Poland's Exports Surge
Poland is on track to become the EU's third largest food exporter after France and Germany, based on the pace at which food exports have grown since Poland's EU accession in May this year. In May-June, the first two months of Poland's membership, food exports to the EU rose by 77.5%, to EUR514 million, according to a report by the Agriculture Ministry. Poland, which until recently recorded a deficit in food trade, should generate a surplus of over EUR1 billion this year, as exports have far outpaced imports (imports were up 37% on the year in May-June, to EUR388 million). The country's combined food exports to the EU are expected to reach over EUR5 billion this year, representing over three-quarters of its total food exports.