STARTUP ECOSYSTEM
Poland Export/Import Ratio
Poland’s Trade and IT Growth: A Dynamic Outlook
Poland’s trade surplus of $11.44 billion in 2023 underscores its strong export performance, including $29.6 billion in high-technology exports. The IT market also flourished, with expenditures reaching $29.4 billion, reflecting a 12.4% increase, showcasing the country’s evolving digital and technological landscape.
Poland’s trade balance for technology products reflects a dynamic and evolving landscape. In 2023, Poland’s high-technology exports were reported at approximately $29.6 billion USD. In 2023, Poland achieved a trade surplus of approximately $11.44 billion USD, indicating a positive balance between total exports and imports. . The Polish Information Technology (IT) market has been experiencing growth, with total IT expenditures estimated to reach $29.4 billion USD in 2023, marking a 12.4% increase in local currency.
Sources :
- Trading Economics. (n.d.). High technology exports in Poland (US Dollar, WB Data). Retrieved January 21, 2025.
- Statista. (n.d.). Trade balance of Poland. Retrieved January 21, 2025.
International Trade Administration. (n.d.). Poland – Digital technologies. Retrieved January 21, 2025.
Poland Export/Import Ratio
Poland's trade surplus of $11.44 billion in 2023 underscores its strong export performance, including $29.6 billion in high-technology exports. The IT market also flourished, with expenditures reaching $29.4 billion, reflecting a 12.4% increase, showcasing the country's evolving digital and technological landscape.
Poland Innovation index
Poland's R&D investment reached 53.1 billion PLN in 2023, a significant 18.8% increase, representing 1.46% of GDP. Despite a 31% decline in patents granted in 2022, with 2,224 awarded to domestic entities, the country remains committed to fostering innovation and technological development.
Poland Investment in key sectors
Poland is boosting its technological and educational sectors with significant investments. The EU approved $1.91 billion in state aid for Intel's chip facility near Wroclaw, aligning with the European Chips Act. Cybersecurity funding grew by 14% in 2023, reflecting Poland's commitment to digital resilience. Meanwhile, public education funding, comprising 87% of school education investment, supports initiatives like e-learning and interactive technologies, enhancing accessibility and engagement.
Poland Funding volume
In 2023, Poland attracted 13% of Central and Eastern Europe's VC investments, reinforcing its position in the €213 billion CEE startup ecosystem. PFR Ventures played a pivotal role, contributing to 25% of funding across 137 deals, highlighting Poland's dynamic investment landscape.
Poland Startup density
Poland's startup ecosystem stands out as a key player in Central and Eastern Europe, contributing significantly to the CEE's €213 billion valuation, which has grown 2.4 times since 2019. With a vibrant and evolving startup community, Poland's ecosystem highlights the region's growing investment and tech maturity.
