Trade Balance in Poland

Poland Trade Balance | Economic News & Forecasts

Poland - Trade Balance

The economy expanded strongly in the first quarter, beating market expectations. A marked accumulation of stocks shielded against supply side disruptions and drove the acceleration. Strong, albeit softer, private consumption growth amid a healthy labor market further supported activity. The pace of economic growth should moderate in Q2, partially due to a waning low base effect. Industrial activity cooled in April, likely weighed down by supply chain constraints, while inflation continued to soar. Business sentiment remained subdued in April and May, while the PMI moved into contractionary terrain in May. That said, retail sales skyrocketed in April. Meanwhile, the government terminated its agreement with Russia to receive gas, while parliament approved a judicial reform to meet EU demands, paving the way to receive EU recovery funds.

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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