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The United States As The Trade Partner Of Poland In The Context Of The Transatlantic Trade And Investment Partnership (Ttip)

Author

Listed:
  • Renata Marks-Bielska

    (University of Warmia and Mazury in Olsztyn)

  • Wieslawa Lizinska

    (University of Warmia and Mazury in Olsztyn)

  • Izabela Serocka

    (University of Warmia and Mazury in Olsztyn)

Abstract

Evaluation of the importance of the USA as the trade partner of Poland is the main objective of the paper, based on the changes in the value of trade during the years 2000–2012 and changes in the structure of trade during the years 2008–2012. The data from the Statistical Yearbooks of Foreign Trade published by the Central Statistical Office was used. The potential for foreign trade growth was illustrated using the simplified analysis based on the gravity model of foreign trade concept. Gradually increasing value of Polish trade with the USA (the average growth rate 9.8%, EU-15 countries 13.1%). Polish exports are characterised by a higher than imports growth rate (USA – exports growth by 12.5%, imports 9.2%, EU-15 – exports 15.1%, imports 11.6%). Trade is strongly dominated by position of one group of products (over 30% share in both exports and imports). The potential of tradeis poorly exploited currently.Trade was focused mainly on the countries situated in the close neighbourhood (mainly the EU countries with the domination of Germany).

Suggested Citation

  • Renata Marks-Bielska & Wieslawa Lizinska & Izabela Serocka, 2014. "The United States As The Trade Partner Of Poland In The Context Of The Transatlantic Trade And Investment Partnership (Ttip)," OLSZTYN ECONOMIC JOURNAL, University of Warmia and Mazury in Olsztyn, Faculty of Economic Sciences, vol. 9(3), pages 201-213, August.
  • Handle: RePEc:ole:journl:v:9:y:2014:i:3:p:201-213
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    More about this item

    Keywords

    International Trade; Economic Integration; Transatlantic Trade and Investment Partnership;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • E0 - Macroeconomics and Monetary Economics - - General

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