Locked content ERG targets export at 20% of revenue

Plastic products manufacturer ERG plans to increase export to 20 percent of revenue in 2018 versus 15 percent a year ago. The company has already started larger deliveries of foil products to Bulgaria and Tajikistan. In total, ERG exports its goods to 21 countries. During the recent years, ERG inves...

Locked content Export to the Czech Republic up 81% in 2010-2017

Export from Poland to the Czech Republic grew by 81 percent in the period from 2010 to 2017, while export from the Czech Republic to Poland increased by 46 percent, the report of PKO Bank Polski stated. According to the estimates, in 2017  turnover of Polish-Czech trade increased to €21.2 billion co...

Locked content Export from Poland up 2.5% in May

Export from Poland grew by 2.5 percent y/y in May and by 0.2 percent on a monthly basis, the chief economist of the Polish Chamber of Commerce Piotr Soroczyński said.  The analysis was prepared on the basis of economic data and opinions of the members of Polish Chamber of Commerce. Soroczyński added...

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...