2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
70.8%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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2022
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GDP PC
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
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GDP PC GROWTH
40.4%CURRENT US$
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About

Finland-Egypt Trade: In 2022, Finland exported $592M to Egypt. The main products that Finland exported to Egypt were Sawn Wood ($264M), Sulfate Chemical Woodpulp ($56.7M), and Kaolin Coated Paper ($53.6M). Over the past 5 years the exports of Finland to Egypt have increased at an annualized rate of 3.78%, from $491M in 2017 to $592M in 2022.

In 2020, Finland exported services to Egypt worth $13.7M, with Transportation ($5.71M), Royalties and license fees ($5.71M), and Other business services ($2.28M) being the largest in terms of value.

Egypt-Finland Trade: In 2022, Egypt exported $90.3M to Finland. The main products that Egypt exported to Finland were Petroleum Gas ($30.6M), Carbon ($10.3M), and Ammonia ($6.59M). Over the past 5 years the exports of Egypt to Finland have increased at an annualized rate of 23.6%,  from $31.4M in 2017 to $90.3M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $592M to Egypt. The main products exported from Finland to Egypt were Sawn Wood ($264M), Sulfate Chemical Woodpulp ($56.7M), and Kaolin Coated Paper ($53.6M). During the last 5 years the exports of Finland to Egypt have increased at an annualized rate of 3.78%, from $491M in 2017 to $592M in 2022.

In 2017, Egypt exported $90.3M to Finland. The main products exported from Egypt to Finland were Petroleum Gas ($30.6M), Carbon ($10.3M), and Ammonia ($6.59M). During the last 5 years the exports of Egypt to Finland have increased at an annualized rate of 23.6%, from $31.4M in 2022 to $90.3M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Egypt (Flag)

Finland Exports

Egypt Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Finland than Egypt included Sweden ($9.1B), Germany ($9.99B), and United States ($9.17B).

In 2022, countries that imported more from Egypt than Finland included Turkey ($4.23B), Saudi Arabia ($2.35B), and United Arab Emirates ($2.36B).

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

Comparative Advantage Finland - Egypt

Flow
Scale

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

During 2022, Finland had a large net trade with Egypt in the exports of Wood Products ($284M), Paper Goods ($185M), and Machines ($73.1M).

During 2017, Egypt had a large net trade with Finland in the exports of Mineral Products ($34M), Chemical Products ($21.6M), and Vegetable Products ($10.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Egypt+$7.99MKaolin Coated Paper
Top Product Potential Egypt Finland+$24.3MPetroleum Gas

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

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

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