Poland raises foreign trade forecasts

The ministry of entrepreneurship and technology has raised its exports growth forecast to 6.2 percent and imports to 8.7 percent. This means, that Polish companies will sell goods and services worth €219.5 billion abroad this year and import €224 billion worth of products.

Locked content Hard Brexit could impact Polish automotive sector 

Poland is the fifth most important automotive trade partner for the UK, and the potential hard Brexit will hit the British, EU and Polish automotive sectors. The British will lose trusted and competitively priced parts suppliers (78 percent comes from EU imports), and production plants in Poland wil...

Poland 9th in global honey production

Poland ranks 9th in terms of global honey production. The country is 8th among global honey importers and at the same time 13th place in the list of exporters of the product. This is according to BGŻ BNP Paribas analysis.

Locked content Exports up 7.8% y/y in June – KIG

Exports from Poland increased by 7.8 percent y/y and by 3.6 percent m/m, chief economist of the National Commerce Chamber (KIG) Piotr Soroczyński stated in a report. In June exports stood at an estimated €17.873 billion. He added that the value of exports in July may turn out lower than that recorde...

Locked content New industrial orders for exports up 5.8% y/y in June

New industrial orders for exports increased by 5.8 percent y/y in June, after a 4.8 percent growth y/y in the previous month, GUS informed. In month-on-month terms, new industrial orders for exports increased by 12.1 percent. In May, they fell by 2.5 percent m/m. The indicator points to an increased...

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...