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 respectively. Regarding the share in volume of imports, it remained the same in the case of Germany and Ukraine (21.8 percent and 1 percent respectively). Poland imported less from Russia (a decrease of 1.4 percent y/y and this figure amounted to 10.7 percent), GUS reported. Poland noted growth in volume of exports to Germany, the Netherlands, Italy, Sweden, Hungary, the Czech Republic, the UK and Slovakia and growth in volume of imports from China, Belgium, Italy, Germany, France, the Netherlands, the UK and the Czech Republic, according to GUS. Poland also bought less from the US.