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Steel Imports Report: Poland
Background
Poland was the world’s twelfth-largest steel importer in 2017. In 2018, Poland imported 12.0 million metric tons of steel, a 12 percent increase from 10.8 million metric tons in 2017. Poland’s imports in 2017 represented about 3 percent of all steel imported globally, based on available data. The volume of Poland’s steel imports in 2017 was a little more than a third the size of the world’s largest importer, the United States. In value terms, steel represented just 4.2 percent of the total goods imported into Poland in 2018.
Poland imported steel from more than 60 countries and territories in 2018. The 10 countries highlighted in the map below represent the top sources for Poland’s imports of steel, with the Poland receiving more than 300 thousand metric tons from each and together accounting for 77 percent of Poland’s steel imports in 2018.
Since Q2 2005, Poland has maintained a growing trade deficit in steel products. During the global recession in 2008, imports and exports both dropped before eventually recovering. Since 2009, Poland’s annual imports have grown 122 percent through 2018, while exports have grown 49 percent. As imports grew faster than exports, Poland’s steel trade deficit grew 347 percent between 2005 and 2016. In 2018, the trade deficit amounted to – 6.3 million metric tons a 32 percent increase from –4.8 million metric tons in 2017.
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