For Australians

Market Profile

Central Europe and Poland in particular is referred to as the economic 'green island' of Europe. Poland has experienced strong growth since the fall of communism more than 25 years ago and importantly was the only country in Europe not to slip into recession following the economic crisis in 2008. The economic fundamentals are strong with a regional economy of US$1.9 trillion, strong 3%+ GDP growth and rising wealth.

Australian organisations are well placed to take advantage of this strong growth through offering high value added products and solutions that provide capacity and capability to local companies seeking to move from an industrial to the 'neo-industrial' phase of development. Policy makers in the region are conscious that a move into more knowledge intensive industries is required if they are to avoid the 'middle income' trap. Australia has a strong reputation in the region and is seen as a potential partner to assist in this transition.

More information on doing business in Poland

Poland's market insights and opportunities

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FACTS

  • Imports from Poland A$640 million
  • Exports to Poland A$251 million
  • Capital Warsaw
  • Official Language Polish
  • Area 313,000 sq km
  • Population 38.5 million

Country information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Poland and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travelers and tourists going to Poland. This is regularly updated and should be checked before planning travel.

» read more at DFAT

Business risks

Bribery of Foreign Officials

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government.

Bilateral agreements

Australia has social security agreements with several countries that address the issue of 'double super coverage' for employees sent to work overseas. To take advantage of these agreements, Australian employers sending employees overseas to work must apply to the Tax Office for a Certificate of coverage.

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