Boinitska N., Candidate of Economic Sciences, Associate Professor of the Department of Finance, Cherkasy State Technological University

ORCID ID: 0000-0002-4859-929
e-mail: n.dudchenko@chdtu.edu.ua

Perspectives for The Development of Polish-Ukrainian Economic Relations

Abstract. Introduction. Poland is one of Ukraine’s most important trade and economic partners, and their relations continue to develop despite the challenges posed by war and global economic crises. However, political and economic instability, global market fluctuations, trade restrictions and sectoral competition have created obstacles to cooperation. The purpose of the article is a comprehensive study of economic relations between Ukraine and Poland, in particular, development prospects and strategic directions of interaction between the two countries. Development of strategic recommendations for improvement of economic cooperation, determination of priority directions of joint development. Today, Polish-Ukrainian cooperation covers various areas, including trade, investment, transport logistics, energy and innovative technologies, as well as coordination of economic policies within the framework of European integration. Over the past decades, economic relations between Poland and Ukraine have undergone significant changes, evolving from historical trade partnerships to modern strategic cooperation. Currently, trade turnover between the two countries, as a key element of cooperation, continues to grow, driven by their favorable geographic location. The article examines the volume and direction of investment, as well as the impact of military action in Ukraine on the Polish economy, unemployment and inflation. 

Results. The study also highlights economic changes in Ukraine, in particular the dynamics of key macroeconomic indicators and the investment climate. The study identifies challenges to deeper economic cooperation, including regulatory barriers, logistical constraints and geopolitical risks. Addressing these issues is essential for developing effective strategies to strengthen economic ties that will facilitate trade growth, attract investment, and promote economic development in both countries. Another crucial factor influencing economic relations is labor migration, which on the one hand contributes to the Polish economy and on the other hand requires policies to integrate Ukrainian professionals into strategic sectors of the domestic economy. 

Conclusions. The key factors determining the future of Polish-Ukrainian economic relations include Ukraine’s deeper integration into the European economic space, increasing trade volumes, and the activation of infrastructure projects, particularly in transport corridors and customs simplifications. 

Keywords: Ukraine, Poland, economy, trade turnover, export, import, investment, GDP, integration.

References:

