EUR 2.4 bn trade surplus for Poland in first two months of 2024: stats office

Poland posted a foreign trade surplus of around EUR 2.4 billion in the first two months of this year, the country’s statistics office has reported.

Ілюстрацыйны здымак

Image by postcardtrip from Pixabay/CC0

The country’s exports from the beginning of January to the end of February totaled EUR 56.9 billion, while imports were worth EUR 54.5 billion, the state-run Statistics Poland (GUS) agency said on Monday.

It added that Poland's exports in January and February decreased by 3.2 percent in euro terms at current prices compared with the first two months of 2023, while imports fell by 4.3 percent year on year.

Poland’s largest export markets in the first two months of 2024 were Germany, France and the Czech Republic, while Germany, China and the United States were the country’s largest import markets, data showed.

Foreign trade in goods turnover in January-February 2024 amounted to PLN 247.8 billion in exports at current prices ( decrease of 10.0% y/y) and PLN 237.6 billion in imports ( decrease of 11.1% y/y)https://t.co/XNiP6HnbKC#StatsPoland #statistics #foreigntrade #import #exports pic.twitter.com/HVX6HPylPR

— Statistics Poland (@StatPoland) April 15, 2024

Poland ended last year with a foreign trade surplus of around EUR 10.6 billion, according to Statistics Poland.

Poland’s exports totaled EUR 351 billion in 2023 as a whole, while imports were worth EUR 340.5 billion, the statistics agency said earlier this year.

(gs)

Source: PAP, stat.gov.pl