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2022
Flag → Flag
Exports $62.9MRnk 74 / 207
2022
Flag → Flag
Top Product $22.6MDelivery Trucks
2022
Flag → Flag
Exports $109MRnk 14 / 173
2022
Flag → Flag
Top Product $108MCobalt Oxides and Hydroxides
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
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GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
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GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$4,911CURRENT US$
Rnk 113 / 186
2012-2022
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GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186

About

Finland-Namibia Trade: In 2022, Finland exported $62.9M to Namibia. The main products that Finland exported to Namibia were Delivery Trucks ($22.6M), Large Construction Vehicles ($19.9M), and Other Construction Vehicles ($11.4M). Over the past 5 years the exports of Finland to Namibia have increased at an annualized rate of 66.4%, from $4.92M in 2017 to $62.9M in 2022.

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

Namibia-Finland Trade: In 2022, Namibia exported $109M to Finland. The main products that Namibia exported to Finland were Cobalt Oxides and Hydroxides ($108M), Grapes ($795k), and Marble, Travertine and Alabaster ($134k). Over the past 5 years the exports of Namibia to Finland have increased at an annualized rate of 113%,  from $555k in 2017 to $109M in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $62.9M to Namibia. The main products exported from Finland to Namibia were Delivery Trucks ($22.6M), Large Construction Vehicles ($19.9M), and Other Construction Vehicles ($11.4M). During the last 5 years the exports of Finland to Namibia have increased at an annualized rate of 66.4%, from $4.92M in 2017 to $62.9M in 2022.

In 2017, Namibia exported $109M to Finland. The main products exported from Namibia to Finland were Cobalt Oxides and Hydroxides ($108M), Grapes ($795k), and Marble, Travertine and Alabaster ($134k). During the last 5 years the exports of Namibia to Finland have increased at an annualized rate of 113%, from $555k in 2022 to $109M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Namibia (Flag)

Finland Exports

Namibia Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Namibia
Top DestinationSouth Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Finland included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Finland - Namibia

Flow
Scale

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

During 2022, Finland had a large net trade with Namibia in the exports of Machines ($33.6M), Transportation ($24.2M), and Plastics and Rubbers ($1.68M).

During 2017, Namibia had a large net trade with Finland in the exports of Chemical Products ($108M), Vegetable Products ($795k), and Mineral Products ($138k).

Economic Complexity

Competitive Landscape

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

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

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