Poland's exports will probably increase by around 9% y/y to EUR 168.9bn, while imports will rise by around 8% y/y to EUR 170.0bn, according to forecasts of the ministry of economy. Thus, the negative balance in the country's foreign trade will be minus EUR 0.6bn (vs. minus EUR 2.3bn in 2013).
However, the ministry stressed that these estimates may change, depending on the developments in the West-Russia trade conflict.
In H1 of 2014, exports increased by 5.4% y/y to EUR 80.02bn, while imports were up by 4.5% to EUR 80.20bn (in the entire 2013, they were up by 8.0% and up by 1.9%, respectively).
The head of the European Commission Jean-Claude Juncker held talks with leaders of the Visegrad Group at a nearly three-hour dinner on October 19. The dinner on the eve of the EU summit was ... more
Turkish President Recep Tayyip Erdogan received a warm welcome from his Polish peer Andrzej Duda on October 17, as Warsaw said it supported Ankara’s formally ongoing bid to become a member of the ... more
Poland will skip no touchy topics in talks with President Recep Tayyip Erdogan, visiting Warsaw on October 17, the office of President Andrzej Duda said ahead of the visit by the Turkish leader, ... more