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Poland's exports up 6.9%, imports rise 12.7% in 2022

01 Aug '23
1 min read
Pic: Shutterstock/Sven Hansche
Pic: Shutterstock/Sven Hansche

Insights

  • Poland's exports were up by 6.9 per cent to $365.8 billion, and imports rose 12.7 per cent to $387.0 billion in 2022—a negative balance of $21.2 billion.
  • The largest share in total exports was with developed countries at 87.3 per cent.
  • The smallest share was with Central and Eastern Europe at 4.8 per cent for exports and 6.2 per cent for imports.
Poland’s exports rose to $365.8 billion, an increase of 6.9 per cent, while imports surged to $387.0 billion, marking an increase of 12.7 per cent, in 2022. This led to a negative balance of $21.2 billion, in stark contrast to 2021, when it stood at -$1.5 billion.

The statistics further indicate that Poland’s largest share in total exports is with developed countries, at 87.3 per cent—of which the European Union (EU) is at 75.8 per cent. This figure has slightly increased from 2021 when it was 86.4 per cent with the EU at 75.1 per cent. In contrast, the smallest share is observed with Central and Eastern Europe countries, with total exports at 4.8 per cent and imports at 6.2 per cent. This is a decrease compared to 2021 when the figures were 5.7 per cent and 7.9 per cent, respectively, Statistics Poland said in a press release.

The data also highlighted a negative balance with developing countries at -$92.9 billion and with Central and Eastern European countries at -$6.9 billion. On a more positive note, a substantial positive balance was achieved in turnover with developed countries at $78.6 billion, of which the EU countries alone accounted for $77.9 billion.

Fibre2Fashion News Desk (NB)

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