Venezuela (VEN) and Poland (POL) Trade | The Observatory of Economic Complexity

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Venezuela-Poland Trade: In 2022, Venezuela exported $101M to Poland. The main products that Venezuela exported to Poland were Raw Aluminium ($79.4M), Coal Briquettes ($16.4M), and Acyclic Alcohols ($4.34M). Over the past 5 years the exports of Venezuela to Poland have increased at an annualized rate of 31.4%, from $25.6M in 2017 to $101M in 2022.

In 2022, Venezuela did not export any services to Poland.

Poland-Venezuela Trade: In 2022, Poland exported $8.37M to Venezuela. The main products that Poland exported to Venezuela were Other Edible Preparations ($1.12M), Sodium or Potassium Peroxides ($807k), and Machinery Having Individual Functions ($651k). Over the past 5 years the exports of Poland to Venezuela have decreased at an annualized rate of 18.8%, from $23.7M in 2017 to $8.37M in 2022.

In 2020, Poland exported services to Venezuela worth $228k, with Other business services ($228k) being the largest in terms of value.

Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Venezuela exported $101M to Poland. The main products exported from Venezuela to Poland were Raw Aluminium ($79.4M), Coal Briquettes ($16.4M), and Acyclic Alcohols ($4.34M). During the last 5 years the exports of Venezuela to Poland have increased at an annualized rate of 31.4%, from $25.6M in 2017 to $101M in 2022.

In 2017, Poland exported $8.37M to Venezuela. The main products exported from Poland to Venezuela were Other Edible Preparations ($1.12M), Sodium or Potassium Peroxides ($807k), and Machinery Having Individual Functions ($651k). During the last 5 years the exports of Poland to Venezuela have decreased at an annualized rate of 18.8%, from $23.7M in 2022 to $8.37M in 2017.

Exports from Venezuela () to Poland () (2022)

Exports from Poland () to Venezuela () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Poland
Top DestinationGermany$93.1B

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

In 2022, countries that imported more from Venezuela than Poland included Lebanon ($150M), Guatemala ($84.5M), and Guyana ($28.9M).

In 2022, countries that imported more from Poland than Venezuela included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

Difference in imports from Poland () and Venezuela () (2022)

Comparative Advantage Venezuela - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Venezuela had a large net trade with Poland in the exports of Metals ($79.4M), Mineral Products ($16.4M), and Chemical Products ($4.35M).

During 2017, Poland had a large net trade with Venezuela in the exports of Foodstuffs ($1.6M), Chemical Products ($1.47M), and Plastics and Rubbers ($826k).

Potential Exports

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Bilateral Service Trade

Pol Year

In 2020, Poland exported services to Venezuela worth $228k, with Other business services ($228k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Poland () (2022)

Exports from Poland () to Venezuela () (2022)

Market Competitiveness

Difference in imports from Poland () and Venezuela () (2022)

Comparative Advantage Venezuela - Poland

Potential Exports

Potential Exports

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Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Poland () (2022)

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