Finland (FIN) and Brunei (BRN) Trade

About

Finland-Brunei: In 2018, Finland exported $3.17M to Brunei. The main products that Finland exported to Brunei are Iron Gas Containers ($1.27M), Valves ($773k), and Light Fixtures ($425k). During the last 23 years the exports of Finland to Brunei have increased at an annualized rate of 5.62%, from $900k in 1995 to $3.17M in 2018.

In 2018, Finland did not exported services to Brunei.

Brunei-Finland: In 2018, Brunei exported $22.4k to Finland . The main products that Brunei exported to Finland were Textile Footwear ($12.9k), Knit Women's Undergarments ($6.44k), and Integrated Circuits ($3.02k). During the last 23 years the exports of Finland to Brunei have increased at an annualized rate of 5.62%, from $900k in 1995 to $3.17M in 2018.

In 2018, Brunei did not exported services to Finland.

Comparison: In 2018, Finland ranked 10 in the Economic Complexity Index (ECI 1.56), and 42 in total exports ($76.8B). That same year, Brunei ranked 104 in total exports ($6.39B), and does not have data regarding Economic Complexity Index.

Product Trade

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Bilateral Trade by Products

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Depth

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In 2018, Finland exported $3.17M to Brunei. The main products exported from Finland to Brunei were Iron Gas Containers ($1.27M), Valves ($773k), and Light Fixtures ($425k). During the last 23 years the exports of Finland to Brunei have increased at an annualized rate of 5.62%, from $900k in 1995 to $3.17M in 2018.

In 2018, Brunei exported $22.4k to Finland. The main products exported from Brunei to Finland were Textile Footwear ($12.9k), Knit Women's Undergarments ($6.44k), and Integrated Circuits ($3.02k). During the last 23 years the exports of Brunei to Finland have decreased at an annualized rate of 0.84%, from $27.2k in 1995 to $22.4k in 2018.

Latest Data

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Date

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Market Competitiveness

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Measure

SectionYear

Finland
Top Destination: Germany, $11.1B

Brunei
Top Destination: Japan, $2.12B

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

In 2018, countries that imported more from Finland than Brunei were Germany ($11.1B), Sweden ($7.46B), and United States ($5.93B).

In 2018, countries that imported more from Brunei than Finland were Thailand ($796M), Japan ($2.12B), and Singapore ($579M).

Comparative Advantage Finland - Brunei

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Depth

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

During 2018, Finland had a large net trade with Brunei in the exports of Metals ($1.27M), Machines ($1.22M), and Miscellaneous ($430k).

During 2018, Brunei had a large net trade with Finland in the exports of Footwear and Headwear ($12.9k), Textiles ($6.44k), and Machines ($3.02k).

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Finland has comparative advantage over Brunei. Similarly, the more red a dot/product is, the more Brunei has comparative advantage over Finland.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Finland - Brunei

Forecasts

Trade Forecasts

Economic Complexity

Competitive Landscape

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