Results of Belarussian-Polish economic co-operation in 2006

The 2006 results have confirmed positive development trends in trade and economic co-operation between Poland and Belarus. Turnover between the two countries last year increased by 26.1 per cent and reached the value of $1.8 billion. It is significant that this growth was balanced: Polish exports went up by 32.1 per cent (up to $765 million), and Belarussian ones by 21.9 per cent (up to $1 billion). It follows from statistical data that Polish-Belarussian trade turnover in commodities increased 3.6 times during the past four years.

Turnover in services amounted in 2006 to $592.2 million, that is 15.5 per cent more than one year earlier. During the past four years bilateral turnover in services went up by 1.5 times (up from $389.4 million in 2002).

Overall, trade turnover between Poland and Belarus in 2006 reached $2.4 billion, and was 23.3 per cent higher than in 2005 and 2.7 times higher than four years ago.

A major increase is also observed in Polish investments in Belarus. These went up from $32.7 million in 2005 to $61.4 million in 2006. That is an almost 15-fold increase over 2002 (up from $4.1 million).