Finland (FIN) and Marshall Islands (MHL) Trade | The Observatory of Economic Complexity

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Finland-Marshall Islands Trade: In 2022, Finland exported $30.5k to Marshall Islands. The main products that Finland exported to Marshall Islands were Air Pumps ($21.7k), Gas Turbines ($8.68k), and Other Rubber Products ($147). Over the past 6 years the exports of Finland to Marshall Islands have decreased at an annualized rate of 6.13%, from $44.6k in 2016 to $30.5k in 2022.

In 2022, Finland did not export any services to Marshall Islands.

Marshall Islands-Finland In N/A, Marshall Islands did not export any products to Finland.

In 2022, Marshall Islands 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, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $30.5k to Marshall Islands. The main products exported from Finland to Marshall Islands were Air Pumps ($21.7k), Gas Turbines ($8.68k), and Other Rubber Products ($147). During the last 6 years the exports of Finland to Marshall Islands have decreased at an annualized rate of 6.13%, from $44.6k in 2016 to $30.5k in 2022.

Marshall Islands does not register exports to Finland. The main products exported from Marshall Islands to Finland were Leather Footwear ($97.6k) and Liquid Dispersing Machines ($3.22k).

Exports from Finland () to Marshall Islands () (2022)

Exports from Marshall Islands () to Finland () (2022)

Latest Data

Trade between Finland () and Marshall Islands ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Marshall Islands
Top DestinationGermany$327M

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

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

In 2022, countries that imported more from Marshall Islands than Finland included Malta ($66.2M).

Difference in imports from Marshall Islands () and Finland () (2022)

Comparative Advantage Finland - Marshall Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Marshall Islands in the exports of Machines ($30.4k) and Plastics and Rubbers ($147).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Marshall Islands () (2022)

Exports from Marshall Islands () to Finland () (2022)

Latest Data

Trade between Finland () and Marshall Islands ()

Finland Exports

Market Competitiveness

Difference in imports from Marshall Islands () and Finland () (2022)

Comparative Advantage Finland - Marshall Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Marshall Islands () (2022)

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