GUS: Poland’s trade surplus reaches €4.25 bln in Jan-Aug

The foreign trade surplus in the period January-August 2016 stood at €4.259 billion, the Central Statistical Office (GUS) announced on Friday. Compared to the same period of 2015, exports rose by 6.3 percent, while imports were up 3.8 percent.

According to GUS, in January-August, exports amounted to €118.922 billion and imports €114.663 billion (a 1.5 percent rise in exports and 0.8 percent drop in imports). So, the positive balance came to €4.259 billion compared to €1.511 billion in the same period last year.

Developed countries had a 86.4 percent share in Poland’s total exports (with the EU taking the lion’s share of 79.7 percent), and a 68 percent share in imports (EU 61.1 percent.). The figures for the same period last year were 85.8 percent (EU 79.5 percent) and 66.8 percent (EU 60.2 percent).

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