GUS: Poland recorded over €2 bln trade surplus in January-April

In January-April 2015, the value of Polish exports reached €56.84 billion, an increase of 4.7 percent year-on-year and imports reached a total value of €54.79 billion, an increase of 0.4 percent y/y, the Central Statistical Office (GUS) informed. The trade surplus amounted to around €2.05 billion (roughly PLN 8.7 billion), whereas in the same period in 2014, the trade deficit stood at €255.7 million. The value of Polish exports to Germany grew by 7.5 percent, totaling €15.45 billion, the value of imports from Poland's largest trade partner increased by 4.6 percent, and amounted to €12.4 billion. Therefore, the trade surplus stood at over €3 billion. The value of Polish exports to Russia fell by 32.7 percent and amounted to €1.57 billion.