Poland records increase in share of services in foreign trade balance in Q1 2025 - c. bank
In the first quarter of 2025, there was an increase in the share of services in Poland's foreign trade, Poland's central bank NBP wrote in an overview on its full balance of payments for the period.
"In line with general trends observed in the global economy, the value of services trade grew faster than goods trade. This was reflected in a further increase in the share of services in Poland's foreign trade," Poland's central bank reported.
"In the first quarter of 2025, the share of services in exports increased to 23.7 percent (up by 0.6 percentage points year on year) and in imports to 15.7 percent (up by 0.2 percentage points)," it added.
This is the highest share of services given the results in the first quarters (at the beginning of the year, the share of services is usually lower than in other quarters).
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