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Rep. of Korea-Poland Bilateral Trade Analysis 2023

Complete trade statistics: $10.94B total volume •Rep. of Korea surplus: $9.11B

Rep. of Korea → Poland

$10.02B

Exports (2023)

Poland → Rep. of Korea

$914.43M

Imports (2023)

Trade Balance

$9.11B

Surplus for Rep. of Korea

Total Trade

$10.94B

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

Rep. of Korea → Poland Exports

$10.02B

2023 Total

Export Market Intelligence

Product Diversity:

Highly Diversified

Market Share:

22.9% top product

1Salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841

$2.29B

22.9% of exports

2Aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg

$522.48M

5.2% of exports

3Tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles

$430.91M

4.3% of exports

4Electric accumulators: parts n.e.c. in heading no. 8507

$268.13M

2.7% of exports

5Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8471

$239.56M

2.4% of exports

6Units of automatic data processing machines: storage units

$203.28M

2.0% of exports

7Blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions

$167.67M

1.7% of exports

8Tankers

$162.00M

1.6% of exports

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 exports

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 exports

🎯 Strategic Export Focus

Rep. of Korea's export portfolio to Poland demonstrates strong diversification across multiple sectors, with salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841 representing a key competitive advantage in this bilateral market.

Poland → Rep. of Korea Imports

$914.43M

2023 Total

Import Dependency Profile

Supply Diversity:

Well Diversified

Critical Imports:

9.2% concentration

1Lithium oxide and hydroxide

$84.28M

9.2% of imports

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 imports

3Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)

$49.65M

5.4% of imports

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 imports

5Salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841

$35.14M

3.8% of imports

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 imports

7Razors: safety razor blades, including razor blade blanks in strips

$26.57M

2.9% of imports

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 imports

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 imports

10Electric accumulators: parts n.e.c. in heading no. 8507

$20.69M

2.3% of imports

📦 Import Strategy Analysis

Rep. of Korea's import pattern from Poland reveals significant dependencyin lithium oxide and hydroxide, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Rep. of Korea demonstrates competitive strength in exportingsalts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841 to Poland, 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: Rep. of Korea-Poland Trade Relationship

Key Trade Highlights 2023

Total Trade Volume: $10.94 billionrepresenting a significant bilateral economic relationship
Trade Balance: Rep. of Korea maintains a surplus of $9.11 billion
Export Focus: Rep. of Korea's primary exports 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
Import Dependencies: Key imports from Poland 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)

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 Rep. of Korea leveraging its comparative advantages in salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841.

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

Comparative Advantage

Rep. of Korea's specialization in salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841complements Poland's demand patterns, creating natural trade synergies.

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in lithium oxide and hydroxide.

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

Supply Chain Integration: Diversified

⚖️

Trade Balance Effects

Rep. of Korea's trade surplus of $9.11 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors

Technology transfer and innovation cooperation in aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg present expansion opportunities.

Market Diversification

Beyond current focus on lithium oxide and hydroxide, 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 salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841 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 Rep. of Korea and Poland represents a total trade volume of $10.94 billion in 2023. This partnership demonstrates a favorable trade balance for Rep. of Korea, with exports exceeding importsby $9.11 billion.

Export Strengths

Rep. of Korea's exports to Poland total $10.02 billion, with competitive advantages in salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841, representing $2.29B or22.9% of bilateral exports.

Import Dependencies

Imports from Poland amount to $914.43 million, highlighting economic interdependence in lithium oxide and hydroxide, with Lithium oxide and hydroxide comprising9.2% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Rep. of Korea's competitive position in this bilateral relationship. 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 Rep. of Korea and Poland in multiple formats.

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