Finland (FIN) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Finland-Australia In 2022, Finland exported $971M to Australia. The main products that Finland exported to Australia are 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.

Australia-Finland In 2022, Australia exported $511M to Finland. The main products that Australia exported 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, Australia did not export any services to Finland.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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.

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.

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

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

Latest Data

Trade between Finland () and Australia ()

Finland Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Australia
Top DestinationChina$123B

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

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

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

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

Comparative Advantage Finland - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

Service Trade

Bilateral Service Trade

Fin Year

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 () to Australia () (2020)

Economic Complexity

Competitive Landscape

Year

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 Finland has comparative advantage over Australia. Similarly, the more yellow a dot/product is, the more Australia has comparative advantage over Finland.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Finland () and Australia ()

Finland Exports

Australia Exports

Market Competitiveness

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

Comparative Advantage Finland - Australia

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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