2023
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GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
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GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
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GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
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GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Finland-Guam Trade: In 2023, Finland exported $116k to Guam. The main products that Finland exported to Guam were Excavation Machinery ($67.4k), Air Pumps ($24.8k), and Base Metal Watches ($22.7k). Over the past 5 years the exports of Finland to Guam have increased at an annualized rate of 9.31%, from $74.5k in 2018 to $116k in 2023.

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

Guam-Finland Trade: In 2023, Guam exported $30 to Finland. The main products that Guam exported to Finland were Dried Legumes ($30). Over the past 5 years the exports of Guam to Finland have decreased at an annualized rate of 51.4%,  from $1.11k in 2018 to $30 in 2023.

In 2023, Guam 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, Guam ranked 216 in total exports ($13M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $116k to Guam. The main products exported from Finland to Guam were Excavation Machinery ($67.4k), Air Pumps ($24.8k), and Base Metal Watches ($22.7k). During the last 5 years the exports of Finland to Guam have increased at an annualized rate of 9.31%, from $74.5k in 2018 to $116k in 2023.

In 2018, Guam exported $30 to Finland. The main products exported from Guam to Finland were Dried Legumes ($30). During the last 5 years the exports of Guam to Finland have decreased at an annualized rate of 51.4%, from $1.11k in 2023 to $30 in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Guam (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Guam
Top Destination
Chinese Taipei$5.53M

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

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

In 2023, countries that imported more from Guam than Finland included Samoa ($59.8k).

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

Comparative Advantage Finland - Guam

Flow
Scale

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

During 2023, Finland had a large net trade with Guam in the exports of Machines ($93k), Instruments ($23k), and Textiles ($100).

During 2018, Guam had a large net trade with Finland in the exports of Vegetable Products ($30).

Economic Complexity

Competitive Landscape

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

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

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