Venezuela (VEN) and Poland (POL) Trade | The Observatory of Economic Complexity

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Venezuela-Poland Trade: In 2023, Venezuela exported $32.5M to Poland. The main products that Venezuela exported to Poland were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($20.5M), Coal Briquettes ($11.1M), and Video Displays ($215k). Over the past 5 years the exports of Venezuela to Poland have increased at an annualized rate of 4.1%, from $26.6M in 2018 to $32.5M in 2023.

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

Poland-Venezuela Trade: In 2023, Poland exported $6.53M to Venezuela. The main products that Poland exported to Venezuela were Other Edible Preparations ($1.41M), Starches ($841k), and Orthopedic Appliances ($593k). Over the past 5 years the exports of Poland to Venezuela have increased at an annualized rate of 22.7%, from $2.35M in 2018 to $6.53M in 2023.

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

Comparison: In 2023, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B). That same year, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Venezuela exported $32.5M to Poland. The main products exported from Venezuela to Poland were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($20.5M), Coal Briquettes ($11.1M), and Video Displays ($215k). During the last 5 years the exports of Venezuela to Poland have increased at an annualized rate of 4.1%, from $26.6M in 2018 to $32.5M in 2023.

In 2018, Poland exported $6.53M to Venezuela. The main products exported from Poland to Venezuela were Other Edible Preparations ($1.41M), Starches ($841k), and Orthopedic Appliances ($593k). During the last 5 years the exports of Poland to Venezuela have increased at an annualized rate of 22.7%, from $2.35M in 2023 to $6.53M in 2018.

Exports from Venezuela () to Poland () (2023)

Exports from Poland () to Venezuela () (2023)

Latest Data

Trade between Venezuela () and Poland ()

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationUnited States$3.81B

Poland
Top DestinationGermany$84B

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

In 2023, countries that imported more from Venezuela than Poland included Dominica ($10.5M), Guatemala ($50.2M), and Grenada ($214k).

In 2023, countries that imported more from Poland than Venezuela included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

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

Comparative Advantage Venezuela - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Venezuela had a large net trade with Poland in the exports of Chemical Products ($20.5M), Mineral Products ($11.1M), and Foodstuffs ($299k).

During 2018, Poland had a large net trade with Venezuela in the exports of Foodstuffs ($1.7M), Instruments ($1M), and Chemical Products ($882k).

Bilateral Service Trade

Pol Year

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 () to Venezuela () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Poland () (2023)

Exports from Poland () to Venezuela () (2023)

Latest Data

Trade between Venezuela () and Poland ()

Poland Exports

Market Competitiveness

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

Comparative Advantage Venezuela - Poland

Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

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

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