2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$113BCURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$2,099CURRENT US$
Rnk 148 / 186
2012-2022
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GDP PC GROWTH
62.8%CURRENT US$
Rnk 24 / 186

About

Finland-Kenya Trade: In 2022, Finland exported $69.7M to Kenya. The main products that Finland exported to Kenya were Kraft Paper ($21.7M), Delivery Trucks ($10.5M), and Large Construction Vehicles ($6.8M). Over the past 5 years the exports of Finland to Kenya have increased at an annualized rate of 25.1%, from $22.7M in 2017 to $69.7M in 2022.

In 2022, Finland did not export any services to Kenya.

Kenya-Finland Trade: In 2022, Kenya exported $12.9M to Finland. The main products that Kenya exported to Finland were Coffee ($6.91M), Other Processed Fruits and Nuts ($2.03M), and Cut Flowers ($1.71M). Over the past 5 years the exports of Kenya to Finland have decreased at an annualized rate of 1.4%,  from $13.8M in 2017 to $12.9M in 2022.

In 2022, Kenya 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, Kenya ranked 87 in the Economic Complexity Index (ECI -0.5), and 115 in total exports ($7.34B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $69.7M to Kenya. The main products exported from Finland to Kenya were Kraft Paper ($21.7M), Delivery Trucks ($10.5M), and Large Construction Vehicles ($6.8M). During the last 5 years the exports of Finland to Kenya have increased at an annualized rate of 25.1%, from $22.7M in 2017 to $69.7M in 2022.

In 2017, Kenya exported $12.9M to Finland. The main products exported from Kenya to Finland were Coffee ($6.91M), Other Processed Fruits and Nuts ($2.03M), and Cut Flowers ($1.71M). During the last 5 years the exports of Kenya to Finland have decreased at an annualized rate of 1.4%, from $13.8M in 2022 to $12.9M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Kenya (Flag)

Finland Exports

Kenya Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Kenya
Top Destination
United States$722M

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

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

In 2022, countries that imported more from Kenya than Finland included Uganda ($677M), Rwanda ($439M), and Pakistan ($541M).

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

Comparative Advantage Finland - Kenya

Flow
Scale

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

During 2022, Finland had a large net trade with Kenya in the exports of Paper Goods ($24.9M), Machines ($18.6M), and Transportation ($11.6M).

During 2017, Kenya had a large net trade with Finland in the exports of Vegetable Products ($9.47M), Foodstuffs ($2.1M), and Chemical Products ($478k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Kenya+$1.35MKaolin Coated Paper
Top Product Potential Kenya Finland+$2.39MCoffee

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

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

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