Poland2020 Economic Complexity : 1.03, Rank 24 of 127
2020 Product Exports | Imports: $261B | $269B, 21 of 226 | 19 of 226
2020 Per Capita Product Exports | Imports: $6.88k | $7.1k, 27 of 219 | 30 of 219
2020 Service Exports | Imports : $51B | $35.6B, 14 of 65 | 17 of 65
Overview In 2020, Poland was the number 21 economy in the world in terms of GDP (current US$), the number 21 in total exports, the number 19 in total imports, the number 62 economy in terms of GDP per capita (current US$) and the number 24 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Poland are Motor vehicles; parts and accessories (8701 to 8705) ($12.4B), Seats ($5.69B), Other Furniture ($5.61B), Cars ($5.42B), and Electric Batteries ($5.29B), exporting mostly to Germany ($73.1B), United Kingdom ($15.1B), Czechia ($15.1B), France ($14.7B), and Netherlands ($11.3B).
In 2020, Poland was the world's biggest exporter of Rolled Tobacco ($4.14B), Coke ($1.39B), Razor Blades ($862M), Metal Stoppers ($739M), and Candles ($620M)
Imports The top imports of Poland are Cars ($9.58B), Motor vehicles; parts and accessories (8701 to 8705) ($7.88B), Crude Petroleum ($6.36B), Packaged Medicaments ($5.2B), and Broadcasting Equipment ($4.98B), importing mostly from Germany ($67.9B), China ($31.8B), Italy ($14.4B), Netherlands ($14.4B), and Czechia ($11.7B).
In 2020, Poland was the world's biggest importer of Inorganic Compounds ($817M), Oxometallic or Peroxometallic Acid Salts ($653M), Compounded Unvulcanised Rubber ($455M), Roofing Tiles ($81.1M), and Scrap Tin ($18.4M)
Location Poland borders Belarus, Czechia, Germany, Lithuania, Russia, Slovakia, and Ukraine by land and Denmark and Sweden by sea.
The following section uses the most recent trade data from partners of Poland.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Top Export (2020): Motor vehicles; parts and accessories (8701 to 8705), $12.4B
Top Destination (2020): Germany, $67.9B
In 2020, Poland exported a total of $261B, making it the number 21 exporter in the world. During the last five reported years the exports of Poland have changed by $64.4B from $196B in 2015 to $261B in 2020.
The most recent exports are led by Motor vehicles; parts and accessories (8701 to 8705) ($12.4B), Seats ($5.69B), Other Furniture ($5.61B), Cars ($5.42B), and Electric Batteries ($5.29B). The most common destination for the exports of Poland are Germany ($73.1B), United Kingdom ($15.1B), Czechia ($15.1B), France ($14.7B), and Netherlands ($11.3B).
Poland Exports Services (2020): $51B
Poland Imports Services (2020): $35.6B
In 2020, Poland exported $51B worth of services. The top services exported by Poland in 2020 were Other transport ($16.4B), Miscellaneous business, professional, and technical services ($16.2B), Personal travel ($4.74B), Business travel ($3.48B), and Construction abroad ($1.66B).
The top services imported by Poland in 2020 were Miscellaneous business, professional, and technical services ($11.9B), Other transport ($5.05B), Personal travel ($3.73B), Sea transport ($2.33B), and Other royalties and license fees ($2.04B).
Poland has a high level of specialization in Coke (15.6), Razor Blades (13.3), Newspapers (12.4), Candles (11.8), and Rolled Tobacco (11.2). Specialization is measured using RCA, an index that takes the ratio between Poland observed and expected exports in each product.
The highest complexity exports of Poland according to the product complexity index (PCI) are Self-Propelled Rail Transport (1.78), Wrenches (1.64), Metal Pickling Preparations (1.61), Polyamides (1.58), and Papermaking Machines (1.51). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Poland according to the relatedness index, are Bovine (0.47), Fuel Wood (0.47), Electricity (0.47), Veneer Sheets (0.47), and Processed Cereals (0.47). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Poland is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
During the last 20 years Poland's economy has become relatively more complex, moving from the 30th to the 24th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
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