In 2015 exports from Poland amounted to PLN 747248.2 mln, while imports amounted to PLN 731719.6 mln. The positive balance reached the level of PLN 15528.6 mln (EUR 3678,6 mln), compared to minus PLN 11095.9 mln in 2014. In comparison with 2014, exports increased by 7.8% and imports by 3.9%.
Worthnotingly, this is the first year for the Polish foreign trade, since the early 90s, ended with a positive balance. It is undoubtedly a historical matter for the Polish economy. Radoslaw Jarema, from the payment institution AKCENTA, says: “Today is a great celebration day for Polish exporters (…).Exporters have had a huge impact on the health of the entire Polish economy for years. It is thanks to them, that Poland has come a long way to a strong position in the international trade’s arena since the exit of the so-called Eastern bloc. ”
According to financial analyst and economic, Michał Żuławiński, the Polish trade balance gained thanks to the fall in oil prices, as well as the euro reprint by the ECB, which made the economies of euro area’s results flourish, thereby increasing demand for Polish products. Furthermore, the weakening of zloty also worked in favor of Polish exporters.
A positive trade balance of Poland in 2015 is the result of a surplus in trade with developed countries (EUR 36 507 million), mainly with the EU countries (EUR 37 121.9 million).
Germany was the main Polish trade partner in 2015 in terms of exports from Poland – 27.1% and imports – 22.9%. On the list of 10 countries of our leading customers, the largest increase in exports was recorded with: Spain (+ 16.5%), the Netherlands (+ 14.4%), United Kingdom (+ 14.4%), Italy (+13, 1%), Germany (+11.2%), Czech Republic (+ 10.1%), Hungary (+ 8.2%), France (+ 7%) and Sweden (+ 4.4%). Exports to Sweden composed 2.8% of total exports.
The largest increase in imports in 2015 was recorded with such countries as China (+ 15.9%), United States (+ 14.3%), United Kingdom (+ 8.2%), Germany (+ 7.8% ), Netherlands (+ 5.4%) and Belgium (+ 5%).
Radosław Jarema emphasizes that: “The biggest success of last year was a successful shift of production aimed at the Russian market to the EU markets. It is visible in the large increases in exports to our major European partners, and increase in the share of EU in our total exports from 77.5% in 2014 to 79.3% at end of 2015. ”
However, the high trade surplus with the EU markets is reduced by a huge imbalance in trade with developing countries (27 079.8 million). Among 20 countries with which Poland has the most negative balance, half are Asian countries, of which the main role is played by imports from China (20 331.2 million).
stat.gov.pl
akcenta.pl
bankier.pl
