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I UNDERSTAND
English Section

Polish exports, imports hit all-time highs: deputy PM

16.06.2021 09:00
Poland's foreign trade grew rapidly in the first four months of this year, with the country's exports and imports hitting their all-time highs in April, a deputy prime minister has said.
Jarosław Gowin
Jarosław GowinPAP/Tomasz Waszczuk

Poland had a foreign trade surplus of around EUR 3.5 billion in the first four months of this year, the country’s Central Statistical Office (GUS) reported on Tuesday.

The country’s exports from the beginning of January to the end of April totaled EUR 90 billion, while imports were worth EUR 86.5 billion, the state-run statistics agency said.

Deputy Prime Minister Jarosław Gowin commented in a tweet that Poland's exports in April, at EUR 23 billion, as well as imports, at EUR 21.6 billion, "hit their all-time highs."

He added that the rate at which Poland's foreign trade expanded in April was faster than in the same month of 2019, well before the coronavirus pandemic.

Polish exports grew by 15.2 percent in April, while imports increased by 9.1 percent, Gowin noted as economies in Europe and elsewhere emerge from the COVID-19 pandemic.

"This reflects the good condition of Polish industry and testifies to the improving economic condition of our trading partners," Gowin, who is also minister for economic development, labour and technology, said in his Twitter post.

Poland ended last year with a foreign trade surplus of EUR 12 billion, according to the Central Statistical Office.

The country’s exports totaled EUR 237.5 billion in 2020, while imports were worth EUR 225.5 billion.

(gs)

Source: PAP, stat.gov.pl