Poland posted a trade surplus of EUR 735 million in August of 2020, switching from a EUR 324 million gap a year earlier. Imports fell 5.1 percent from a year earlier to EUR 16,995 million while exports rose 0.8 percent to EUR 17,730 million.

Balance of Trade in Poland averaged -603.40 EUR Million from 2000 until 2020, reaching an all time high of 2488 EUR Million in June of 2020 and a record low of -2378 EUR Million in December of 2008. This page provides the latest reported value for - Poland Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: National Bank of Poland

Balance of Trade in Poland is expected to be 300.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Poland to stand at 600.00 in 12 months time. In the long-term, the Poland Balance of Trade is projected to trend around 300.00 EUR Million in 2021 and -300.00 EUR Million in 2022, according to our econometric models.

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Poland Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
735.00 818.00 2488.00 -2378.00 2000 - 2020 EUR Million Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-07-14 12:00 PM May €1250M €-48M €420M
2020-08-13 12:00 PM Jun €2666M €1389M €1600M
2020-09-14 12:00 PM Jul €998M €2666M €1250M
2020-10-14 12:00 PM Aug €735M €818M €850M
2020-11-13 01:00 PM Sep €735M € 1270M
2020-12-16 01:00 PM Oct

Poland Balance of Trade
From the beginning of the past decade, Poland’s foreign trade turnover increased almost ten-fold. Poland exports processed fruit and vegetables, meat, dairy products, electromechanical products, vehicles, aircraft and vessels. Most of Poland's imports are capital goods needed for industrial retooling and for manufacturing inputs like machinery and transport equipment, chemicals, minerals, fuels and lubricants. European Union is by far its largest trading partner accounting for about 79% of exports and 64% of imports.