Light industry exports on the rise

Exports of light industry products grew the fastest in January-July, at 13.6 percent year-on-year, the Ministry of Economy said in a news release on Tuesday. It amounted to €3.5 billion. Exports of machine goods also grew, by 6.9 percent y/y, and amounted to €37.5 billion. Growth was also recorded in the exports of food (by 6.3 percent) and paper and wood products (by 6.2 percent). At the same time, the exports of mineral products fell by 5.5 percent and that of metallurgy products declined by 0.5 percent, the ministry said. Poland’s Central Statistical Office said on Tuesday that Poland exported goods worth €93.86 billion in January-July 2014, while imports stood at €94.03.