Locked content TXM plans to increase import share to 70% in 2019

Clothing company TXM plans to further increase import share in sales to over 50 percent in Q1 2019. For some product categories the import target is up to 70 percent, CEO Marcin Gregorowicz said. He added that by the end of 2019 the import should grow to about 70 percent of total sales. In H1…...

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...

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 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 Germany remains Poland’s main trade partner

Germany’s share in the Polish volume of exports grew by 0.9 percent y/y and amounted to 26.1 percent throughout January-November 2014, Central Statistical Office (GUS) informed. Russia’s and Ukraine’s share decreased by 1 percent and 0.9 percent, respectively and totaled 4.3 percent and 1.9 percent ...

Polish exports on the rise

Poland exported goods worth PLN 279.1 billion in I-V 2014, according to Central Statical Office data. During the same time, the country imported PLN 278.8 billion worth of goods. The trade surplus was PLN 279 million.