Spain (ESP) and Poland (POL) Trade

2022

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Exports $8.78BRnk 10 / 218

2022

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About

Spain-Poland Trade: In 2022, Spain exported $8.78B to Poland. The main products that Spain exported to Poland were Cars ($573M), Motor vehicles; parts and accessories (8701 to 8705) ($504M), and Non-Knit Women's Suits ($322M). Over the past 5 years the exports of Spain to Poland have increased at an annualized rate of 7.66%, from $6.07B in 2017 to $8.78B in 2022.

In 2009, Spain exported services to Poland worth $1.02B, with Services not allocated ($602M), Travel ($318M), and Transportation ($104M) being the largest in terms of value.

Poland-Spain Trade: In 2022, Poland exported $9.01B to Spain. The main products that Poland exported to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($790M), Video Displays ($517M), and Rolled Tobacco ($477M). Over the past 5 years the exports of Poland to Spain have increased at an annualized rate of 7.76%, from $6.2B in 2017 to $9.01B in 2022.

In 2020, Poland exported services to Spain worth $630M, with Transportation ($279M), Other business services ($193M), and Computer and information services ($53.8M) being the largest in terms of value.

Comparison: In 2022, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Latest Trends

July, 2024

About

Overview In July 2024, Spain exported €777M and imported €697M from Poland, resulting in a positive trade balance of €80M. Between July 2023 and July 2024 the exports of Spain have increased by €77.7M (11.1%) from €699M to €777M, while imports increased by €8.84M (1.28%) from €688M to €697M.

Trade In July 2024, the top exports of Spain to Poland were Cars (€52.5M), Motor vehicles; parts and accessories (8701... (€47.4M), Citrus (€24.8M), Non-Knit Women's Suits (€23.7M), and Pig Meat (€21.5M). In July 2024 the top imports of Spain from Poland were Motor vehicles; parts and accessories (8701... (€66.2M), Rolled Tobacco (€57.9M), Video Displays (€35M), Cars (€29.5M), and Centrifuges (€24.8M).

Origins In July 2024 the exports of Spain were mainly from Barcelona (€180M), A Coruña (€116M), Madrid (€61.4M), Zaragoza (€36M), and Valencia (€33.4M), while imports destinations were mainly Barcelona (€162M), Madrid (€122M), Valencia (€40.5M), Zaragoza (€34.7M), and Valladolid (€34.4M).

Growth In July 2024, the increase in Spain's year-by-year exports to Poland was explained primarily by an increase in product exports in Motor vehicles; parts and accessories (8701... (€12.3M or 35.1%), Cars (€8.21M or 18.5%), and Packaged Medicaments (€4.83M or 77.2%). In July 2024, the increase in Spain's year-by-year imports from Poland was explained primarily by an increase in product imports in Rolled Tobacco (€17.9M or 44.9%), Buses (€15.6M or 487%), and Motor vehicles; parts and accessories (8701... (€14.4M or 27.7%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (July 2023 - July 2024)€77.7M(11.1%)

IMPORT GROWTH (July 2023 - July 2024)€8.84M(1.28%)

MAIN EXPORTER (July 2024)Barcelona€180M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Poland and Spain trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Spain exported $8.78B to Poland. The main products exported from Spain to Poland were Cars ($573M), Motor vehicles; parts and accessories (8701 to 8705) ($504M), and Non-Knit Women's Suits ($322M). During the last 5 years the exports of Spain to Poland have increased at an annualized rate of 7.66%, from $6.07B in 2017 to $8.78B in 2022.

In 2017, Poland exported $9.01B to Spain. The main products exported from Poland to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($790M), Video Displays ($517M), and Rolled Tobacco ($477M). During the last 5 years the exports of Poland to Spain have increased at an annualized rate of 7.76%, from $6.2B in 2022 to $9.01B in 2017.

Exports from Spain () to Poland () (2022)

Exports from Poland () to Spain () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Spain
Top DestinationFrance$65.2B

Poland
Top DestinationGermany$93.1B

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

In 2022, countries that imported more from Spain than Poland included France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2022, countries that imported more from Poland than Spain included Germany ($93.1B), Czechia ($22.4B), and Ukraine ($9.07B).

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

Comparative Advantage Spain - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Spain had a large net trade with Poland in the exports of Textiles ($1.27B), Transportation ($1.19B), and Machines ($1.15B).

During 2017, Poland had a large net trade with Spain in the exports of Machines ($2.66B), Transportation ($1.5B), and Foodstuffs ($904M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Spain Poland+$265MCars

Top Product Potential Poland Spain+$178MMotor vehicles; parts and accessories (8701 to 8705)

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

Esp Year

In 2009, Spain exported services to Poland worth $1.02B, with Services not allocated ($602M), Travel ($318M), and Transportation ($104M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain () to Poland () (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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

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