EUR 4.2 bn trade surplus for Poland in first five months of 2024: stats office

Poland posted a foreign trade surplus of around EUR 4.2 billion in the first five 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 May totaled EUR 144.6 billion, while imports were worth EUR 140.5 billion, the state-run Statistics Poland (GUS) agency said.

It added that Poland's exports in January, February, March, April and May decreased by 2.9 percent in euro terms at current prices compared with the first five months of 2023, while imports fell by 2.3 percent year on year.

Nadwyżka w obrotach towarowych handlu zagranicznego po maju wyniosła 4,2 mld euro - GUS https://t.co/7TjhJOaeHX

— Strefa Inwestorów (@strefainw) July 15, 2024

Poland’s largest export markets in the first five months of 2024 were Germany, France and the Czech Republic, while Germany, China and the United States were the country’s largest import markets, data showed on Monday.

Foreign trade turnover in January-May 2024 in PLN was lower year-on-year: #exports by 10,2%, while #imports by 9,7%.https://t.co/C1CVQldqRR#StatisticsPoland #statistics #ForeignTrade #Poland pic.twitter.com/KaNGnr6rI1

— Statistics Poland (@StatPoland) July 15, 2024

Poland ended last year with a foreign trade surplus of around EUR 10.6 billion, according to Statistics Poland.

Poland’s exports totaled EUR 351 billion in 2023 as a whole, while imports were worth EUR 340.5 billion, the statistics agency said earlier this year.

(gs)

Source: PAP, stat.gov.pl