Polish companies exported goods worth nearly zł.553 billion while the import was worth zł.588 billion, Central Statistical Office reported.
According to the report, between January and November 2012 year-over-year, export and import increased by 8.1 percent and 3.2 percent respectively. "Polish foreign trade will still be increasing in 2013, however at the beginning of the year, the import will fall because of less demand", Piotr Bujak of Nordea Bank told WBJ. "Polish export will be positive", he added. The debit balance of Polish trade decreased by zł.24 billion - from zł.58 billion in 2011 to zl.34 billion in 2012.
The country's biggest trade partner Germany marked a slight drop in import by 0.9 percent to 25.3 percent, and 1.1 percent to 21.3 percent in import. Mr Bujak explained that Polish export is strongly depended on German export, since Germany re-exports goods previously imported from Poland.
Among Polish crucial export partners the trade rose with Czech Republic, France, Germany, the Netherlands, Russia, Slovakia, Sweden, the UK and Ukraine. Poland also imported more goods from China, Czech Republic, Republic of Korea, the Netherlands, Russia and the United States.
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