GUS: Exports up by 7,3%, Imports up by 3,6% y/y

The trade balance of the Polish economy amounted to PLN 14684,4 million for the period from January to November 2015, the Central Statistical Office (GUS) reported. A positive trade balance was achieved with developed countries, which includes both countries in the EU and the euro zone, while a negative trade balance was recorded with developing countries and countries in Central and Eastern Europe. Polish exports were worth PLN 685666,3 million, which accounted for a 7,3 percent growth y/y. Imports totaled PLN 670981,9 million, equal to a 3,6 percent increase y/y.