Finland (FIN) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Finland-Malaysia Trade: In 2022, Finland exported $237M to Malaysia. The main products that Finland exported to Malaysia were Raw Aluminium ($17.9M), Sulfates ($16M), and Copper Plating ($14.2M). Over the past 5 years the exports of Finland to Malaysia have increased at an annualized rate of 7.05%, from $169M in 2017 to $237M in 2022.

In 2020, Finland exported services to Malaysia worth $74.2M, with Computer and information services ($38.8M), Other business services ($16M), and Royalties and license fees ($12.6M) being the largest in terms of value.

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

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $237M to Malaysia. The main products exported from Finland to Malaysia were Raw Aluminium ($17.9M), Sulfates ($16M), and Copper Plating ($14.2M). During the last 5 years the exports of Finland to Malaysia have increased at an annualized rate of 7.05%, from $169M in 2017 to $237M in 2022.

Malaysia does not register exports to Finland. The main products exported from Malaysia to Finland were Integrated Circuits ($110M), Rubber ($36.4M), and Rubber Apparel ($32.5M).

Exports from Finland () to Malaysia () (2022)

Exports from Malaysia () to Finland () (2022)

Latest Data

Trade between Finland () and Malaysia ()

Finland Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Finland than Malaysia included Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

In 2022, countries that imported more from Malaysia than Finland included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

Difference in imports from Malaysia () and Finland () (2022)

Comparative Advantage Finland - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Malaysia in the exports of Machines ($53.7M), Metals ($49.7M), and Chemical Products ($45.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Malaysia+$7.09MIntegrated Circuits

Top Product Potential Malaysia Finland+$36.7MIntegrated Circuits

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

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Malaysia () (2022)

Exports from Malaysia () to Finland () (2022)

Latest Data

Trade between Finland () and Malaysia ()

Finland Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Finland () (2022)

Comparative Advantage Finland - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Malaysia () (2022)

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