Poland KOWR: Good results in the foreign trade of the dairy industry in 2020

Published 2021년 2월 3일

Tridge summary

In 2020, despite global milk market downturns due to the pandemic, Poland's dairy industry experienced similar revenues to 2019, with over EUR 2.1 billion in dairy product exports from January to November. The value of imports was nearly EUR 1 billion, leading to a positive trade balance of over EUR 1.1 billion. The majority of exports, 67%, were to the EU, although exports to the Commonwealth of Independent States and non-EU and CIS countries increased significantly. Cheese and cottage cheese were the dominant exports, accounting for 35% of the total.

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Original content

"In Poland, in the period of eleven months of 2020, despite the downturn in the global milk market, mainly as a result of restrictions related to the spread of the coronavirus pandemic, revenues from the export of dairy products obtained by the domestic dairy industry were at a level similar to that recorded in a very good 2019 ", the report reads. According to preliminary data of the Ministry of Finance, in the period January-November 2020 the value of exported Polish dairy products amounted to over EUR 2.1 billion (PLN 9.5 billion). At the same time, the value of import of this assortment amounted to nearly EUR 1 billion (PLN 4.4 billion), by 1 percent. less than a year earlier. The positive balance of trade in dairy products in the eleven months of 2020 was at the level of over EUR 1.1 billion (PLN 5.1 billion), by 1 percent. higher than last year. Traditionally, dairy products from Poland were exported mainly to the EU. In the period January-November 2020, the share of these ...

Source: Portalspozywczy