Economy
13:32 31 July 2023
Post by: WBJ

Export to Germany up 16.4% in 2022

Export to Germany up 16.4% in 2022
Source: Pixabay

Polish exports to Germany increased by 16.4% y/y, reaching €96.4 billion in January-December 2022, while imports rose by 22% y/y to €73.9 billion, according to the Central Statistical Office (GUS). Germany's share in Polish exports decreased by 0.9 percentage points to 27.9%, and in imports, it decreased by 0.7 percentage points to 20.2%.

The positive trade balance amounted to PLN 105.6 billion ($23.7 billion, €22.5 billion) compared to PLN 101.7 billion ($26.4 billion, €22.3 billion) in 2021.

In 2022, Poland's top ten trading partners accounted for 65.7% of exports and 62.5% of total imports, showing a slight change compared to 2021. Among Poland's major trading partners, only imports from Russia decreased by 7.4% in comparison to the same period in 2021.

Source: inwestycje.pl


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