EUR 5.6 bn trade surplus for Poland in first seven months of 2020: stats office

Poland had a foreign trade surplus of around EUR 5.6 billion in the first seven months of this year, the country’s Central Statistical Office (GUS) has reported.

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The country’s exports from the beginning of January to the end of July totaled EUR 129.6 billion, while imports were worth EUR 124 billion, the state-run statistics agency said on Tuesday.

Poland in mid-March temporarily closed its borders to non-residents in a move to curb the spread of the coronavirus and then extended the restriction four times.

The country’s borders stayed open to the movement of goods.

Poland reopened its borders with its European Union neighbours in mid-June.

Poland ended last year with a foreign trade surplus of EUR 1.2 billion, according to revised data from the Central Statistical Office.

Foreign trade turnover in 2019, according to final data: exports at current prices amounted to PLN 1 023.6 bn, while imports amounted to PLN 1 018.5 bn. In comparison to 2018, #exports increased by 7.6%, #imports by 4.9%.https://t.co/R7VwuTgeap#StatisticsPoland #statistics pic.twitter.com/x6AFAWmp6Y

— Statistics Poland (@StatPoland) July 31, 2020

(gs/pk)

Source: PAP, stat.gov.pl