A free trade area between the two would represent potentially the largest regional free-trade agreement in history, covering 46% of world GDP. The United States and European Union are the largest trading partners of most other countries in the world and account for a third of world trade flows.

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