Print this page

Polish exports were up almost one quarter in euro terms, to €54.3bn, after 11 months of 2004. Imports were about €65bn in the same period, according to GUS. Faster growing exports (by 24.8%) than imports (by 18%) led to a trade deficit of €10.7bn in the period January-November, or €800m less than a year previously. Sales to EU countries rose in this period 22.3%, or slightly slower than total exports. The value of exports to Germany, Poland's largest trading partner, rose only 15.7%, but to Italy, the UK and Czech Republic all up over 34%. The largest rise, 68%, was seen in sales to Russia (to over €2bn). The EU's share in Poland's imports fell (from 69.2% to 68.1%). Polish companies bought more in countries including China (almost 30% rise), the Czech Republic (25%), Sweden and Spain (over 20%). Text source: PMR Ltd.