Spain (ESP) and Poland (POL) Trade

2023

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Exports $8.41BRnk 13 / 220

2023

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About

Spain-Poland Trade: In 2023, Spain exported $8.41B to Poland. The main products that Spain exported to Poland were Cars ($862M), Motor vehicles; parts and accessories (8701 to 8705) ($692M), and Pig Meat ($342M). Over the past 5 years the exports of Spain to Poland have increased at an annualized rate of 5.91%, from $6.31B in 2018 to $8.41B in 2023.

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 2023, Poland exported $9.25B to Spain. The main products that Poland exported to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($915M), Rolled Tobacco ($724M), and Cars ($445M). Over the past 5 years the exports of Poland to Spain have increased at an annualized rate of 7.07%, from $6.57B in 2018 to $9.25B in 2023.

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 2023, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €872M and imported €682M from Poland, resulting in a positive trade balance of €190M. Between November 2023 and November 2024 the exports of Spain have decreased by €-107M (-11%) from €979M to €872M, while imports decreased by €-44.4M (-6.12%) from €726M to €682M.

Trade In November 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 November 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 November 2024 the exports of Spain were mainly from Barcelona (€177M), A Coruña (€147M), Madrid (€81.1M), Girona (€35.6M), and Zaragoza (€34.3M), while imports destinations were mainly Barcelona (€148M), Madrid (€124M), Zaragoza (€59.8M), Valladolid (€35.4M), and Toledo (€33.7M).

Growth In November 2024, the decrease in Spain's year-by-year exports to Poland was explained primarily by an decrease in product exports in Raw Zinc (€-13.6M or -96.9%), Coated Flat-Rolled Iron (€-4.63M or -93%), and Other Cast Iron Products (€-3.52M or -54.4%). In November 2024, the decrease in Spain's year-by-year imports from Poland was explained primarily by an decrease in product imports in Coke (€-18.8M or -74.5%), Electric Batteries (€-3.2M or -57.5%), and Video Displays (€-2.8M or -7.42%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (November 2023 - November 2024)€-107M(-11%)

IMPORT GROWTH (November 2023 - November 2024)€-44.4M(-6.12%)

MAIN EXPORTER (November 2024)Barcelona€177M

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 2023, Spain exported $8.41B to Poland. The main products exported from Spain to Poland were Cars ($862M), Motor vehicles; parts and accessories (8701 to 8705) ($692M), and Pig Meat ($342M). During the last 5 years the exports of Spain to Poland have increased at an annualized rate of 5.91%, from $6.31B in 2018 to $8.41B in 2023.

In 2018, Poland exported $9.25B to Spain. The main products exported from Poland to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($915M), Rolled Tobacco ($724M), and Cars ($445M). During the last 5 years the exports of Poland to Spain have increased at an annualized rate of 7.07%, from $6.57B in 2023 to $9.25B in 2018.

Exports from Spain () to Poland () (2023)

Exports from Poland () to Spain () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Spain
Top DestinationFrance$61.9B

Poland
Top DestinationGermany$84B

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 2023, countries that imported more from Spain than Poland included France ($61.9B), Portugal ($38.1B), and Italy ($34.7B).

In 2023, countries that imported more from Poland than Spain included Germany ($84B), Czechia ($19.3B), and Ukraine ($8.54B).

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

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 2023, Spain had a large net trade with Poland in the exports of Transportation ($1.75B), Machines ($1.19B), and Chemical Products ($910M).

During 2018, Poland had a large net trade with Spain in the exports of Machines ($2.16B), Transportation ($1.95B), and Foodstuffs ($1.17B).

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 () (2023)

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