Polish exports to GB up in April first time after Brexit
Polish exports to Great Britain rose in April 2021 for the first time since Brexit, according to an economic think-tank.
"The value of sales of Polish goods on the British market grew by 12 percent year on year in April," the Polish Economic Institute (PIE)reported on Tuesday.
According to PIE, the latest data show that Polish exports to Great Britain are being rebuilt after Brexit despite the fact that the cumulative results for the first four months of the current year are still negative.
In the January-April 2021 period Polish exports to Great Britain fell by 10 percent year on year.
While there has been a slight recovery in exports PIE said imports “continue to shrink because of Brexit” falling April 16 percent, month on month. The value of imported British goods to Poland fell by 25 percent in the first four months of the year compared to 2019.
PIE also wrote that British exports to Poland had gone down by 22.5 percent year on year in April.
The data collected by the Polish Central Statistical Office (GUS) have been confirmed by the British Office for National Statistics (ONS).