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2022
Flag → Flag
Exports $128MRnk 56 / 207
2022
Flag → Flag
Top Product $40.8MScrap Iron
2022
Flag → Flag
Exports $88.4MRnk 53 / 199
2022
Flag → Flag
Top Product $29.6MHouse Linens
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
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GDP GROWTH67.8%CURRENT US$
Rnk 31 / 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$1,597CURRENT US$
Rnk 155 / 186
2012-2022
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GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Finland-Pakistan Trade: In 2022, Finland exported $128M to Pakistan. The main products that Finland exported to Pakistan were Scrap Iron ($40.8M), Electric Generating Sets ($15.6M), and Kaolin Coated Paper ($15.4M). Over the past 5 years the exports of Finland to Pakistan have increased at an annualized rate of 10.3%, from $78.4M in 2017 to $128M in 2022.

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

Pakistan-Finland Trade: In 2022, Pakistan exported $88.4M to Finland. The main products that Pakistan exported to Finland were House Linens ($29.6M), Non-Knit Men's Suits ($10.6M), and Leather Apparel ($8.39M). Over the past 5 years the exports of Pakistan to Finland have increased at an annualized rate of 5.71%,  from $67M in 2017 to $88.4M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $128M to Pakistan. The main products exported from Finland to Pakistan were Scrap Iron ($40.8M), Electric Generating Sets ($15.6M), and Kaolin Coated Paper ($15.4M). During the last 5 years the exports of Finland to Pakistan have increased at an annualized rate of 10.3%, from $78.4M in 2017 to $128M in 2022.

In 2017, Pakistan exported $88.4M to Finland. The main products exported from Pakistan to Finland were House Linens ($29.6M), Non-Knit Men's Suits ($10.6M), and Leather Apparel ($8.39M). During the last 5 years the exports of Pakistan to Finland have increased at an annualized rate of 5.71%, from $67M in 2022 to $88.4M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Pakistan (Flag)

Finland Exports

Pakistan Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Pakistan
Top DestinationUnited States$6.47B

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

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

In 2022, countries that imported more from Pakistan than Finland included United Arab Emirates ($2.58B), Afghanistan ($975M), and Bangladesh ($839M).

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

Comparative Advantage Finland - Pakistan

Flow
Scale

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

During 2022, Finland had a large net trade with Pakistan in the exports of Metals ($55.7M), Paper Goods ($32.5M), and Machines ($28.3M).

During 2017, Pakistan had a large net trade with Finland in the exports of Textiles ($72M), Animal Hides ($8.84M), and Miscellaneous ($1.93M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Pakistan+$6.2MKaolin Coated Paper
Top Product Potential Pakistan Finland+$7.63MNon-Knit Men's Suits

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

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

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

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