2022
Flag  
GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Poland-South Korea Trade: In 2022, Poland exported $1.04B to South Korea. The main products that Poland exported to South Korea were Precious Metal Scraps ($132M), Non-Iron and Steel Slag, Ash and Residues ($106M), and Laboratory Ceramic Ware ($39.6M). Over the past 5 years the exports of Poland to South Korea have increased at an annualized rate of 10.1%, from $640M in 2017 to $1.04B in 2022.

In 2020, Poland exported services to South Korea worth $268M, with Other business services ($165M), Transportation ($60.7M), and Travel ($32.4M) being the largest in terms of value.

South Korea-Poland Trade: In 2022, South Korea exported $8.19B to Poland. The main products that South Korea exported to Poland were Oxometallic or Peroxometallic Acid Salts ($2.07B), Electric Batteries ($376M), and Integrated Circuits ($301M). Over the past 5 years the exports of South Korea to Poland have increased at an annualized rate of 20%,  from $3.28B in 2017 to $8.19B in 2022.

In 2005, South Korea exported services to Poland worth $95.4M, with Transportation ($74.1M), Other business services ($7.9M), and Services not allocated ($7M) being the largest in terms of value.

Comparison: In 2022,  Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Poland exported $1.04B to South Korea. The main products exported from Poland to South Korea were Precious Metal Scraps ($132M), Non-Iron and Steel Slag, Ash and Residues ($106M), and Laboratory Ceramic Ware ($39.6M). During the last 5 years the exports of Poland to South Korea have increased at an annualized rate of 10.1%, from $640M in 2017 to $1.04B in 2022.

In 2017, South Korea exported $8.19B to Poland. The main products exported from South Korea to Poland were Oxometallic or Peroxometallic Acid Salts ($2.07B), Electric Batteries ($376M), and Integrated Circuits ($301M). During the last 5 years the exports of South Korea to Poland have increased at an annualized rate of 20%, from $3.28B in 2022 to $8.19B in 2017.

Exports from Poland (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Poland (Flag) (2022)

Latest Data

Trade between Poland (Flag) and South Korea (Flag)

Poland Exports

South Korea Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$93.1B
South Korea
Top Destination
China$150B

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

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

In 2022, countries that imported more from South Korea than Poland included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Poland (Flag) (2022)

Comparative Advantage Poland - South Korea

Flow
Scale

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

During 2022, Poland had a large net trade with South Korea in the exports of Machines ($298M), Precious Metals ($132M), and Mineral Products ($109M).

During 2017, South Korea had a large net trade with Poland in the exports of Machines ($2.77B), Chemical Products ($2.36B), and Transportation ($935M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland South Korea+$64.5MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential South Korea Poland+$242MCars

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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Economic Complexity

Competitive Landscape

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

Product Space of Poland (Flag) and South Korea (Flag) (2022)

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