Exports to grow by 7% in 2016

The Ministry of Development expects the value of Polish exports to grow by 7 percent to €191.2 billion and trade surplus to amount to €7.4 billion. "Due to the slowdown in import growth in the EU (to 5.1 percent in 2016) and a decreasing demand for European goods (including Polish) in oil exporting countries, it is expected that Polish exports will slow down slightly," a statement read. The ministry also said imports will grow by five percent to €183.8 billion.