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2022
Flag → Flag
Exports $3.17BRnk 35 / 217
2022
Flag → Flag
Top Product $210MGas Turbines
2022
Flag → Flag
Exports $1.49BRnk 34 / 216
2022
Flag → Flag
Top Product $411MCoke
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.99Rnk 28 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH39%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$18,321CURRENT US$
Rnk 57 / 186
2012-2022
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GDP PC GROWTH40.8%CURRENT US$
Rnk 47 / 186

About

India-Poland Trade: In 2022, India exported $3.17B to Poland. The main products that India exported to Poland were Gas Turbines ($210M), Electric Generating Sets ($104M), and Packaged Medicaments ($92.5M). Over the past 5 years the exports of India to Poland have increased at an annualized rate of 10.7%, from $1.91B in 2017 to $3.17B in 2022.

In 2022, India did not export any services to Poland.

Poland-India Trade: In 2022, Poland exported $1.49B to India. The main products that Poland exported to India were Coke ($411M), Gas Turbines ($239M), and Scrap Iron ($107M). Over the past 5 years the exports of Poland to India have increased at an annualized rate of 8.98%,  from $816M in 2017 to $1.49B in 2022.

In 2020, Poland exported services to India worth $155M, with Other business services ($51.2M), Computer and information services ($47.7M), and Transportation ($29.4M) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Latest Trends

June, 2024

About

Overview In June 2024, India exported $213M and imported $113M from Poland, resulting in a positive trade balance of $100M. Between June 2023 and June 2024 the exports of India have increased by $33.7M (18.8%) from $179M to $213M, while imports increased by $4.31M (3.98%) from $109M to $113M.

Trade In June 2024, the top exports of India to Poland were Iron And Steel ($23.1M), Rmg Cotton Incl Accessories ($15.7M), Electric Machinery And Equipme ($10.2M), Drug Formulations, Biologicals ($8.63M), and Products Of Iron And Steel ($8.31M). In June 2024 the top imports of India from Poland were Iron And Steel ($27.6M), Vegetable Oils ($8.35M), Residul Chemicl And Alled Prod ($4.83M), Ship, Boat And Floating Struct ($4.29M), and Othr Rubber Prodct Excpt Footw ($4.05M).

Growth In June 2024, the increase in India's year-by-year exports to Poland was explained primarily by an increase in product exports in Optical Items (Incl.Lens Etc) ($2.47M or 268%), Coffee ($2.34M or 118%), and Residul Chemicl And Alled Prod ($1.98M or 58.3%). In June 2024, the increase in India's year-by-year imports  from Poland was explained primarily by an increase in product imports  in Iron And Steel ($25.2M or 1.05k%), Electronics Components ($1.32M or 178%), and Electric Machinery And Equipme ($930k or 46.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)$33.7M(18.8%)
IMPORT GROWTH (June 2023 - June 2024)$4.31M(3.98%)

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

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

For full datasets download visit Bulk Download page.

Explore Poland and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $3.17B to Poland. The main products exported from India to Poland were Gas Turbines ($210M), Electric Generating Sets ($104M), and Packaged Medicaments ($92.5M). During the last 5 years the exports of India to Poland have increased at an annualized rate of 10.7%, from $1.91B in 2017 to $3.17B in 2022.

In 2017, Poland exported $1.49B to India. The main products exported from Poland to India were Coke ($411M), Gas Turbines ($239M), and Scrap Iron ($107M). During the last 5 years the exports of Poland to India have increased at an annualized rate of 8.98%, from $816M in 2022 to $1.49B in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Poland
Top DestinationGermany$93.1B

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

In 2022, countries that imported more from India than Poland included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

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

Comparative Advantage India - Poland

Flow
Scale

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

During 2022, India had a large net trade with Poland in the exports of Machines ($734M), Textiles ($480M), and Metals ($471M).

During 2017, Poland had a large net trade with India in the exports of Machines ($474M), Mineral Products ($416M), and Metals ($208M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Poland+$127MTelephones
Top Product Potential Poland India+$71.8MGas 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 India worth $155M, with Other business services ($51.2M), Computer and information services ($47.7M), and Transportation ($29.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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