The Ministry of Development and Technology finishes working on the Export Intelligence project. The new system consists of terabytes of data on trade flows, important economic information and many indicators describing individual foreign markets. Reports generated from them will help Polish business plan its activities on global markets.
Currently, e.g. obtaining detailed data on exports of services, the number of exporters of goods and services, comprehensive data on macro conditions, the production potential of Polish enterprises, or foreign investments of Polish companies, etc. requires a lot of work, compilation and correlation of databases.
“Comprehensive knowledge about the trade of a given commodity in the world, as well as forecasts for the potentially best markets, and recipients of this commodity will be available within a few minutes. This is a significant facilitation for entrepreneurs because it will help them make the right business decisions. Also, it is important for the administration that supports domestic exporters”, Minister of Development and Technology, Waldemar Buda says.
Export Intelligence is a system that will automate the collection of export-related data from distributed sources, their processing, generation of studies, forecasts and identification of export potentials. The project is co-financed from EU funds.
The system will collect current data on economic indicators and trade data from sources such as the Central Statistical Office, Eurostat, the United Nations, the International Monetary Fund, and the World Bank. There will also be information about the economic and political climate, business culture and a full database of identified trade barriers from around the world for dozens of key markets.
The strategy also sets partial goals through which the main goal will be achieved:
1. Expanding the group of entities participating in international exchange (indicator: a two-fold increase in 2030 compared to 2016),
2. Increasing the export of technologically advanced goods from 8.5% in 2016 to 15% in 2030,
3. Increasing the share of exports to non-European countries from 15.7% in 2016 to 25% in 2030,
4. Concentration on 12 priority industries (listed in the SRD, Shareholder Rights Directive).
The Export Intelligence project is an organizational and IT project, which is to improve the work of the Ministry of Entrepreneurship and Technology and its stakeholders, as well as to improve the quality of the effects of activities and projects during the implementation of tasks and the above-mentioned goals.