Poland attains stability with euro 5.4 billion trade gap with the European Union

For the first time in years Poland's growing deficit in trade with European Union (EU) countries has come to a halt. Thanks to an inconsiderable rise in the imports from the 15 countries (euro 200 million in one year) and the rise in exports (29%) the situation may now be called stable. At the moment Polish products sold in the EU bring euro 10.9 billion and Poland buys euro 16.3 billion worth of EU goods leading to a deficit of euro 5.4 billion over last year's euro 5.2 billion. In the first half of this year Poland remained the fourth biggest market for the EU after the US, Switzerland and Japan. However, Poland still occupies seventh position in terms of exports to the EU. The current situation is considered a great achievement as during that period the price of the euro was falling relative to the dollar, making the situation difficult for Polish exporters to EU countries. (Rzeczpospolita, page B2)