2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Finland-Algeria Trade: In 2023, Finland exported $166M to Algeria. The main products that Finland exported to Algeria were Sawn Wood ($94.1M), Uncoated Paper ($23.7M), and Kaolin Coated Paper ($15.1M). Over the past 5 years the exports of Finland to Algeria have decreased at an annualized rate of 4.33%, from $207M in 2018 to $166M in 2023.

In 2023, Finland did not export any services to Algeria.

Algeria-Finland Trade: In 2023, Algeria exported $30.2M to Finland. The main products that Algeria exported to Finland were Petroleum Gas ($30M), Nitrogenous Fertilizers ($124k), and Hydrogen ($11k). Over the past 5 years the exports of Algeria to Finland have increased at an annualized rate of 146%,  from $336k in 2018 to $30.2M in 2023.

In 2023, Algeria did not export any services to Finland.

Comparison: In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $166M to Algeria. The main products exported from Finland to Algeria were Sawn Wood ($94.1M), Uncoated Paper ($23.7M), and Kaolin Coated Paper ($15.1M). During the last 5 years the exports of Finland to Algeria have decreased at an annualized rate of 4.33%, from $207M in 2018 to $166M in 2023.

In 2018, Algeria exported $30.2M to Finland. The main products exported from Algeria to Finland were Petroleum Gas ($30M), Nitrogenous Fertilizers ($124k), and Hydrogen ($11k). During the last 5 years the exports of Algeria to Finland have increased at an annualized rate of 146%, from $336k in 2023 to $30.2M in 2018.

Exports from Finland (Flag) to Algeria (Flag) (2023)

Exports from Algeria (Flag) to Finland (Flag) (2023)

Latest Data

Trade between Finland (Flag) and Algeria (Flag)

Finland Exports

Algeria Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Algeria
Top Destination
Italy$15.2B

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

In 2023, countries that imported more from Finland than Algeria included Sweden ($8.13B), Germany ($9.26B), and United States ($9.68B).

In 2023, countries that imported more from Algeria than Finland included Italy ($15.2B), Spain ($6.73B), and France ($7.29B).

Difference in imports from Algeria (Flag) and Finland (Flag) (2023)

Comparative Advantage Finland - Algeria

Flow
Scale

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

During 2023, Finland had a large net trade with Algeria in the exports of Wood Products ($94.1M), Paper Goods ($49.8M), and Machines ($15.5M).

During 2018, Algeria had a large net trade with Finland in the exports of Mineral Products ($30M), Chemical Products ($138k), and Vegetable Products ($7.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Algeria+$4.46MKaolin Coated Paper
Top Product Potential Algeria Finland+$2.06MNitrogenous Fertilizers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Algeria (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with