DEVELOPMENT OF POLISH FOREIGN TRADE IN AGRI-FOOD PRODUCTS AFTER POLAND"SACCESSION TO THE EU
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Keywords
:
Accounting, Financial statements, International Financial Reporting Standard, National standardization of accountingRegional convergence, Wage differential, Polish Classification of Activities (PKD), Nominal wagesForeign trade, Agri-food industry, Competitiveness of the food economy, Common Agricultural Policy (CAP)
Abstract
Trends in foreign trade have a huge impact on the country's position in the international market. Poland's accession to the EU was a breakthrough for the Polish foreign trade. This paper analyses trends in the Polish foreign trade in agri-food products in the years 2004-2014, after joining the European Single Market (ESM) and adopting the rules of Common Agricultural Policy (CAP). Since 2004, export growth rate in Polish agri-food products has been faster than the import one and Poland turned from an agricultural net importer to a net exporter. In the paper the value and the balance of trade in agri-food products were analysed. Further, the geographical structure of Poland's foreign trade broken-down into different groups of countries was discussed. The analysis showed that agricultural and food sector improved a lot using the opportunities offered by the accession to the EU. Development of the Polish agricultural trade proves that international competitiveness of Polish agriculture in the years 2004-2014 improved.
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Grzelak, M., & Roszko-Wójtowicz, E. (2015). DEVELOPMENT OF POLISH FOREIGN TRADE IN AGRI-FOOD PRODUCTS AFTER POLAND"SACCESSION TO THE EU. Acta Scientiarum Polonorum. Oeconomia, 14(4), 37–48. Retrieved from https://aspe.sggw.edu.pl/article/view/414
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