Trade Balance in Poland

Poland Trade Balance | Economic News & Forecasts

Poland - Trade Balance

GDP growth lost some momentum in Q3, according to a revised estimate, with a weaker base effect weighing on activity. Nevertheless, public spending remained relatively solid, with higher fixed investment growth helping to bolster the overall reading. Turning to Q4, the economy looks to have ended 2021 on a strong footing: Industrial production averaged notably higher in October–November than in Q3, while retail sales surged to a seven-month high in November, indicating improving growth in consumer spending. Moreover, the manufacturing PMI rose steadily throughout Q4 on strengthening output and demand. However, surging inflation could have weighed on activity in the final stretch of the year, with the country’s high-emission, coal-intensive energy system translating into higher energy prices for businesses and households.

Poland - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)2.5  3.3  1.5  -5.6  2.7  

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Poland Trade Balance Chart

Poland Trade
Note: Trade balance in EUR billion.
Source: National Bank of Poland.

Poland Facts

Value Change Date
Bond Yield2.07-0.30 %Dec 31
Exchange Rate3.79-0.53 %Jan 01

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