2022
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GDP
$1.68TCURRENT US$
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2012-2022
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GDP GROWTH
8.3%CURRENT US$
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2022
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 GDP
$281BCURRENT US$
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GDP GROWTH
8.73%CURRENT US$
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GDP PC 
$64,491CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.23%CURRENT US$
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Australia-Finland In 2022, Australia exported $511M to Finland. The main products that Australia exported to Finland are Coal Briquettes ($215M), Copper Ore ($167M), and Precious Metal Ore ($73.7M). During the last 27 years the exports of Australia to Finland have increased at an annualized rate of 2.17%, from $286M in 1995 to $511M in 2022.

In 2022, Australia did not export any services to Finland.

Finland-Australia In 2022, Finland exported $971M to Australia. The main products that Finland exported to Australia were Other Construction Vehicles ($122M), Large Construction Vehicles ($101M), and Delivery Trucks ($90.6M). During the last 27 years the exports of Finland to Australia have increased at an annualized rate of 2.06%, from $559M in 1995 to $971M in 2022.

In 2020, Finland exported services to Australia worth $306M, with Computer and information services ($215M), Other business services ($42.3M), and Royalties and license fees ($28.6M) being the largest in terms of value.

Comparison In 2022,  Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B). That same year, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $511M to Finland. The main products exported from Australia to Finland were Coal Briquettes ($215M), Copper Ore ($167M), and Precious Metal Ore ($73.7M). During the last 27 years the exports of Australia to Finland have increased at an annualized rate of 2.17%, from $286M in 1995 to $511M in 2022.

In 2022, Finland exported $971M to Australia. The main products exported from Finland to Australia were Other Construction Vehicles ($122M), Large Construction Vehicles ($101M), and Delivery Trucks ($90.6M). During the last 27 years the exports of Finland to Australia have increased at an annualized rate of 2.06%, from $559M in 1995 to $971M in 2022.

Exports from Australia (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Finland (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Finland
Top Destination
Germany$9.99B

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

In 2021, countries that imported more from Australia than Finland were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from Finland than Australia were Sweden ($9.1B), Germany ($9.99B), and Estonia ($3.58B).

Difference in imports from Finland (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Finland

Flow
Scale

This chart compares trade between Australia and Finland by product, considering products traded by both, Australia and Finland.

During 2022, Australia had a large net trade with Finland in the exports of Mineral Products ($462M), Machines ($14.8M), and Foodstuffs ($9.12M).

During 2022, Finland had a large net trade with Australia in the exports of Machines ($432M), Transportation ($181M), and Paper Goods ($83.9M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to Australia worth $306M, with Computer and information services ($215M), Other business services ($42.3M), and Royalties and license fees ($28.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (Flag) to Australia (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Australia.

Product Space of Australia (Flag) and Finland (Flag) (2022)

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