INFLUENCE OF FOREIGN DIRECT INVESTMENTS ON FOREIGN TRADE RESTRUCTURING IN POLAND FROM 2004 TO 2011

This article attempted a holistic approach to the relationship between capital inflows in the form of foreign direct investment (FDI) and foreign trade of the host country, both export and import. In this paper is made an attempt to settle the controversy around the motives connected with investing in Poland and verification hypothesis that FDI has a significant impact on the Polish foreign trade. Will be examined the relationship between the value of foreign direct investment in Poland in 2004-2011 and the geographic structure of trade in two directions: exports and imports. The analysis of influence of FDI on foreign trade restructuring in Poland is done (linear gravity model was used). Research results (during the period of the research) are: FDI influence geographical and commodity structure of Polish foreign trade to a high extent, FDI strongly influence the volume of Polish export and import, value of imports is correlated with value of FDI inflow to a higher extent than with value of export and - as far as statistics is concerned - there is a significant co-dependence between the inflow of capital to Poland - in the form of FDI - and geographical and commodity pattern of Polish foreign trade.