A new opening of economic relations with Spain

Article

17.02.2025

A new opening of economic relations with Spain

Several hundred entrepreneurs and representatives of State administration from Poland and Spain, numerous discussions and meetings. This all took place at the Spanish-Polish Business Forum, during which representatives of the business world and government institutions talked about the possibilities of strengthening economic cooperation between the two countries.

This meeting was an opportunity to exchange experiences and establish new business relations. The Forum was organized in Warsaw by ICEX Spain Trade and Investment and the Spanish Embassy in Poland, with PAIH as a co-organizer of the event.

Impressive attendance and wide-ranging discussions

The Forum gathered a total of over 400 participants, including representatives of almost 300 Polish companies and over 50 representatives of Spanish companies and State institutions. The participants of the Spanish-Polish Business Forum discussed the most promising areas of cooperation between the two countries. Andrzej Dycha, PAIH’s Chairman, and Pablo Conde, General Director of ICEX Spain Trade and Investment, opened the event and welcomed the guests. In his speech, the General Director of ICEX, Pablo Conde, emphasized the benefits of the mutual presence of companies in both markets and the opportunities for Spain and Poland in developing trade and investment cooperation.

Support from government institutions

The event was also attended by Carlos Cuerpo – Spain’s Minister of Trade and Business and Michał Baranowski, Undersecretary of State in the Ministry of Development and Technology of the Polish Republic. Representatives of the ministries spoke about the great openness of both countries to cooperation and the resulting synergy effect, which will allow companies to increase their competitiveness on the global market.

Key sectors and industries of the future

The event focused on the most promising industries shared by both economies. Among the companies present at the Forum, entities from the space and aeronautical, railway, and renewable energy sectors dominated. Among the areas of cooperation with the greatest potential were industries of the future, including the development of artificial intelligence.

Expert discussions and networking

In the second part of the event, round table discussions were held, covering topics such as opportunities and challenges related to operations in both countries, prospects for economic changes in the coming decade, as well as the renewable energy and space industry in Poland. The event concluded with a networking session, providing Polish entrepreneurs with an opportunity to establish cooperation with potential Spanish partners.

Forum as part of the Spain-Poland 2025 business meeting

The Forum was part of the Spain-Poland 2025 Business Meeting, organized by ICEX Spain Trade and Investment and the Spanish Embassy in Poland between February 11th-13th in Warsaw. A delegation of 50 Spanish companies, led by the Minister of Economy, Trade and Business, Carlos Cuerpo, came to Poland.

Growth in trade exchange between Poland and Spain

Since 2012, Poland has recorded a positive trade balance with Spain. Exports from Poland to Spain increased by approximately 10% compared to the same period in 2022. After the first eight months of 2024, exports of goods from Poland to Spain grew by another 4%, reaching EUR 6.7 billion. Imports of Spanish goods to Poland amounted to EUR 3.6 billion.

Spain as an important economic partner for Poland

According to GUS data for 2023, Spain is Poland’s 9th largest economic partner in terms of export value. In 2023, Spain ranked 5th among the largest foreign investors in Poland. Polish companies also invest in the Spanish market, primarily in the following industries: IT, finance, construction chemicals, automotive, pharmaceuticals, medical, and food.