EUR 8.9 bn trade surplus for Poland in first eight months of 2023: stats office

Poland posted a foreign trade surplus of around EUR 8.9 billion in the first eight months of this year, the country’s statistics office reported on Monday.

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The country’s exports from the beginning of January to the end of August totaled EUR 232.4 billion, while imports were worth EUR 223.5 billion, the state-run Statistics Poland (GUS) agency said.

It added that Poland's exports during this period increased by 3.7 percent in euro terms at current prices compared with the first eight months of 2022, while imports decreased by 5.7 percent year on year.

Eksport Polski rośnie. GUS podał najnowsze dane https://t.co/wimk1xkfpV

— Gospodarka - Polskie Radio (@Gospodarka_PRSA) October 16, 2023

Poland’s largest export markets in the first eight 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 turnover in January-August 2023 at current prices amounted to PLN 1 070.5 bn in exports (+3.2% YoY) and PLN 1 029.4 bn in imports (-6.2% YoY).https://t.co/ZPv5UMWOKY#StatisticsPoland #statistics #foreigntrade #import #exports pic.twitter.com/4lWXt3aZKM

— Statistics Poland (@StatPoland) October 16, 2023

Poland ended last year with a foreign trade deficit of around EUR 20 billion, according to a final estimate by Statistics Poland.

Poland’s exports totaled EUR 346.2 billion in 2022 as a whole, while imports were worth EUR 366.2 billion, the statistics agency said at the end of July.

(gs)

Source: PAP, stat.gov.pl