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Poland Balance of Trade
Last Release
Feb 28, 2025
Actual
-919
Units In
EUR Million
Previous
-1,506
Frequency
Monthly
Next Release
May 14, 2025
Time to Release
1 Months 0 Days 14 Hours
Highest | Lowest | Average | Date Range | Source |
2,245 Jun 2020 | -3,253 Mar 2022 | -554.55 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 recorded a trade deficit of €919 million in February 2025, marking a sharp reversal from a €109 million surplus in the same month a year earlier. The deterioration in the trade balance was primarily driven by a 1.4% decline in exports, which fell to €27.24 billion, led by the ongoing weakness in the transportation sector, alongside declines in shipments of supply goods, consumer durables, and capital goods. On the other hand, there was a modest increase in agricultural exports supported by higher food prices on the global market. Meanwhile, imports rose 3.7% to €28.16 billion, driven mainly by stronger demand for consumer goods and agricultural products.
Poland Balance of Trade History
Last 12 readings