Poland Balance of Trade
Poland's international trade turnover has expanded by about tenfold since the beginning of the previous decade. Processed fruit and vegetables, meat, dairy goods, electromechanical devices, automobiles, aircraft, and vessels are among the products exported by Poland. The majority of Poland's imports are capital goods, such as machinery and transport equipment, chemicals, minerals, fuels, and lubricants, which are required for industrial retooling and manufacturing inputs. Accounting for approximately 79% of exports and 64% of imports, the European Union is the country's greatest trading partner.
A higher than expected figure should be seen as positive (bullish) for the PLN while a lower than expected figure should be seen as negative (bearish) for the PLN.
Forex Sentiment (PLN)
News (PLN)
Polish Economy Expands 4.9% In 2022
The Polish economy expanded during the year 2022 amid a solid increase in domestic demand and investments, though at a slower pace compared to the previous year, flash data from Statistics Poland showed on Monday. Gross domestic product advanced 4.9 percent in 2022 versus a 6.8 percent rise in 2021.
RTTNews | 452 days ago
