Poland recorded a trade deficit of 632 EUR Million in November of 2021. source: National Bank of Poland

Balance of Trade in Poland averaged -540.12 EUR Million from 2000 until 2021, reaching an all time high of 2245 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 January of 2022.

Balance of Trade in Poland is expected to be 1000.00 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 -600.00 EUR Million in 2023, according to our econometric models.

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Poland Balance of Trade

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
-632.00 -822.00 2245.00 -2378.00 2000 - 2021 EUR Million Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-14 01:00 PM Oct €-822M €-111M €250M
2022-01-13 01:00 PM Nov €-632M €-218M
2022-02-14 01:00 PM Dec €-632M € -2000M

Related Last Previous Unit Reference
Balance of Trade -632.00 -822.00 EUR Million Nov/21
Current Account -1112.00 -856.00 EUR Million Nov/21
Exports 26915.00 25700.00 EUR Million Nov/21
Imports 27547.00 25918.00 EUR Million Nov/21
External Debt 366390.00 366510.00 USD Million Sep/21
Capital Flows 128.00 837.00 EUR Million Nov/21
Foreign Direct Investment 203380.50 209504.80 EUR Million Dec/20
Remittances 656.00 663.00 EUR Million Jun/21