1. Vasylevskyi, V., & Korniienko, V. (n.d.). Suchasni polityko-ekonomichni vidnosyny Ukrainy ta Polshchi. https://conferences.vntu.edu.ua/index.php/all-hum/all-hum-2019/paper/view/7998/6685.
2. Melnyk, T., & Tunitska, Y. (2024). Zovnishnotorhovelni zvʼiazky Ukrainy ta Polshchi: 2022–2024. Zovnishnia torhivlia: ekonomika, finansy, pravo, (5), 4–24. https://doi.org/10.31617/3.2024(136)01 
3. Totska, O. (2022). Zovnishnia torhivlia tovaramy Ukrainy z Polshcheiu, Rumuniieiu, Slovachchynoiu ta Moldovoiu: analiz i prohnozuvannia. Ekonomichnyi chasopys Volynskoho natsionalnoho universytetu imeni Lesi Ukrainky, (2), 90–98. 
4. Hubytskyi, L., & Melnyk, H. (2021). Torhivelno-ekonomichni vidnosyny Ukrainy ta Respubliky Polshcha (1991–2021 rr.). Mizhnarodni vidnosyny: teoretyko-praktychni aspekty, (8), 99–118. https://doi.org/10.31866/2616-745x.8.2021.249028 
5. Sulym, B. (2020). Ukrainsko-polski torhivelno-ekonomichni vidnosyny v suchasnykh umovakh. Naukovo-teoretychnyi almanakh “Hrani”, 23 (10), 36–46. https://doi.org/10.15421/172091 
6. Zelich, V., & Titarenko, S. (2016). Suchasni realii ekonomichnoho rozvytku ta spivrobitnytstva mizh Ukrainoiu ta Polshcheiu. Naukovyi visnyk Khersonskoho derzhavnoho universytetu. Ser.: Ekonomichni nauky, 17 (1), 35–38. 
7. Mielekestsev, K., & But, O. (2020). Ukraina ta Respublika Polshcha: evoliutsiia vid bilateralnykh vidnosyn do yevroatlantychnoi intehratsii: monohrafiia . Vinnytsia: DonNU imeni Vasylia Stusa. 
8. Kryshtanovych, M. (2021). Ukrainsko-polsky mizhnarodni vidnosyny v konteksti yevrointehratsii ta yevroatlantychnoho vyboru. Ekonomika ta suspilstvo, (24). https://doi.org/10.32782/2524-0072/2021-24-44. 
9. Kowalski, J. (2015). Analiza stosunków gospodarczych między Polską a Ukrainą. 
10. Zieliński, M. (2018). Współpraca handlowa Polska-Ukraina w kontekście integracji europejskiej. 
11. Lewandowski, R. (2019). Handel międzynarodowy a bezpieczeństwo ekonomiczne: Polska-Ukraina. 
12. Dąbrowski, E. (2020). Wyzwania i perspektywy integracji gospodarczej Polski i Ukrainy. 
13. Cabinet of Ministers of Ukraine & Government of the Republic of Poland. (1993, September 14). Agreement between the Government of Ukraine and the Government of the Republic of Poland on mutual encouragement and protection of investments No. 616_169. https://zakon.rada.gov.ua/laws/show/616_169#Text.  
14. Government of the Republic of Poland & Government of Ukraine. (1993, January 12). Convention between the Government of the Republic of Poland and the Government of Ukraine on the avoidance of double taxation and the prevention of tax evasion on income and capital taxes No. 616_168. https://zakon.rada.gov.ua/laws/show/616_168#Text.  
15. Government of the Republic of Poland & Cabinet of Ministers of Ukraine. (2006, March 15). Agreement between the Government of the Republic of Poland and the Cabinet of Ministers of Ukraine on economic cooperation No. 616_063. Retrieved from https://zakon.rada.gov.ua/laws/show/616_063#Text.  
16. Ministry of Development and Technology of Poland. (n.d.). Minister Buda signed an agreement on economic cooperation between Poland and Ukraine. Retrieved from https://www.gov.pl/web/rozwoj-technologia/minister-buda-podpisal-porozumienie-o-wspolpracy-gospodarczej-w-zakresie-handlu-miedzy-polska-a-ukraina.  
17. Cabinet of Ministers of Ukraine & Government of the Republic of Poland. (1993, January 12). Protocol on the Ukrainian-Polish Joint Commission on Trade and Economic Cooperation No. 616_188. https://zakon.rada.gov.ua/laws/show/616_188#Text.  
18. Diakonov, I. (2024, November 10). Poland became the leader in supporting Ukraine in relation to GDP. https://www.pravda.com.ua/news/2024/11/10/7483745/. 
19. Zaxid.net. (n.d.). Poland has almost doubled its exports to Ukraine during the full-scale war. Retrieved from https://zaxid.net/news/](https://zaxid.net/news/) 
20. Trading Economics. (n.d.). Poland indicators. https://tradingeconomics.com/poland/indicators. 
21. Matuszak, S. (2024, August 5). An increasingly important partner: Polish exports to Ukraine and investments in this country. https://www.osw.waw.pl/pl/publikacje/komentarze-osw/2024-08-05/coraz-wazniejszy-partner-polski-eksport-na-ukraine-i. 
22. Forbes Ukraine. (2024, September 27). Poland’s Export Credit Agency KUKE insured Polish investments in Ukraine for the first time. https://forbes.ua/news/eksportno-kreditna-agentsiya-polshchi-kuke-vpershe-zastrakhuvala-polski-investitsii-v-ukraini-27092024-23879.  
23. State Statistics Service of Ukraine. (2025).  https://www.ukrstat.gov.ua/
24. Ministry of Finance of Ukraine (2025). https://minfin.com.ua/
25. Main Statistical Office. (2025). https://stat.gov.pl/
26. NBU. (2025). External sector statistics. https://bank.gov.ua/ua/statistic/sector-external#5.