2022
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GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
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GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
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GDP PC 
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Poland-Venezuela In 2022, Poland exported $8.37M to Venezuela. The main products that Poland exported to Venezuela are Other Edible Preparations ($1.12M), Sodium or Potassium Peroxides ($807k), and Machinery Having Individual Functions ($651k). During the last 27 years the exports of Poland to Venezuela have decreased at an annualized rate of 1.78%, from $13.6M in 1995 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 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). During the last 27 years the exports of Venezuela to Poland have increased at an annualized rate of 20.2%, from $702k in 1995 to $101M in 2022.

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

Comparison In 2022,  Poland ranked 25 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). That same year, Venezuela ranked 99 in the Economic Complexity Index (ECI -0.9), 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 27 years the exports of Poland to Venezuela have decreased at an annualized rate of 1.78%, from $13.6M in 1995 to $8.37M in 2022.

In 2022, 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 27 years the exports of Venezuela to Poland have increased at an annualized rate of 20.2%, from $702k in 1995 to $101M in 2022.

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 Destination
Germany$93.1B
Venezuela
Top Destination
China$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 2021, countries that imported more from Poland than Venezuela were Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2021, countries that imported more from Venezuela than Poland were 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 2022, Venezuela had a large net trade with Poland in the exports of Metals ($79.4M), Mineral Products ($16.4M), and Chemical Products ($4.35M).

Service Trade

Bilateral Service Trade

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

Service trade data is presented based on availability.

Services Exports from Poland (Flag) to Venezuela (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Poland has comparative advantage over Venezuela. Similarly, the more yellow a dot/product is, the more Venezuela has comparative advantage over Poland.

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

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