Gorm Jacobsen

University of Agder, Norway

gorm.jacobsen@uia.no

NORWEGIAN-POLISH BILATERAL TRADE DEVELOPMENTS SINCE 1990

Ewa Kucharska-Stasiak

University of Lodz

Poland

ewkuchar@uni.lodz.pl

Jurga  Naimaviciene

Vilnius Gediminas Technical University

 Lithuania

jurga.naimaviciene@vgtu.lt

Laura Tupenaite

Vilnius Gediminas Technical University Lithuania

laura.tupenaite@vgtu.lt

 Abstract. Since 1990 there has been a significant growth in Norwegian-Polish bilateral trade. Of key interest to this work is to identify the main industries driving bilateral trade and to what extent this trade is in similar or different goods, suggesting either industrial convergence or specialization, respectively. When measured in nominal terms, up until 2014, Norway’s exports to Poland have increased by a factor of 16, while Norway’s imports from Poland have increased by a factor of 32 during the same period. Over the period 2005-2014 Norwegian imports and exports have both increased by an approximate 200% .This can be strongly attributed to Poland’s membership in  the European Union since  2004 and the fact that Norway has a free trade agreement with the EU. Therefore, taking into account not only the significant expansion in bilateral trade between these two countries but also the differences in their respective structures of industry, this work seeks to analyse the main factors behind the development of this trade.

Received: May, 2016

1st Revision: July, 2016

Accepted: October, 2016

DOI: 10.14254/2071-8330.2016/9-3/11

JEL Classification: F10, F12, F15

Keywords: Bilateral Trade, Norway, Poland