Foreign trade deficit reaches €0.7 bln at end-April– GUS

In the first four months of 2018, Polish exports amounted to €70 billion, while imports amounted to €70.7 billion. The trade deficit reached €0.7 billion. In comparison to the corresponding period of 2017, exports increased by 5 percent and imports by 7.9 percent, data from Poland’s Central St...

Polish exports increase 9.3% y/y

Exports from Poland in April 2018 increased by 9.3 percent y/y, and dropped by 4.6 percent in monthly terms, said the chief economist of the Polish Chamber of Commerce Piotr Soroczyński in an analysis prepared on the basis of economic data and opinions of members of the Polish Chamber of Commerce. H...

EU and Iceland liberalize trade in food products

Three EU-Iceland economic agreements, signed in September 2015, entered into force on Tuesday. They provide the Union with greater access to the Icelandic market for agricultural and food products and the protection of EU regional products in the country.

Locked content Report: 10% of new food products in the EU is vegetarian

As many as 10 percent of food and beverage products launched on the European market is labeled as vegetarian, according to a report compiled by Mintel for BZ WBK. This was the 3rd most popular distinction (ex aequo with “gluten-free”) after “no artificial additives/preservatives (15 percent) and “or...

Locked content Six poultry producers certified to export to Singapore

Singapore’s veterinary watchdog has issued health certificate for Polish poultry exported to Singapore, the Ministry of Agriculture informed. Six Polish poultry producers have been certified by the Singaporean veterinary services. Poland was officially approved to export poultry to the Asian country...

Locked content Exports up by 8.6% y/y in February – KIG

Poland’s exports reached €16.691 billion in February, increasing by 8.6 percent y/y and fell by 1.0 percent in month-on-month terms, according to chief economist of the National Chamber of Commerce (KIG) Piotr Soroczyński. He also stated that the March figure could be significantly higher than that ...

Locked content Furniture exports reach €8 bln – report

The value of furniture exported from Poland increased last year to €8.02 billion from €7.32 billion a year earlier, which is a 9.1 percent growth, Center for Trade Analysis (CAB) said in its report. According to the CAB data, 3.58 million metric tons of furniture were exported from Poland in the who...

KUKE: exports growth to slow down to 6-7% in 2018

The Export Credit Insurance Corporation (KUKE) predicts that the growth rate of Polish exports will slow down to around 6-7 percent, KUKE’s CEO Janusz Władyczak said. Last year, according to the Central Statistics Office GUS data, exports increased by 10.2 percent to €203.7 billion.