Trade Balance in Poland

Poland's trade balance records the value of goods traded between Polish residents and the rest of the world over a period, measured as the difference between exports and imports. It reflects the country's external trade activity.

It is calculated as the difference between the value of exports and imports recorded in foreign-trade statistics. A positive balance is a trade surplus and a negative one a deficit. It is usually reported in euros or zlotys.

The external balance is a component of GDP, so its path feeds into growth, and it signals the competitiveness of the Polish economy abroad. A persistent deterioration can weigh on the zloty and on the external accounts.

The figures are not final: each release tends to revise earlier periods and the data arrive with a lag. The series is also volatile, sensitive to energy prices and to one-off large transactions.