Imports from China record a historic drop in Q3 2023

Poland's imports dropped 16% in Q3 2023, mainly due to lower prices (especially fuel) and volumes. The five main categories (except transport) all saw declines: fuel, investment goods, components, food and consumer goods.

China imports fell the most (25.8%), the biggest drop recorded to date. Russia's share in Polish imports shrank to 0.5% from 3.1% the year before, hit by embargoes and pipeline closures.

Ukraine imports also fell sharply (50%), driven by lower agricultural product imports. Automotive parts' growth slowed, while passenger car imports increased.

Source: bankier.pl