Rep. of Korea

Rep. of Korea

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Poland-Rep. of Korea Bilateral Trade Analysis 2023

Complete trade statistics: $10.94B total volume •Poland deficit: $9.11B

PolandRep. of Korea

$914.43M

Exports (2023)

Rep. of KoreaPoland

$10.02B

Imports (2023)

Trade Balance

$9.11B

Deficit for Poland

Total Trade

$10.94B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Poland and Rep. of Korea. Green line shows exports from Poland, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Poland-Rep. of Korea commercial relationship and competitive positioning in global markets.

PolandRep. of Korea Exports

$914.43M
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
9.2% top product
1Lithium oxide and hydroxide
$84.28M
9.2% of exports
2Waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds
$61.90M
6.8% of exports
3Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
$49.65M
5.4% of exports
4Ceramic wares: for laboratory, chemical or other technical uses, other than articles having a hardness equivalent to 9 or more on the Mohs scale or of porcelain or china
$38.18M
4.2% of exports
5Salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841
$35.14M
3.8% of exports
6Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content, by weight, exceeding 1% but not exceeding 6%
$30.39M
3.3% of exports
7Razors: safety razor blades, including razor blade blanks in strips
$26.57M
2.9% of exports
8Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1
$23.51M
2.6% of exports
9Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale
$21.78M
2.4% of exports
10Electric accumulators: parts n.e.c. in heading no. 8507
$20.69M
2.3% of exports

🎯 Strategic Export Focus

Poland's export portfolio to Rep. of Korea demonstrates strong diversification across multiple sectors, with lithium oxide and hydroxide representing a key competitive advantage in this bilateral market.

Rep. of KoreaPoland Imports

$10.02B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
22.9% concentration
1Salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841
$2.29B
22.9% of imports
2Aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg
$522.48M
5.2% of imports
3Tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles
$430.91M
4.3% of imports
4Electric accumulators: parts n.e.c. in heading no. 8507
$268.13M
2.7% of imports
5Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8471
$239.56M
2.4% of imports
6Units of automatic data processing machines: storage units
$203.28M
2.0% of imports
7Blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions
$167.67M
1.7% of imports
8Tankers
$162.00M
1.6% of imports
9Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
$154.80M
1.5% of imports
10Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
$136.49M
1.4% of imports

📦 Import Strategy Analysis

Poland's import pattern from Rep. of Korea reveals significant dependencyin salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Poland demonstrates competitive strength in exportinglithium oxide and hydroxide to Rep. of Korea, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $10.94B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Poland-Rep. of Korea Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $10.94 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Poland maintains a deficit of $9.11 billion
  • Export Focus: Poland's primary exports include lithium oxide and hydroxide, waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds, electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
  • Import Dependencies: Key imports from Rep. of Korea include salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841, aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg, tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $10.94B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Poland leveraging its comparative advantages in lithium oxide and hydroxide.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Poland's specialization in lithium oxide and hydroxidecomplements Rep. of Korea's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $10.94B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
🔮

Trade Relationship Outlook

The $10.94B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $10.94 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
🏭

Industrial Integration

Trade flows in lithium oxide and hydroxide and salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

Poland's trade deficit of $9.11 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds present expansion opportunities.
Market Diversification
Beyond current focus on salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in lithium oxide and hydroxide may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Poland and Rep. of Korea represents a total trade volume of $10.94 billion in 2023. This partnership demonstrates an unfavorable trade balance for Poland, with imports exceeding exportsby $9.11 billion.

Export Strengths

Poland's exports to Rep. of Korea total $914.43 million, with competitive advantages in lithium oxide and hydroxide, representing $84.28M or9.2% of bilateral exports.

Import Dependencies

Imports from Rep. of Korea amount to $10.02 billion, highlighting economic interdependence in salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841, with Salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841 comprising22.9% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Poland's strategic sourcing from Rep. of Korea. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Poland and Rep. of Korea in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023