Poland recorded a trade deficit of EUR 449 million in September of 2018 compared to a EUR 430 million surplus in the corresponding month of the previous year. Imports surged 5.4 percent to EUR 18,132 million and exports rose only 0.3 percent to EUR 17,683 million. Considering the January to September period of 2018, the country registered a trade gap of EUR 2,876 million compared to a EUR 2,451 million surplus in the same period of 2017. Purchases grew at a faster 10.1 percent to EUR 212,726 million while sales advanced 7.3 percent to EUR 209,850 million. Balance of Trade in Poland averaged -592.13 EUR Million from 2000 until 2018, reaching an all time high of 783 EUR Million in June of 2016 and a record low of -2263 EUR Million in December of 2008.
Balance of Trade in Poland is expected to be 500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Poland to stand at -480.00 in 12 months time. In the long-term, the Poland Balance of Trade is projected to trend around 300.00 EUR Million in 2020, according to our econometric models.