EUR 10.6 bn trade surplus for Poland in first 10 months of 2023: stats office

Poland posted a foreign trade surplus of around EUR 10.6 billion in the first 10 months of this year, the country’s statistics office has reported.

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The country’s exports from the beginning of January to the end of October totaled EUR 293.5 billion, while imports were worth EUR 283 billion, the state-run Statistics Poland (GUS) agency said on Friday.

It added that Poland's exports during this period increased by 2.5 percent in euro terms at current prices compared with the first 10 months of 2022, while imports decreased by 6.7 percent year on year.

Poland’s largest export markets in the first 10 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 - October 2023 in exports at current prices amounted to PLN 1,349.8 bn (increase by 1.2% YoY), while in imports - PLN 1,301.2 bn (decrease by 7.9% YoY).https://t.co/PmCnFrQ0Xh#StatisticsPoland #statistics #foreigntrade #imports #exports pic.twitter.com/UZsawnWbmw

— Statistics Poland (@StatPoland) December 15, 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