Exports grows despite slowdown - Confederation Lewiatan

Polish exports keeps rising despite slowdown and this year the net export is balanced, Sonia Buchholtz from Confederation Lewiatan said. As reported by the Central Statistical Office (GUS) on Friday, the surplus in foreign trade turnover after May 2019 amounted to €0.2 billion.

Exports of Polish goods in May amounted to €21.4 billion (increase by about 15 percent y/y), while imports - €21.0 billion (increase by about 13 percent y/y), Buchholtz  pointed out. "Poland is in the supply chain of consumer goods, for which demand is less sensitive to slowing down than in the case of investment goods," she said.

(PAP)