Poland Balance of Trade

Last Release

Jan 31, 2025

Actual

-1,506

Units In

EUR Million

-2,236

Frequency

Monthly

Next Release

Apr 11, 2025

Time to Release

23 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
2,245 Jun 2020	-3,253 Mar 2022	-553.34 EUR Million	2000-2025	National Bank of Poland

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.

Latest Updates

Poland’s trade balance shifted to a €1.51 billion deficit in January 2025, reversing from a €1.27 billion surplus a year earlier, as exports fell 0.7% to €27.24 billion driven by weak demand from key trading partners and increasing competition from non-European economies within the EU. Lower sales in the transportation sector, particularly delivery vehicles, passenger cars, road tractors, and automotive parts, contributed to the decline, along with a sharp drop in fuel exports. However, agricultural exports rose, supported by higher global food prices. Meanwhile, imports surged 9.9% to €28.74 billion, driven by stronger purchases of consumer goods, agricultural products, and fuel. In contrast, imports of transport equipment declined due to reduced supply of automotive parts.