An economic analysis of the impact of the Russian War in Ukraine on the Poland-U.S. trade

Abstract

This research article examines the economic analysis of the influence of the Russian war in Ukraine on Poland and U.S. trade. The study employs a combination of quantitative and qualitative research methods to investigate the impact of the conflict on trade dynamics between the two countries. The quantitative analysis utilizes trade data, including import and export volumes, trade balances, trade flows, and economic output from 2003 to 2022 using TradeMap data. Descriptive and various econometric estimations were estimated. The qualitative analysis involves the evaluation of policy responses, trade strategies, and business decisions made in response to the conflict. The results indicate a rise in Polish exports to the U.S., but dominated by specific products. This research contributes to a comprehensive understanding of how the Russian war in Ukraine has affected Poland's trade with the U.S., provides valuable insights into the economic consequences of the conflict, and identifies potential avenues for future trade cooperation between Poland and the U.S.