Finland (FIN) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Finland-New Zealand Trade: In 2022, Finland exported $122M to New Zealand. The main products that Finland exported to New Zealand were Pig Meat ($18M), Mixed Mineral or Chemical Fertilizers ($17.4M), and Tractors ($5.66M). Over the past 5 years the exports of Finland to New Zealand have increased at an annualized rate of 4.39%, from $98.7M in 2017 to $122M in 2022.

In 2020, Finland exported services to New Zealand worth $66.2M, with Computer and information services ($53.7M), Other business services ($5.71M), and Construction services ($4.57M) being the largest in terms of value.

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

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $122M to New Zealand. The main products exported from Finland to New Zealand were Pig Meat ($18M), Mixed Mineral or Chemical Fertilizers ($17.4M), and Tractors ($5.66M). During the last 5 years the exports of Finland to New Zealand have increased at an annualized rate of 4.39%, from $98.7M in 2017 to $122M in 2022.

New Zealand does not register exports to Finland.

Exports from Finland () to New Zealand () (2022)

Exports from New Zealand () to Finland () (2022)

Latest Data

Trade between Finland () and New Zealand ()

Finland Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Finland than New Zealand included Germany ($9.99B), Sweden ($9.1B), and Netherlands ($5.88B).

In 2022, countries that imported more from New Zealand than Finland included China ($13.1B), Australia ($5.35B), and Indonesia ($1.33B).

Difference in imports from New Zealand () and Finland () (2022)

Comparative Advantage Finland - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with New Zealand in the exports of Machines ($32.1M), Chemical Products ($21.6M), and Animal Products ($18.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland New Zealand+$2.99MCars

Top Product Potential New Zealand Finland+$1.37MWine

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to New Zealand () (2022)

Exports from New Zealand () to Finland () (2022)

Latest Data

Trade between Finland () and New Zealand ()

Finland Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Finland () (2022)

Comparative Advantage Finland - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and New Zealand () (2022)

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