2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Finland-Argentina Trade: In 2022, Finland exported $458M to Argentina. The main products that Finland exported to Argentina were Refined Petroleum ($324M), Nucleic Acids ($14.2M), and Electric Generating Sets ($11.1M). Over the past 5 years the exports of Finland to Argentina have increased at an annualized rate of 17.4%, from $205M in 2017 to $458M in 2022.

In 2020, Finland exported services to Argentina worth $20.6M, with Computer and information services ($18.3M), Transportation ($1.14M), and Other business services ($1.14M) being the largest in terms of value.

Argentina-Finland Trade: In 2022, Argentina exported $15.9M to Finland. The main products that Argentina exported to Finland were Horse Meat ($2.93M), Wine ($2.87M), and Ground Nuts ($2.24M). Over the past 5 years the exports of Argentina to Finland have decreased at an annualized rate of 31.4%,  from $104M in 2017 to $15.9M in 2022.

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

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $458M to Argentina. The main products exported from Finland to Argentina were Refined Petroleum ($324M), Nucleic Acids ($14.2M), and Electric Generating Sets ($11.1M). During the last 5 years the exports of Finland to Argentina have increased at an annualized rate of 17.4%, from $205M in 2017 to $458M in 2022.

In 2017, Argentina exported $15.9M to Finland. The main products exported from Argentina to Finland were Horse Meat ($2.93M), Wine ($2.87M), and Ground Nuts ($2.24M). During the last 5 years the exports of Argentina to Finland have decreased at an annualized rate of 31.4%, from $104M in 2022 to $15.9M in 2017.

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

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

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Argentina
Top Destination
Brazil$12.6B

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

In 2022, countries that imported more from Finland than Argentina included Germany ($9.99B), Sweden ($9.1B), and Estonia ($3.58B).

In 2022, countries that imported more from Argentina than Finland included Brazil ($12.6B), Chile ($5.11B), and China ($8B).

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

Comparative Advantage Finland - Argentina

Flow
Scale

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

During 2022, Finland had a large net trade with Argentina in the exports of Mineral Products ($324M), Machines ($49.5M), and Chemical Products ($33.5M).

During 2017, Argentina had a large net trade with Finland in the exports of Animal Products ($4.4M), Vegetable Products ($3.97M), and Foodstuffs ($3.03M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Argentina+$4.79MKaolin Coated Paper
Top Product Potential Argentina Finland+$1.67MWine

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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Economic Complexity

Competitive Landscape

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

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

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