2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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GDP PC 
$50,537CURRENT US$
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GDP PC GROWTH
5.93%CURRENT US$
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Finland-Spain In 2022, Finland exported $1.46B to Spain. The main products that Finland exported to Spain are Kaolin Coated Paper ($149M), Kraft Paper ($94.4M), and Other Uncoated Paper ($71.6M). During the last 27 years the exports of Finland to Spain have increased at an annualized rate of 1.34%, from $1.02B in 1995 to $1.46B in 2022.

In 2020, Finland exported services to Spain worth $401M, with Computer and information services ($163M), Royalties and license fees ($93.7M), and Other business services ($70.8M) being the largest in terms of value.

Spain-Finland In 2022, Spain exported $1.71B to Finland. The main products that Spain exported to Finland were Cars ($146M), Iron Structures ($89.6M), and Zinc Ore ($80.2M). During the last 27 years the exports of Spain to Finland have increased at an annualized rate of 5.68%, from $386M in 1995 to $1.71B in 2022.

In 2009, Spain exported services to Finland worth $1.5B, with Services not allocated ($876M) and Travel ($622M) being the largest in terms of value.

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $1.46B to Spain. The main products exported from Finland to Spain were Kaolin Coated Paper ($149M), Kraft Paper ($94.4M), and Other Uncoated Paper ($71.6M). During the last 27 years the exports of Finland to Spain have increased at an annualized rate of 1.34%, from $1.02B in 1995 to $1.46B in 2022.

In 2022, Spain exported $1.71B to Finland. The main products exported from Spain to Finland were Cars ($146M), Iron Structures ($89.6M), and Zinc Ore ($80.2M). During the last 27 years the exports of Spain to Finland have increased at an annualized rate of 5.68%, from $386M in 1995 to $1.71B in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Spain (Flag)

Finland Exports

Spain Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Spain
Top Destination
France$65.2B

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

In 2021, countries that imported more from Finland than Spain were Sweden ($9.1B), Estonia ($3.58B), and Russia ($2.14B).

In 2021, countries that imported more from Spain than Finland were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

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

Comparative Advantage Finland - Spain

Flow
Scale

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

During 2022, Finland had a large net trade with Spain in the exports of Paper Goods ($451M), Machines ($330M), and Metals ($230M).

During 2022, Spain had a large net trade with Finland in the exports of Machines ($349M), Metals ($294M), and Transportation ($287M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to Spain worth $401M, with Computer and information services ($163M), Royalties and license fees ($93.7M), and Other business services ($70.8M) being the largest in terms of value.

In 2009, Spain exported services to Finland worth $1.5B, with Services not allocated ($876M) and Travel ($622M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (Flag) to Spain (Flag) (2020)

Services Exports from Spain (Flag) to Finland (Flag) (2009)

Economic Complexity

Competitive Landscape

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

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

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