Poland counts on retaining last year's 6% exports growth in 2014

By bne IntelliNews January 13, 2014

Poland's exports increased by 6% in 2013 and the government intends to retain this dynamics also in 2014, according to vice-premier and minister of economy Janusz Piechocinski.
He added that in order to support exports, the government will strengthen its diplomatic efforts e.g. in Africa. He also expects a rise of trading volumes with Asian countries, such as South Korea or Japan.
In the ten months of 2013, exports increased by 6.0% y/y to EUR 127.49bn, while imports inched up by 0.1% to EUR 128.65bn (in the entire 2012, they were up by 3.8% and down by 0.6%, respectively), according to earlier-presented data of national stats office GUS.
The ministry of economy recently upgraded its forecast of 2013 exports value to EUR 151.4bn (from EYR 150.6bn expected earlier) vs. EUR 143.5bn reported in 2012. It also expects imports to grow to EUR 154.8bn (vs. earlier expected EUR 155.6bn) from EUR 154.0bn in 2012.

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