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2022
Flag → Flag
Exports $2.66MRnk 138 / 207
2022
Flag → Flag
Top Product $439kUncoated Paper
2022
Flag → Flag
Exports $267kRnk 36 / 98
2022
Flag → Flag
Top Product $135kOther Processed Fruits and Nuts
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
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GDP GROWTH56.5%CURRENT US$
Rnk 47 / 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$3,789CURRENT US$
Rnk 123 / 186
2012-2022
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GDP PC GROWTH23.5%CURRENT US$
Rnk 75 / 186

About

Finland-Palestine Trade: In 2022, Finland exported $2.66M to Palestine. The main products that Finland exported to Palestine were Uncoated Paper ($439k), Air Pumps ($424k), and Stone Processing Machines ($320k). Over the past 5 years the exports of Finland to Palestine have increased at an annualized rate of 9.06%, from $1.72M in 2017 to $2.66M in 2022.

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

Palestine-Finland Trade: In 2022, Palestine exported $267k to Finland. The main products that Palestine exported to Finland were Other Processed Fruits and Nuts ($135k), Other Edible Preparations ($131k), and Tropical Fruits ($632). Over the past 5 years the exports of Palestine to Finland have increased at an annualized rate of 70%,  from $18.8k in 2017 to $267k in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $2.66M to Palestine. The main products exported from Finland to Palestine were Uncoated Paper ($439k), Air Pumps ($424k), and Stone Processing Machines ($320k). During the last 5 years the exports of Finland to Palestine have increased at an annualized rate of 9.06%, from $1.72M in 2017 to $2.66M in 2022.

In 2017, Palestine exported $267k to Finland. The main products exported from Palestine to Finland were Other Processed Fruits and Nuts ($135k), Other Edible Preparations ($131k), and Tropical Fruits ($632). During the last 5 years the exports of Palestine to Finland have increased at an annualized rate of 70%, from $18.8k in 2022 to $267k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Palestine (Flag)

Finland Exports

Palestine Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Palestine
Top DestinationIsrael$1.3B

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

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

In 2022, countries that imported more from Palestine than Finland included Israel ($1.3B) and Jordan ($159M).

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

Comparative Advantage Finland - Palestine

Flow
Scale

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

During 2022, Finland had a large net trade with Palestine in the exports of Machines ($884k), Paper Goods ($667k), and Wood Products ($270k).

During 2017, Palestine had a large net trade with Finland in the exports of Foodstuffs ($266k), Vegetable Products ($632), and Paper Goods ($52).

Economic Complexity

Competitive Landscape

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

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

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