Poland lost $550 mln due to the Russian embargo
10:56
Poland has lost around $550 million due to the Russian embargo implemented in August 2014, RMF FM radio reported.
The Ministry of the Economy compared export value noted in 2014 to the value from 2013. The estimates included only the value of goods that were not exported last year, exluding costs of storage or transportation.
The embargo was imposed on such products as fruits, vegetables, meat, fish, milk and dairy.
Throughout January-November 2014 export value to Russia dropped by 11.9 percent y/y and share in total exports volume decreased by 1 percent y/y the General Statistical Office reported.