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Poland Balance of Trade
Last Release
Dec 31, 2024
Actual
-2,236
Units In
EUR Million
Previous
-1,646
Frequency
Monthly
Next Release
Mar 17, 2025
Time to Release
30 Days 15 Hours
Highest | Lowest | Average | Date Range | Source |
2,245 Jun 2020 | -3,253 Mar 2022 | -550.16 EUR Million | 2000-2024 | 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 deficit widened to €2.24 billion in December 2024, up from €1.16 billion in the same month last year, as exports fell 0.3% to €24.70 billion amid persistently weak demand from key trading partners. The decline was driven by lower sales in the transportation sector, particularly automotive parts, passenger cars, and delivery vehicles. Meanwhile, imports rose 3.9% to €26.94 billion, fueled by higher purchases of both new and used passenger cars. Imports of consumer goods and agricultural products also increased. Considering 2024 full year, Poland recorded a €6.81 billion gap, compared with a €4.72 billion surplus in 2023.
Poland Balance of Trade History
Last 12 readings