2022
Exports
$53.5MWorld Rnk 11 / 200
Flag Rnk 528 / 1213
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$119MWorld Rnk 7 / 219
Flag Rnk 460 / 1214
2022
ECONOMIC COMPLEXITY of Poland
0.99Rnk 28 / 133

About

Exports In 2022, Poland exported $53.5M in Wrenches, making it the 11th largest exporter of Wrenches in the world. At the same year, Wrenches was the 528th most exported product in Poland. The main destination of Wrenches exports from Poland are: Germany ($21M), Czechia ($3.76M), Romania ($3.58M), Austria ($2.4M), and Belarus ($1.89M).

The fastest growing export markets for Wrenches of Poland between 2021 and 2022 were Belarus ($594k), Latvia ($395k), and Slovakia ($268k).

Imports In 2022, Poland imported $119M in Wrenches, becoming the 7th largest importer of Wrenches in the world. At the same year, Wrenches was the 460th most imported product in Poland. Poland imports Wrenches primarily from: China ($42.1M), Germany ($34.1M), Chinese Taipei ($18.9M), India ($7.49M), and Netherlands ($3.61M).

The fastest growing import markets in Wrenches for Poland between 2021 and 2022 were China ($4.61M), Chinese Taipei ($2.36M), and India ($1.59M).

COMPANIES In 2023, leading companies such as IKEA Group (14) were at the forefront of shipping Wrenches from Poland to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wrenches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$53.5M
IMPORTS (2022)$119M
NET TRADE (2022)-$65.3M

In 2022, Poland exported $53.5M in Wrenches. The main destinations of Poland exports on Wrenches were Germany ($21M), Czechia ($3.76M), Romania ($3.58M), Austria ($2.4M), and Belarus ($1.89M).

In 2022, Poland imported $119M in Wrenches, mainly from China ($42.1M), Germany ($34.1M), Chinese Taipei ($18.9M), India ($7.49M), and Netherlands ($3.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Poland WERE (2021 - 2022):
Belarus$594k (45.9%)
Latvia$395k (37.2%)
Slovakia$268k (24.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Poland WERE (2021 - 2022):
Germany-$6.88M (-24.7%)
Romania-$1.27M (-26.2%)
Austria-$858k (-26.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Poland's main exporting competitors in Wrenches were:
In 2022, Poland's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.5M
TOP IMPORT POTENTIALIndia+ $2.15M

Wrenches’s highest export potential is United States. With an export gap of $1.5M.   Wrenches’s highest import potential is India with an import gap of $2.15M.

See methodology.

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