Singapore (SGP) and Poland (POL) Trade | The Observatory of Economic Complexity

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Singapore-Poland Trade: In 2023, Singapore exported $591M to Poland. The main products that Singapore exported to Poland were Orthopedic Appliances ($139M), Integrated Circuits ($69.9M), and Gas Turbines ($48.6M). Over the past 5 years the exports of Singapore to Poland have increased at an annualized rate of 2.87%, from $513M in 2018 to $591M in 2023.

In 2023, Singapore did not export any services to Poland.

Poland-Singapore Trade: In 2023, Poland exported $569M to Singapore. The main products that Poland exported to Singapore were Gas Turbines ($132M), Air Pumps ($27.4M), and Video Recording Equipment ($24.1M). Over the past 5 years the exports of Poland to Singapore have increased at an annualized rate of 3.78%, from $473M in 2018 to $569M in 2023.

In 2020, Poland exported services to Singapore worth $378M, with Other business services ($244M), Computer and information services ($60.7M), and Transportation ($52.2M) being the largest in terms of value.

Comparison: In 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Singapore exported $591M to Poland. The main products exported from Singapore to Poland were Orthopedic Appliances ($139M), Integrated Circuits ($69.9M), and Gas Turbines ($48.6M). During the last 5 years the exports of Singapore to Poland have increased at an annualized rate of 2.87%, from $513M in 2018 to $591M in 2023.

In 2018, Poland exported $569M to Singapore. The main products exported from Poland to Singapore were Gas Turbines ($132M), Air Pumps ($27.4M), and Video Recording Equipment ($24.1M). During the last 5 years the exports of Poland to Singapore have increased at an annualized rate of 3.78%, from $473M in 2023 to $569M in 2018.

Exports from Singapore () to Poland () (2023)

Exports from Poland () to Singapore () (2023)

Latest Data

Trade between Singapore () and Poland ()

Singapore Exports

Date

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

Poland
Top DestinationGermany$84B

This map shows whether countries import more from Singapore or Poland. Each country is colored based on the difference in imports they receive from Singapore and Poland or the difference in the growth in imports.

In 2023, countries that imported more from Singapore than Poland included Hong Kong ($44.5B), China ($36.7B), and Malaysia ($31.4B).

In 2023, countries that imported more from Poland than Singapore included Germany ($84B), Czechia ($19.3B), and France ($19.1B).

Difference in imports from Poland () and Singapore () (2023)

Comparative Advantage Singapore - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Singapore and Poland by product, considering products traded by both, Singapore and Poland.

During 2023, Singapore had a large net trade with Poland in the exports of Machines ($303M), Instruments ($164M), and Chemical Products ($75.4M).

During 2018, Poland had a large net trade with Singapore in the exports of Machines ($339M), Instruments ($45M), and Foodstuffs ($36.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Poland+$72.1MIntegrated Circuits

Top Product Potential Poland Singapore+$24.2MGas Turbines

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Pol Year

In 2020, Poland exported services to Singapore worth $378M, with Other business services ($244M), Computer and information services ($60.7M), and Transportation ($52.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Poland () to Singapore () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Singapore and Poland. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Poland. Similarly, a dot/product with the flag of Poland indicates it has a comparative advantage over Singapore.

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Poland () (2023)

Exports from Poland () to Singapore () (2023)

Latest Data

Trade between Singapore () and Poland ()

Singapore Exports

Poland Exports

Market Competitiveness

Difference in imports from Poland () and Singapore () (2023)

Comparative Advantage Singapore - Poland

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Poland () to Singapore () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Singapore () and Poland () (2023)

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