Trade Balance in Poland

Poland Trade Balance (EUR) | Economic News & Forecasts

Poland - Trade Balance (Euros)

The Polish economy remained perky in Q2 according to a preliminary estimate. Growth was fueled by solid gains in private consumption, which were likely driven by the sharp fall in unemployment observed since the beginning of the year. Signs remain positive heading into Q3: Retail sales chalked up another heady pace of growth in July, the manufacturing PMI remained firmly in positive territory in August and businesses stayed broadly optimistic in the same month. The economy has up until now brushed off the heightened political uncertainty caused by the raging diplomatic row between Warsaw and Brussels over the freedom of the country’s judicial system. Although in July President Andrzej Duda vetoed two laws proposed by the ruling PiS party, a third—which allows the Justice Minister to fire judges—has become law. The government is holding firm on its implementation, while the EU Commission is threatening legal action.

Poland - Trade Balance (EUR) Data

2012  2013  2014  2015  2016  
Trade Balance (EUR billion)-8.1  -0.3  -3.3  2.2  1.6  

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Poland Trade Balance (EUR) Chart

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

Poland Facts

Bond Yield3.371.72 %Sep 21
Exchange Rate3.58-0.45 %Sep 21
Stock Market64,209-0.83 %Sep 21

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