2022
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GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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GDP PC 
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%CURRENT US$
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2022
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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

China-Finland Trade: In 2022, China exported $7.16B to Finland. The main products that China exported to Finland were Broadcasting Equipment ($469M), Passenger and Cargo Ships ($452M), and Computers ($401M). Over the past 5 years the exports of China to Finland have increased at an annualized rate of 10.4%, from $4.37B in 2017 to $7.16B in 2022.

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

Finland-China Trade: In 2022, Finland exported $4.94B to China. The main products that Finland exported to China were Sulfate Chemical Woodpulp ($1.13B), Nickel Mattes ($522M), and Nickel Ore ($287M). Over the past 5 years the exports of Finland to China have increased at an annualized rate of 5.99%,  from $3.69B in 2017 to $4.94B in 2022.

In 2020, Finland exported services to China worth $916M, with Computer and information services ($556M), Other business services ($234M), and Transportation ($102M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $7.16B to Finland. The main products exported from China to Finland were Broadcasting Equipment ($469M), Passenger and Cargo Ships ($452M), and Computers ($401M). During the last 5 years the exports of China to Finland have increased at an annualized rate of 10.4%, from $4.37B in 2017 to $7.16B in 2022.

In 2017, Finland exported $4.94B to China. The main products exported from Finland to China were Sulfate Chemical Woodpulp ($1.13B), Nickel Mattes ($522M), and Nickel Ore ($287M). During the last 5 years the exports of Finland to China have increased at an annualized rate of 5.99%, from $3.69B in 2022 to $4.94B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from China than Finland included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Finland than China included Estonia ($3.58B), Greenland ($3.98M), and Saint Martin ($2.51M).

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

Comparative Advantage China - Finland

Flow
Scale

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

During 2022, China had a large net trade with Finland in the exports of Machines ($3.51B), Transportation ($662M), and Textiles ($630M).

During 2017, Finland had a large net trade with China in the exports of Paper Goods ($1.25B), Machines ($1.2B), and Metals ($891M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Finland+$236MTelephones
Top Product Potential Finland China+$121MIntegrated Circuits

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, Finland exported services to China worth $916M, with Computer and information services ($556M), Other business services ($234M), and Transportation ($102M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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