EUR 5.2 bn trade surplus for Poland in first five months of 2023: stats office

Poland posted a foreign trade surplus of around EUR 5.2 billion in the first five months of this year, the country’s statistics office has reported.

Pixabay License

Image by postcardtrip from Pixabay

The country’s exports from the beginning of January to the end of May totaled EUR 146.4 billion, while imports were worth EUR 141.2 billion, the state-run Statistics Poland (GUS) agency said on Friday.

It added that Poland's exports in January, February, March, April and May increased by 8.1 percent in zloty terms at current prices compared with the first five months of 2022, while imports decreased by 1.6 percent year on year.

Poland’s largest export markets in the first five months of 2023 were Germany, the Czech Republic and France, while Germany, China and Italy were the country’s largest import markets, data showed.

Foreign trade goods turnover in January-May 2023 amounted to PLN 687.0 billion at current prices in #exports (increase of 8.1% YoY) and PLN 662.4 billion in #imports (decrease of 1.6% YoY).https://t.co/O3UCouIAFI#StatisticsPoland #statistics #ForeignTrade pic.twitter.com/AVQRU5wcWI

— Statistics Poland (@StatPoland) July 14, 2023

Poland ended last year with a foreign trade deficit of around EUR 19.8 billion, according to Statistics Poland.

Poland’s exports totaled EUR 343.8 billion in 2022 as a whole, while imports were worth EUR 363.7 billion, the statistics agency said earlier this year.

(gs)

Source: PAP, stat.gov.pl