EUR 11.6 bn trade deficit for Poland in first six months of 2022: stats office

Poland had a foreign trade deficit of around EUR 11.6 billion in the first six months of this year, the country’s statistics office reported on Tuesday.

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Poland’s exports from the beginning of January to the end of June totaled EUR 165.4 billion, while imports were worth EUR 177 billion, the state-run Statistics Poland (GUS) agency said.

Foreign trade turnover in January-June 2022 in #exports at current #prices amounted to PLN 761.5 bn (increase by 20.8% YoY) , while in #imports PLN 814.6 bn (increase by 33.1% YoY).https://t.co/El60LZXbax#GUS #statistics #foreign trade #import #exports pic.twitter.com/5nLrKqoOFL

— Statistics Poland (@StatPoland) August 16, 2022

It added that Poland's exports during this period increased by 20.8 percent in zloty terms at current prices compared with the first six months of 2021, while imports grew by 33.1 percent year on year.

Poland’s largest export markets in the first half of this year were Germany, the Czech Republic and France, while Germany, China and Russia were the country’s largest import markets, data showed.

Poland ended last year with a foreign trade deficit of around EUR 1.5 billion, according to Statistics Poland.

Poland’s exports totaled EUR 288.1 billion in 2021 as a whole, while imports were worth EUR 289.6 billion.

(gs)

Source: PAP, stat.gov.pl