2023
Flag  
GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC 
$22,057CURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Poland-South Korea Trade: In 2023, Poland exported $914M to South Korea. The main products that Poland exported to South Korea were Inorganic Salts ($84.3M), Electric Batteries ($70.9M), and Precious Metal Scraps ($61.9M). Over the past 5 years the exports of Poland to South Korea have increased at an annualized rate of 3.9%, from $755M in 2018 to $914M in 2023.

In 2020, Poland exported services to South Korea worth $268M, with Other business services ($165M), Transportation ($60.7M), and Travel ($32.4M) being the largest in terms of value.

South Korea-Poland Trade: In 2023, South Korea exported $10B to Poland. The main products that South Korea exported to Poland were Oxometallic or Peroxometallic Acid Salts ($2.29B), Cars ($540M), and Planes, Helicopters, and/or Spacecraft ($522M). Over the past 5 years the exports of South Korea to Poland have increased at an annualized rate of 9.55%,  from $4.83B in 2018 to $10B in 2023.

In 2005, South Korea exported services to Poland worth $95.4M, with Transportation ($74.1M), Other business services ($7.9M), and Services not allocated ($7M) being the largest in terms of value.

Comparison: In 2023,  Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Poland exported $914M to South Korea. The main products exported from Poland to South Korea were Inorganic Salts ($84.3M), Electric Batteries ($70.9M), and Precious Metal Scraps ($61.9M). During the last 5 years the exports of Poland to South Korea have increased at an annualized rate of 3.9%, from $755M in 2018 to $914M in 2023.

In 2018, South Korea exported $10B to Poland. The main products exported from South Korea to Poland were Oxometallic or Peroxometallic Acid Salts ($2.29B), Cars ($540M), and Planes, Helicopters, and/or Spacecraft ($522M). During the last 5 years the exports of South Korea to Poland have increased at an annualized rate of 9.55%, from $4.83B in 2023 to $10B in 2018.

Exports from Poland (Flag) to South Korea (Flag) (2023)

Exports from South Korea (Flag) to Poland (Flag) (2023)

Latest Data

Trade between Poland (Flag) and South Korea (Flag)

Poland Exports

South Korea Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$84B
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Poland than South Korea included Germany ($84B), Czechia ($19.3B), and United Kingdom ($19.4B).

In 2023, countries that imported more from South Korea than Poland included China ($162B), United States ($118B), and Hong Kong ($28.8B).

Difference in imports from South Korea (Flag) and Poland (Flag) (2023)

Comparative Advantage Poland - South Korea

Flow
Scale

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

During 2023, Poland had a large net trade with South Korea in the exports of Machines ($264M), Chemical Products ($220M), and Precious Metals ($62.2M).

During 2018, South Korea had a large net trade with Poland in the exports of Machines ($2.85B), Chemical Products ($2.81B), and Transportation ($1.94B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland South Korea+$64.5MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential South Korea Poland+$242MCars

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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Economic Complexity

Competitive Landscape

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

Product Space of Poland (Flag) and South Korea (Flag) (2023)

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