2022
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GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
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

Germany-Finland Trade: In 2022, Germany exported $11.7B to Finland. The main products that Germany exported to Finland were Cars ($994M), Motor vehicles; parts and accessories (8701 to 8705) ($561M), and Scrap Iron ($550M). Over the past 5 years the exports of Germany to Finland have increased at an annualized rate of 20.1%, from $4.69B in 2017 to $11.7B in 2022.

In 2020, Germany exported services to Finland worth $1.11B, with Other business services ($442M), Transportation ($307M), and Computer and information services ($230M) being the largest in terms of value.

Finland-Germany Trade: In 2022, Finland exported $9.28B to Germany. The main products that Finland exported to Germany were Cars ($1.75B), Large Flat-Rolled Stainless Steel ($966M), and Kaolin Coated Paper ($828M). Over the past 5 years the exports of Finland to Germany have increased at an annualized rate of 11.7%,  from $5.34B in 2017 to $9.28B in 2022.

In 2020, Finland exported services to Germany worth $1.69B, with Computer and information services ($588M), Other business services ($517M), and Transportation ($288M) being the largest in terms of value.

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported $11.7B to Finland. The main products exported from Germany to Finland were Cars ($994M), Motor vehicles; parts and accessories (8701 to 8705) ($561M), and Scrap Iron ($550M). During the last 5 years the exports of Germany to Finland have increased at an annualized rate of 20.1%, from $4.69B in 2017 to $11.7B in 2022.

In 2017, Finland exported $9.28B to Germany. The main products exported from Finland to Germany were Cars ($1.75B), Large Flat-Rolled Stainless Steel ($966M), and Kaolin Coated Paper ($828M). During the last 22 years the exports of Finland to Germany have increased at an annualized rate of 11.7%, from $5.34B in 1995 to $9.28B in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Germany than Finland included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Finland than Germany included Estonia ($3.58B), Antigua and Barbuda ($50M), and Kiribati ($778k).

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

Comparative Advantage Germany - Finland

Flow
Scale

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

During 2022, Germany had a large net trade with Finland in the exports of Machines ($3.81B), Transportation ($2.03B), and Metals ($1.9B).

During 2017, Finland had a large net trade with Germany in the exports of Metals ($2.36B), Transportation ($2.02B), and Machines ($1.73B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Finland+$142MCars
Top Product Potential Finland Germany+$164MRefined Petroleum

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, Germany exported services to Finland worth $1.11B, with Other business services ($442M), Transportation ($307M), and Computer and information services ($230M) being the largest in terms of value.

In 2020, Finland exported services to Germany worth $1.69B, with Computer and information services ($588M), Other business services ($517M), and Transportation ($288M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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