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Minister Piotr Nowak met Japanese ambassador Akio Miyajima

09.02.2022

The topics of the minister of economic development and technology’s conversations with ambassador Akio Miyajima were Japanese investment projects in advanced technologies and Poland’s participation in World EXPO in Osaka in 2025.

Photo of Polish delegation

Trade and investment cooperation with Japan

According to the National Bank of Poland’s data, in 2020 Japan was the third largest non-European investor in Poland. Japanese investments mainly focus on automotive, electromechanical, pharmaceutical, BPO/SSC and food industries. The biggest Japanese investors in Poland include Toyota, Bridgestone, Takeda, Fujitsu, Hitachi Data System, Mabuchi and Asahi.

There are over 300 Japanese companies operating in Poland and providing approximately 40,000 jobs. Production plants are located in special economic zones, especially in Lower Silesian and Silesian provinces. A part of Japanese investments in Poland is made via branches of Japanese companies located in Western Europe, as a result of which they are recorded in statistics as investments from European countries.

In recent years we have recorded a dynamic increase in trade turnover between Poland and Japan. Initial data for 11 months of 2021 show an increase in turnover by 13% (including in Polish exports by 20% up to USD 795.17 million and in imports by 12% up to USD 4.93 billion). Over a half of Polish exports is represented by products of the electromechanical industry, followed by products of the chemical industry and agricultural and food products. Also import from Japan is dominated by products of the electromechanical industry, which in 2020 accounted for 57% of the total exports from Japan valued USD 2.7 billion. The remaining part of exports from the Japanese market mainly comprises products of the chemical industry and products classified as various.

Photos (3)

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