Egypt (EGY) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Egypt-Finland Trade: In 2022, Egypt exported $90.3M to Finland. The main products that Egypt exported to Finland were Petroleum Gas ($30.6M), Carbon ($10.3M), and Ammonia ($6.59M). Over the past 5 years the exports of Egypt to Finland have increased at an annualized rate of 23.6%, from $31.4M in 2017 to $90.3M in 2022.

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

Finland-Egypt Trade: In 2022, Finland exported $592M to Egypt. The main products that Finland exported to Egypt were Sawn Wood ($264M), Sulfate Chemical Woodpulp ($56.7M), and Kaolin Coated Paper ($53.6M). Over the past 5 years the exports of Finland to Egypt have increased at an annualized rate of 3.78%, from $491M in 2017 to $592M in 2022.

In 2020, Finland exported services to Egypt worth $13.7M, with Transportation ($5.71M), Royalties and license fees ($5.71M), and Other business services ($2.28M) being the largest in terms of value.

Comparison: In 2022, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Egypt exported $90.3M to Finland. The main products exported from Egypt to Finland were Petroleum Gas ($30.6M), Carbon ($10.3M), and Ammonia ($6.59M). During the last 5 years the exports of Egypt to Finland have increased at an annualized rate of 23.6%, from $31.4M in 2017 to $90.3M in 2022.

In 2017, Finland exported $592M to Egypt. The main products exported from Finland to Egypt were Sawn Wood ($264M), Sulfate Chemical Woodpulp ($56.7M), and Kaolin Coated Paper ($53.6M). During the last 5 years the exports of Finland to Egypt have increased at an annualized rate of 3.78%, from $491M in 2022 to $592M in 2017.

Exports from Egypt () to Finland () (2022)

Exports from Finland () to Egypt () (2022)

Latest Data

Trade between Egypt () and Finland ()

Egypt Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationTurkey$4.23B

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Egypt than Finland included Turkey ($4.23B), Saudi Arabia ($2.35B), and United Arab Emirates ($2.36B).

In 2022, countries that imported more from Finland than Egypt included Sweden ($9.1B), Germany ($9.99B), and United States ($9.17B).

Difference in imports from Finland () and Egypt () (2022)

Comparative Advantage Egypt - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Egypt had a large net trade with Finland in the exports of Mineral Products ($34M), Chemical Products ($21.6M), and Vegetable Products ($10.4M).

During 2017, Finland had a large net trade with Egypt in the exports of Wood Products ($284M), Paper Goods ($185M), and Machines ($73.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Finland+$24.3MPetroleum Gas

Top Product Potential Finland Egypt+$7.99MKaolin Coated Paper

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

Fin Year

In 2020, Finland exported services to Egypt worth $13.7M, with Transportation ($5.71M), Royalties and license fees ($5.71M), and Other business services ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Egypt () to Finland () (2022)

Exports from Finland () to Egypt () (2022)

Latest Data

Trade between Egypt () and Finland ()

Egypt Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Egypt () (2022)

Comparative Advantage Egypt - Finland

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Finland () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Egypt () and Finland () (2022)

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