Finland / South Korea

Finland-South Korea Trade: In 2022, Finland exported $989M to South Korea. The main products that Finland exported to South Korea were Raw Nickel ($165M), Electric Motors ($137M), and Electric Motor Parts ($49.8M). Over the past 5 years the exports of Finland to South Korea have increased at an annualized rate of 1.38%, from $924M in 2017 to $989M in 2022.

In 2020, Finland exported services to South Korea worth $195M, with Computer and information services ($112M), Transportation ($36.6M), and Other business services ($36.6M) being the largest in terms of value.

South Korea-Finland Trade: In 2022, South Korea exported $519M to Finland. The main products that South Korea exported to Finland were Cars ($120M), Electric Batteries ($82.4M), and Large Construction Vehicles ($38.3M). Over the past 5 years the exports of South Korea to Finland have increased at an annualized rate of 0.65%,  from $502M in 2017 to $519M in 2022.

In 2005, South Korea exported services to Finland worth $148M, with Transportation ($114M), Other business services ($23M), and Travel ($6.7M) being the largest in terms of value.

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).