Poland recorded a trade surplus of EUR 608 million in March 2023 compared to a deficit of EUR 4,435 million in the same period of 2022. Still, it was the lowest surplus in the three-month sequence. Exports rose by 15.5% year-on-year to EUR 30,012 million due to a further increase in shipments of transportation means, namely, vans, automotive parts, passenger cars, road tractors and lithium-ion batteries. Meanwhile, imports decreased by 3% to EUR 29,404 million as their value fell in four of the six goods categories. The sharpest drop was seen in fuels and supply goods. source: National Bank of Poland

Balance of Trade in Poland averaged -669.12 EUR Million from 2000 until 2023, reaching an all time high of 2243.00 EUR Million in February of 2023 and a record low of -4335.00 EUR Million in March of 2022. 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 June of 2023.

Balance of Trade in Poland is expected to be -1300.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Balance of Trade is projected to trend around -100.00 EUR Million in 2024 and -300.00 EUR Million in 2025, according to our econometric models.

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Poland Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2023-04-13 12:00 PM Feb €2243M €1559M €375M
2023-05-15 12:00 PM Mar €608M €2243M € -1800M
2023-06-13 12:00 PM Apr €608M €830.0M


Related Last Previous Unit Reference
Balance of Trade 608.00 2243.00 EUR Million Mar 2023
Current Account 1643.00 2586.00 EUR Million Mar 2023
Imports 29404.00 26250.00 EUR Million Mar 2023
Exports 30012.00 27352.00 EUR Million Mar 2023
External Debt 369277.00 333177.00 USD Million Dec 2022
Capital Flows 581.00 3240.00 EUR Million Mar 2023
Foreign Direct Investment 238969.70 203380.50 EUR Million Dec 2021
Remittances 649.00 651.00 EUR Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
608.00 2243.00 2243.00 -4335.00 2000 - 2023 EUR Million Monthly
Current Prices, NSA

News Stream
Poland Posts Trade Surplus for 3rd Month
Poland recorded a trade surplus of EUR 608 million in March 2023 compared to a deficit of EUR 4,435 million in the same period of 2022. Still, it was the lowest surplus in the three-month sequence. Exports rose by 15.5% year-on-year to EUR 30,012 million due to a further increase in shipments of transportation means, namely, vans, automotive parts, passenger cars, road tractors and lithium-ion batteries. Meanwhile, imports decreased by 3% to EUR 29,404 million as their value fell in four of the six goods categories. The sharpest drop was seen in fuels and supply goods.
2023-05-15
Poland's Trade Surplus Largest on Record
Poland's trade surplus hit a record high of EUR 2,243 million in February 2023, as exports rose sharply and imports fell. It was the second consecutive surplus after 1-1/2 years of trade gaps. Exports rose by 10% year-on-year to EUR 26,502 million due to a further increase in shipments of automotive products, namely passenger cars, lithium-ion batteries, and automotive parts. A large gain was also recorded in food sales in the aftermath of growing prices. Meanwhile, imports decreased by 5.4% to EUR 24,259 million as food products shipments especially from Ukraine were sharply down.
2023-04-13
Poland Posts Largest Trade Gap in 8 Months
Poland's trade deficit widened to EUR 2,716 million in December 2022 from EUR 2,277 million in the same month of the previous year. It was the largest monthly trade shortfall since April last year, as imports surged by 12.1% year-on-year to EUR 28,756 million, mainly on higher purchases of fuels, which accounted for over 70% of the increase in the value of total imports. Meanwhile, exports rose at a slower 11.5% to EUR 26,040 million, mainly boosted by shipments of automotive products. The export of food and fuels was also characterized by high dynamics.
2023-02-13