EUR 6.3 bn trade surplus for Poland in first eight months of 2020: stats office

Poland had a foreign trade surplus of around EUR 6.3 billion in the first eight 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 August totaled EUR 147.7 billion, while imports were worth EUR 141.4 billion, the state-run statistics agency said on Thursday.

Poland’s largest export markets during this period were Germany, the Czech Republic and Britain, while Germany, China and Russia were the country’s largest import markets.

Foreign trade turnover in Jan.-August 2020 according to #exports at current prices amounted to PLN 649.0 bn (decrease by 3.2% YoY), while #imports amounted to PLN 621.0 bn (decrease by 7.4% YoY).https://t.co/ZaDLJqGlWI#StatisticsPoland #statistics #ForeignTrade #trade pic.twitter.com/wC699WCWGg

— Statistics Poland (@StatPoland) October 15, 2020

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 released by the Central Statistical Office in the summer.

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)

Source: PAP, stat.gov.pl