2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%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 12.8%,  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).

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 12.8%, 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 Destination
United States$82.9B
Poland
Top Destination
Germany$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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