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2022
Flag → Flag
Exports $629MRnk 44 / 215
2022
Flag → Flag
Top Product $144MOrthopedic Appliances
2022
Flag → Flag
Exports $495MRnk 49 / 216
2022
Flag → Flag
Top Product $44.5MGas Turbines
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.99Rnk 28 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH39%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH40.8%CURRENT US$
Rnk 47 / 186

About

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.

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 2.99%,  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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $629M in 2022.

In 2017, 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 2.99%, from $300M in 2022 to $495M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Poland (Flag)

Singapore Exports

Poland Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Poland
Top DestinationGermany$93.1B

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

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

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

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

Comparative Advantage Singapore - Poland

Flow
Scale

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

During 2022, Singapore had a large net trade with Poland in the exports of Machines ($343M), Instruments ($166M), and Chemical Products ($67.2M).

During 2017, Poland had a large net trade with Singapore in the exports of Machines ($201M), Textiles ($82M), and Instruments ($40.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Poland+$72.1MIntegrated Circuits
Top Product Potential Poland Singapore+$24.2MGas Turbines

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

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.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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