Poland (POL) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

About

Poland-Vietnam Trade: In 2023, Poland exported $569M to Vietnam. The main products that Poland exported to Vietnam were Gas Turbines ($105M), Planes, Helicopters, and/or Spacecraft ($61.1M), and Poultry Meat ($45.8M). Over the past 5 years the exports of Poland to Vietnam have increased at an annualized rate of 11.9%, from $325M in 2018 to $569M in 2023.

In 2023, Poland did not export any services to Vietnam.

Vietnam-Poland Trade: In 2023, Vietnam exported $3.68B to Poland. The main products that Vietnam exported to Poland were Leather Footwear ($333M), Textile Footwear ($320M), and Broadcasting Equipment ($317M). Over the past 5 years the exports of Vietnam to Poland have increased at an annualized rate of 3.64%, from $2.86B in 2018 to $3.68B in 2023.

In 2023, Vietnam did not export any services to Poland.

Comparison: In 2023, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Poland exported $569M to Vietnam. The main products exported from Poland to Vietnam were Gas Turbines ($105M), Planes, Helicopters, and/or Spacecraft ($61.1M), and Poultry Meat ($45.8M). During the last 5 years the exports of Poland to Vietnam have increased at an annualized rate of 11.9%, from $325M in 2018 to $569M in 2023.

In 2018, Vietnam exported $3.68B to Poland. The main products exported from Vietnam to Poland were Leather Footwear ($333M), Textile Footwear ($320M), and Broadcasting Equipment ($317M). During the last 5 years the exports of Vietnam to Poland have increased at an annualized rate of 3.64%, from $2.86B in 2023 to $3.68B in 2018.

Exports from Poland () to Vietnam () (2023)

Exports from Vietnam () to Poland () (2023)

Latest Data

Trade between Poland () and Vietnam ()

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$84B

Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Poland than Vietnam included Germany ($84B), Czechia ($19.3B), and France ($19.1B).

In 2023, countries that imported more from Vietnam than Poland included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

Comparative Advantage Poland - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Poland had a large net trade with Vietnam in the exports of Machines ($204M), Animal Products ($154M), and Transportation ($62.5M).

During 2018, Vietnam had a large net trade with Poland in the exports of Machines ($1.24B), Footwear and Headwear ($837M), and Textiles ($476M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Vietnam+$18.9MComputers

Top Product Potential Vietnam Poland+$201MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Vietnam () (2023)

Exports from Vietnam () to Poland () (2023)

Latest Data

Trade between Poland () and Vietnam ()

Poland Exports

Market Competitiveness

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

Comparative Advantage Poland - Vietnam

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Poland () and Vietnam () (2023)

Keep Exploring