Locked content Polish import is seen higher than export in 2018

The Ministry of Enterprise and Technology maintains forecast that in 2018 import will exceed export. This will cause a trade deficit of €2.5 billion for Poland. The forecasts of Poland’s economic growth for 2018 are favorable, i.e. at the level of 3.8-4.3 percent. The main sources of growth wi...

Locked content Polish dairy producers are optimistic about export to China

Sales of Polish dairy products on the Chinese market are getting better and better, a representative of Polish Chamber of Milk said at the food fair in Shanghai. “We have already learned to adapt both packaging and taste for the Chinese consumer. I see a very optimistic future of the Polish da...

GUS: Poland with trade deficit in Q1

According to data released by Poland’s Central Statistical Office (GUS), in Q1 Poland had a PLN 4 billion trade deficit. Last year, in the first three months of the year, Poland had a PLN 2.9 billion trade surplus.

Locked content Polish exports to Asia grow 341% over last 13 years

Exports of Polish goods to Asia grew by 341 percent during the last 13 years, Export Credit Insurance Corporation (KUKE) reported.  In 2017 products exported from Poland to Asian countries accounted for 5.7 percent of the total Polish exports. “The potential of Asia is noticed by the Polish entrepre...

Locked content HSBC: Polish companies expect increase in foreign trade turnover

As many as 78 percent of Polish exporters and importers expect their trade turnover to increase in 2018, according to an international survey of companies by HSBC. This result places Polish entrepreneurs in the first place among companies from the European Union that took part in the survey. In glob...

GUS: Trade surplus reaches PLN 7.8 bln in November

At end-November, the foreign trade surplus reached PLN 7.8 billion compared to PLN 16.6 billion surplus last year, according to the Central Statistical Office (GUS). During that period, exports amounted to PLN 802.52 billion (9 percent y/y growth), while imports totaled PLN 794.71 billion (10.4 perc...

Foreign trade surplus reaches PLN 8 bln at end-Q3 – GUS

In the first nine months of 2017, Polish exports turnover amounted to PLN 640.64 billion, while imports amounted to PLN 632.62 billion. Trade surplus reached PLN 8.02 billion. In comparison to the corresponding period of 2016, exports increased by 8.1 percent and imports by 9.2 percent, data from Po...

Locked content Polish poultry exports to outside the EU increase by 36.2% y/y

Poland’s exports of livestock, meat, offal and processed poultry increased by 36.2% y/y from January to October 2016 and amounted to over 201,000 metric tonnes, the Foreign Agricultural Markets Monitoring body (FAMMU/FAPA) reported, citing data from the European Commission. In total, EU countries ex...

Locked content Poland is the largest exporter of wooden products in Europe

Poland became a leader in export of woodwork products in Europe, preceding Germany and Italy, Dziennik Gazeta Prawna says. In 2015, Poland exported wooden windows and doors for the amount of €1.5 billion in total. It shows a 13 percent increase, in comparison with 2014. In general, more than 21.2 mi...