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2022
Flag → Flag
Exports $8.37MRnk 160 / 216
2022
Flag → Flag
Top Product $1.12MOther Edible Preparations
2022
Flag → Flag
Exports $101MRnk 9 / 126
2022
Flag → Flag
Top Product $79.4MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 0.99Rnk 28 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$688BCURRENT US$
Rnk 21 / 186
2012-2022
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GDP GROWTH39%CURRENT US$
Rnk 85 / 186
2022
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GDP PC $18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH40.8%CURRENT US$
Rnk 47 / 186

About

Poland-Venezuela Trade: In 2022, Poland exported $8.37M to Venezuela. The main products that Poland exported to Venezuela were Other Edible Preparations ($1.12M), Sodium or Potassium Peroxides ($807k), and Machinery Having Individual Functions ($651k). Over the past 5 years the exports of Poland to Venezuela have decreased at an annualized rate of 18.8%, from $23.7M in 2017 to $8.37M in 2022.

In 2020, Poland exported services to Venezuela worth $228k, with Other business services ($228k) being the largest in terms of value.

Venezuela-Poland Trade: In 2022, Venezuela exported $101M to Poland. The main products that Venezuela exported to Poland were Raw Aluminium ($79.4M), Coal Briquettes ($16.4M), and Acyclic Alcohols ($4.34M). Over the past 5 years the exports of Venezuela to Poland have increased at an annualized rate of 25.6%,  from $25.6M in 2017 to $101M in 2022.

In 2022, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Poland exported $8.37M to Venezuela. The main products exported from Poland to Venezuela were Other Edible Preparations ($1.12M), Sodium or Potassium Peroxides ($807k), and Machinery Having Individual Functions ($651k). During the last 5 years the exports of Poland to Venezuela have decreased at an annualized rate of 18.8%, from $23.7M in 2017 to $8.37M in 2022.

In 2017, Venezuela exported $101M to Poland. The main products exported from Venezuela to Poland were Raw Aluminium ($79.4M), Coal Briquettes ($16.4M), and Acyclic Alcohols ($4.34M). During the last 5 years the exports of Venezuela to Poland have increased at an annualized rate of 25.6%, from $25.6M in 2022 to $101M in 2017.

Exports from Poland (Flag) to Venezuela (Flag) (2022)

Exports from Venezuela (Flag) to Poland (Flag) (2022)

Latest Data

Trade between Poland (Flag) and Venezuela (Flag)

Poland Exports

Market Competitiveness

Color
Poland
Top DestinationGermany$93.1B
Venezuela
Top DestinationChina$703M

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

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

In 2022, countries that imported more from Venezuela than Poland included Lebanon ($150M), Guatemala ($84.5M), and Guyana ($28.9M).

Difference in imports from Venezuela (Flag) and Poland (Flag) (2022)

Comparative Advantage Poland - Venezuela

Flow
Scale

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

During 2022, Poland had a large net trade with Venezuela in the exports of Foodstuffs ($1.6M), Chemical Products ($1.47M), and Plastics and Rubbers ($826k).

During 2017, Venezuela had a large net trade with Poland in the exports of Metals ($79.4M), Mineral Products ($16.4M), and Chemical Products ($4.35M).

Economic Complexity

Competitive Landscape

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

Product Space of Poland (Flag) and Venezuela (Flag) (2022)

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