Finland (FIN) and Mozambique (MOZ) Trade | The Observatory of Economic Complexity

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Finland-Mozambique Trade: In 2023, Finland exported $7.09M to Mozambique. The main products that Finland exported to Mozambique were Hydrometers ($1.01M), Engine Parts ($835k), and Coin ($649k). Over the past 5 years the exports of Finland to Mozambique have increased at an annualized rate of 17.8%, from $3.12M in 2018 to $7.09M in 2023.

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

Mozambique-Finland Trade: In 2023, Mozambique exported $2.53M to Finland. The main products that Mozambique exported to Finland were Coal Briquettes ($1.32M), Aluminium Wire ($952k), and Navigation Equipment ($109k). Over the past 5 years the exports of Mozambique to Finland have decreased at an annualized rate of 16%, from $6.07M in 2018 to $2.53M in 2023.

In 2023, Mozambique 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, Mozambique ranked 122 in the Economic Complexity Index (ECI -1.27), and 97 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $7.09M to Mozambique. The main products exported from Finland to Mozambique were Hydrometers ($1.01M), Engine Parts ($835k), and Coin ($649k). During the last 5 years the exports of Finland to Mozambique have increased at an annualized rate of 17.8%, from $3.12M in 2018 to $7.09M in 2023.

In 2018, Mozambique exported $2.53M to Finland. The main products exported from Mozambique to Finland were Coal Briquettes ($1.32M), Aluminium Wire ($952k), and Navigation Equipment ($109k). During the last 5 years the exports of Mozambique to Finland have decreased at an annualized rate of 16%, from $6.07M in 2023 to $2.53M in 2018.

Exports from Finland () to Mozambique () (2023)

Exports from Mozambique () to Finland () (2023)

Latest Data

Trade between Finland () and Mozambique ()

Finland Exports

Date

Mozambique Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Mozambique
Top DestinationIndia$2.13B

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

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

In 2023, countries that imported more from Mozambique than Finland included India ($2.13B), South Africa ($1.04B), and Zimbabwe ($306M).

Difference in imports from Mozambique () and Finland () (2023)

Comparative Advantage Finland - Mozambique

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Mozambique in the exports of Machines ($2.93M), Instruments ($1.25M), and Precious Metals ($649k).

During 2018, Mozambique had a large net trade with Finland in the exports of Mineral Products ($1.32M), Metals ($1.02M), and Machines ($109k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Mozambique+$278kElectrical Transformers

Top Product Potential Mozambique Finland+$5.25MCoal Briquettes

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Mozambique () (2023)

Exports from Mozambique () to Finland () (2023)

Latest Data

Trade between Finland () and Mozambique ()

Finland Exports

Mozambique Exports

Market Competitiveness

Difference in imports from Mozambique () and Finland () (2023)

Comparative Advantage Finland - Mozambique

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Mozambique () (2023)

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