Russia (RUS) and Poland (POL) Trade

2022

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Exports $12.4BRnk 12 / 138

2022

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About

Russia-Poland Trade: In 2022, Russia exported $12.4B to Poland. The main products that Russia exported to Poland were Crude Petroleum ($5.89B), Refined Petroleum ($2.2B), and Petroleum Gas ($691M). Over the past 5 years the exports of Russia to Poland have increased at an annualized rate of 2.11%, from $11.2B in 2017 to $12.4B in 2022.

In 2020, Russia exported services to Poland worth $250M, with Transportation ($85.3M), Travel ($56.7M), and Other business services ($52.8M) being the largest in terms of value.

Poland-Russia Trade: In 2022, Poland exported $4.82B to Russia. The main products that Poland exported to Russia were Packaged Medicaments ($333M), Beauty Products ($105M), and Razor Blades ($89.8M). Over the past 5 years the exports of Poland to Russia have decreased at an annualized rate of 6.8%, from $6.85B in 2017 to $4.82B in 2022.

In 2020, Poland exported services to Russia worth $339M, with Travel ($99.5M), Transportation ($63.7M), and Other business services ($58.6M) being the largest in terms of value.

Comparison: In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.63B and imported $385M from Poland, resulting in a positive trade balance of $1.25B. Between January 2021 and January 2022 the exports of Russia have increased by $769M (89%) from $864M to $1.63B, while imports increased by $71.6M (22.8%) from $313M to $385M.

Trade In January 2022, the top exports of Russia to Poland were Crude Petroleum ($339M), Commodities not elsewhere specified ($193M), Refined Petroleum ($63.1M), Coal Briquettes ($44.8M), and Petroleum Gas ($30.7M). In January 2022 the top imports of Russia from Poland were Computers ($15M), Motor vehicles; parts and accessories (8701... ($12.7M), Washing and Bottling Machines ($8.41M), Baked Goods ($8.11M), and Packaged Medicaments ($7.65M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($884M), REPUBLIC OF TATARSTAN ($194M), KHANTY-MANSIYSK AUTONOMOUS AREA ($77.5M), REPUBLIC OF KHAKASSIA ($52.3M), and VOLOGDA REGION ($47.5M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($154M), MOSCOW REGION ($60.7M), ST. PETERSBURG ($45.2M), KALININGRAD REGION ($16.6M), and KALUGA REGION ($16.2M).

Growth In January 2022, the increase in Russia's year-by-year exports to Poland was explained primarily by an increase in product exports in Commodities not elsewhere specified ($67.8M or 54.2%), Hot-Rolled Iron ($24.5M or 468%), and Refined Petroleum ($11.8M or 22.9%). In January 2022, the increase in Russia's year-by-year imports from Poland was explained primarily by an increase in product imports in Packaged Medicaments ($6.57M or 605%), Dairy Machinery ($5.38M or 4.4k%), and Telephones ($3.1M or 106%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (January 2021 - January 2022)$769M(89%)

IMPORT GROWTH (January 2021 - January 2022)$71.6M(22.8%)

MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$884M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Poland and Russia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $12.4B to Poland. The main products exported from Russia to Poland were Crude Petroleum ($5.89B), Refined Petroleum ($2.2B), and Petroleum Gas ($691M). During the last 5 years the exports of Russia to Poland have increased at an annualized rate of 23,5%, from $23.1M in 2017 to $12.4B in 2022.

In 2017, Poland exported $4.82B to Russia. The main products exported from Poland to Russia were Packaged Medicaments ($333M), Beauty Products ($105M), and Razor Blades ($89.8M). During the last 5 years the exports of Poland to Russia have decreased at an annualized rate of 1,55%, from $704k in 2022 to $4.82B in 2017.

Exports from Russia () to Poland () (2022)

Exports from Poland () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Poland
Top DestinationGermany$93.1B

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

In 2022, countries that imported more from Russia than Poland included China ($101B), India ($40.4B), and Turkey ($25.3B).

In 2022, countries that imported more from Poland than Russia included Germany ($93.1B), Czechia ($22.4B), and United Kingdom ($17.2B).

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

Comparative Advantage Russia - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Poland in the exports of Mineral Products ($9.24B), Chemical Products ($1.05B), and Metals ($863M).

During 2017, Poland had a large net trade with Russia in the exports of Machines ($1.23B), Chemical Products ($1.01B), and Foodstuffs ($479M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Russia Poland+$1.57BCrude Petroleum

Top Product Potential Poland Russia+$192MPackaged Medicaments

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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Bilateral Service Trade

Pol Year

Rus Year

In 2020, Russia exported services to Poland worth $250M, with Transportation ($85.3M), Travel ($56.7M), and Other business services ($52.8M) being the largest in terms of value.

In 2020, Poland exported services to Russia worth $339M, with Travel ($99.5M), Transportation ($63.7M), and Other business services ($58.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Poland () (2020)

Services Exports from Poland () to Russia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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

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