EU trade deficit halved as export rates increase at pace that outstrips all the rest

In January, sales of domestic companies to the EU was, after taking exchange rate fluctuations into account, 9% more than it was for the same month last year. Such a result was even better than that achieved by China, which over the past few years has recorded the most dynamic sales figures to the EU. In the same period of time, the value of imports from the EU remained stable. As a result, the trade deficit was cut by almost half, from EUR 700 million in January 2003 to EUR 400 million this year. Especially good results were achieved through trade with Germany, where a surplus of EUR 350 million was amassed. (Rzeczpospolita, p. A1) A.K.