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2022
Flag → Flag
Exports $335MRnk 36 / 207
2022
Flag → Flag
Top Product $26.2MOther Uncoated Paper
2022
Flag → Flag
Exports $94.2MRnk 53 / 185
2022
Flag → Flag
Top Product $24.6MInedible Fats and Oils
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Finland-Chile Trade: In 2022, Finland exported $335M to Chile. The main products that Finland exported to Chile were Other Uncoated Paper ($26.2M), Kraft Paper ($24M), and Mixed Mineral or Chemical Fertilizers ($17.7M). Over the past 5 years the exports of Finland to Chile have increased at an annualized rate of 3.72%, from $279M in 2017 to $335M in 2022.

In 2020, Finland exported services to Chile worth $112M, with Other business services ($73.1M), Computer and information services ($35.4M), and Transportation ($2.28M) being the largest in terms of value.

Chile-Finland Trade: In 2022, Chile exported $94.2M to Finland. The main products that Chile exported to Finland were Inedible Fats and Oils ($24.6M), Copper Ore ($22.1M), and Wine ($17.6M). Over the past 5 years the exports of Chile to Finland have decreased at an annualized rate of 8.58%,  from $253M in 2017 to $94.2M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $335M to Chile. The main products exported from Finland to Chile were Other Uncoated Paper ($26.2M), Kraft Paper ($24M), and Mixed Mineral or Chemical Fertilizers ($17.7M). During the last 5 years the exports of Finland to Chile have increased at an annualized rate of 3.72%, from $279M in 2017 to $335M in 2022.

In 2017, Chile exported $94.2M to Finland. The main products exported from Chile to Finland were Inedible Fats and Oils ($24.6M), Copper Ore ($22.1M), and Wine ($17.6M). During the last 5 years the exports of Chile to Finland have decreased at an annualized rate of 8.58%, from $253M in 2022 to $94.2M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Chile (Flag)

Finland Exports

Chile Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Finland than Chile included Sweden ($9.1B), Germany ($9.99B), and Netherlands ($5.88B).

In 2022, countries that imported more from Chile than Finland included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

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

Comparative Advantage Finland - Chile

Flow
Scale

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

During 2022, Finland had a large net trade with Chile in the exports of Machines ($156M), Paper Goods ($71.1M), and Chemical Products ($29.4M).

During 2017, Chile had a large net trade with Finland in the exports of Mineral Products ($37.4M), Animal and Vegetable Bi-Products ($24.6M), and Foodstuffs ($19.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Chile+$5.46MDelivery Trucks
Top Product Potential Chile Finland+$15.9MCopper Ore

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 Chile. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Finland.

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

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