Poland (POL) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Poland-Singapore Trade: In 2022, Poland exported $495M to Singapore. The main products that Poland exported to Singapore were Gas Turbines ($44.5M), Video Recording Equipment ($27.4M), and Animal Meal and Pellets ($20.5M). Over the past 5 years the exports of Poland to Singapore have increased at an annualized rate of 10.5%, from $300M in 2017 to $495M in 2022.

In 2020, Poland exported services to Singapore worth $378M, with Other business services ($244M), Computer and information services ($60.7M), and Transportation ($52.2M) being the largest in terms of value.

Singapore-Poland Trade: In 2022, Singapore exported $629M to Poland. The main products that Singapore exported to Poland were Orthopedic Appliances ($144M), Integrated Circuits ($73M), and Gas Turbines ($57.8M). Over the past 5 years the exports of Singapore to Poland have increased at an annualized rate of 1.99%, from $570M in 2017 to $629M in 2022.

In 2022, Singapore did not export any services to Poland.

Comparison: In 2022, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Poland exported $495M to Singapore. The main products exported from Poland to Singapore were Gas Turbines ($44.5M), Video Recording Equipment ($27.4M), and Animal Meal and Pellets ($20.5M). During the last 5 years the exports of Poland to Singapore have increased at an annualized rate of 10.5%, from $300M in 2017 to $495M in 2022.

In 2017, Singapore exported $629M to Poland. The main products exported from Singapore to Poland were Orthopedic Appliances ($144M), Integrated Circuits ($73M), and Gas Turbines ($57.8M). During the last 5 years the exports of Singapore to Poland have increased at an annualized rate of 1.99%, from $570M in 2022 to $629M in 2017.

Exports from Poland () to Singapore () (2022)

Exports from Singapore () to Poland () (2022)

Latest Data

Trade between Poland () and Singapore ()

Poland Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$93.1B

Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Poland than Singapore included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2022, countries that imported more from Singapore than Poland included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Poland - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Poland had a large net trade with Singapore in the exports of Machines ($201M), Textiles ($82M), and Instruments ($40.6M).

During 2017, Singapore had a large net trade with Poland in the exports of Machines ($343M), Instruments ($166M), and Chemical Products ($67.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Singapore+$24.2MGas Turbines

Top Product Potential Singapore Poland+$72.1MIntegrated Circuits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Singapore () (2022)

Exports from Singapore () to Poland () (2022)

Latest Data

Trade between Poland () and Singapore ()

Poland Exports

Singapore Exports

Market Competitiveness

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

Comparative Advantage Poland - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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