Tridge summary
Poland's dairy product exports experienced a 3.4% decline in value from January-April 2023, reaching EUR 1.15 billion, as reported by the Ministry of Finance. Despite this decrease, the country's dairy import costs rose by 1.1% to EUR 567 million during the same period. The positive trade balance for dairy products was EUR 586 million, marking an 8% decrease from the previous year. The majority of these exports, accounting for 68% of total revenues, were sold to EU countries, with Germany, the Czech Republic, Romania, and the Netherlands being the main recipients. Non-EU countries contributed 32% to the total export value, led by Algeria, Great Britain, Ukraine, and Saudi Arabia. The exports consisted of a variety of dairy products, with cheese and cottage cheese, liquid milk and cream, SMP and condensed milk, ice cream, butter, and milk fats generating the highest revenues.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to preliminary data from the Ministry of Finance, in the period January-April 2024, the value of shipment of dairy products from Poland amounted to EUR 1.15 billion and was 3.4% lower than in the period January-April 2023. At the same time, PLN 567 million was spent on the import of this product range. EUR, i.e. over 1% more. The positive balance of trade in dairy products in the first four months of 2024 was EUR 586 million, i.e. 8% lower than in the same period of 2023. Sales of dairy products to European Union countries generated 68% of the total revenues obtained from the export of this product range. The main recipients of dairy products on the EU market were: Germany, the Czech Republic, Romania and the Netherlands. The share of non-EU countries in the export of dairy products from Poland was 32%. Revenues obtained from exports amounted to EUR 372 million and were 6% less than in the period January–April 2023. The largest ...
Source: Gospodarz
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