Polish Exports Gaining Momentum
Polish export is accelerating, with the Q1 2010 growth amounting to 14%
y/y while the respective y/y figure for January-February stood at 7.4%,
Puls Biznesu daily writes.
The situation of Polish exporters is improving and will continue to do
so, Raiffeisen Bank economist Marta Petka-Zagajewska told the daily.
The majority of the countries Poland exports to are recovering and, so
their demand for Polish products will increase; secondly, the Greek debt
problems weakened the zloty, which gave Polish exporters a temporary
competitive advantage, Petka-Zagajewska said.
What an excellent result for Poland and it's exporters. Just what Poland needs to maintain their position as the leading economy in Europe.
Unfortunately, not such good news for the UK where we still need more impetus on exporting and we should perhaps take a leaf out of the book from poland. At present the UK is the 4th largest export market for Poland but Poland is only the 7th largest export market for the UK.
This disparity must end and more effort should be made by British exporters to look more closely at the Eastern Europe market and especially at Poland with it's 38 Million population.
Perhaps the new UK Coalition Government will give some incentives to UK exporters to 'DRIVE' Britain forward and help the UK economy n the way it NEEDS to be helped. We need to support all sectors of the export market but very importantly we need to help the SME sector the most.
The Uk SME market represents one of the most important parts of the Uk economy and failure to support these businesses will not help Britain to 'Change'
The time is NOW!. We must export more from the UK and we must look towards the new markets.
Blog by Michael Clay
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