Poland’s trade surplus rises to EUR 4.2bn
PR dla Zagranicy
Roberto Galea
12.08.2016 12:11
Poland's foreign-trade surplus rose to EUR 4.2 bln in H1 from EUR 2.2 bln the year earlier, the Central Statistical Office (GUS) said on Friday.
Photo: Pexels
The surplus in June itself was some EUR 1.2 billion in a very strong result. Export growth quickened to 2.1 percent y/y from 1.2 percent between January and May.
June looks to have seen a big export jump of some 11 percent. Import growth fell to -0.2 percent in H1, from zero percent in the prior period.
In terms of country groups, Poland ran a large EUR 19.2 billion surplus with the EU, including a EUR 9.0 billion surplus with the Eurozone.
The country ran a big deficit of EUR15.4bn with developing nations but did not report numbers for the non-EU CEE. (rg)
The article is an edited version of one provided by Central European Financial Observer:
