2023
Exports
$16MWorld Rnk 22 / 99
Flag Rnk 733 / 1215
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2023
Imports
$24.9MWorld Rnk 27 / 142
Flag Rnk 765 / 1213
2023
ECONOMIC COMPLEXITY of Poland
1.09Rnk 24 / 132

About

Exports In 2023, Poland exported $16M in Iron Reductions, making it the 22nd largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 733rd most exported product in Poland. The main destination of Iron Reductions exports from Poland are: Germany ($13.4M), Denmark ($1.05M), Netherlands ($1.03M), Lithuania ($250k), and Spain ($130k).

The fastest growing export markets for Iron Reductions of Poland between 2022 and 2023 were Lithuania ($189k), Austria ($19.1k), and Spain ($15.6k).

Imports In 2023, Poland imported $24.9M in Iron Reductions, becoming the 27th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 765th most imported product in Poland. Poland imports Iron Reductions primarily from: Russia ($23.2M), France ($1.11M), Italy ($224k), Denmark ($142k), and Norway ($120k).

The fastest growing import markets in Iron Reductions for Poland between 2022 and 2023 were Denmark ($118k), Norway ($107k), and Greece ($22.7k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Reductions. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16M
IMPORTS (2023)$24.9M
NET TRADE (2023)-$8.94M

In 2023, Poland exported $16M in Iron Reductions. The main destinations of Poland exports on Iron Reductions were Germany ($13.4M), Denmark ($1.05M), Netherlands ($1.03M), Lithuania ($250k), and Spain ($130k).

In 2023, Poland imported $24.9M in Iron Reductions, mainly from Russia ($23.2M), France ($1.11M), Italy ($224k), Denmark ($142k), and Norway ($120k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Poland WERE (2022 - 2023):
Lithuania$189k (315%)
Austria$19.1k (8.75k%)
Spain$15.6k (13.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Poland WERE (2022 - 2023):
Germany-$10.8M (-44.7%)
Denmark-$367k (-25.9%)
Netherlands-$262k (-20.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Poland's main exporting competitors in Iron Reductions were:
In 2023, Poland's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $354k
TOP IMPORT POTENTIALRussia+ $7.3M

Iron Reductions’s highest export potential is Netherlands. With an export gap of $354k.   Iron Reductions’s highest import potential is Russia with an import gap of $7.3M.

See methodology.

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