2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Finland-Palestine Trade: In 2023, Finland exported $1.01M to Palestine. The main products that Finland exported to Palestine were Kaolin Coated Paper ($542k), Ethylene Polymers ($155k), and Uncoated Paper ($114k). Over the past 5 years the exports of Finland to Palestine have decreased at an annualized rate of 23.2%, from $3.77M in 2018 to $1.01M in 2023.

In 2023, Finland did not export any services to Palestine.

Palestine-Finland Trade: In 2023, Palestine exported $104k to Finland. The main products that Palestine exported to Finland were Other Processed Fruits and Nuts ($100k), Tropical Fruits ($4.31k), and Cut Flowers ($205). Over the past 5 years the exports of Palestine to Finland have increased at an annualized rate of 2.04%,  from $94.4k in 2018 to $104k in 2023.

In 2023, Palestine did not export any services to Finland.

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $1.01M to Palestine. The main products exported from Finland to Palestine were Kaolin Coated Paper ($542k), Ethylene Polymers ($155k), and Uncoated Paper ($114k). During the last 5 years the exports of Finland to Palestine have decreased at an annualized rate of 23.2%, from $3.77M in 2018 to $1.01M in 2023.

In 2018, Palestine exported $104k to Finland. The main products exported from Palestine to Finland were Other Processed Fruits and Nuts ($100k), Tropical Fruits ($4.31k), and Cut Flowers ($205). During the last 5 years the exports of Palestine to Finland have increased at an annualized rate of 2.04%, from $94.4k in 2023 to $104k in 2018.

Exports from Finland (Flag) to Palestine (Flag) (2023)

Exports from Palestine (Flag) to Finland (Flag) (2023)

Latest Data

Trade between Finland (Flag) and Palestine (Flag)

Finland Exports

Palestine Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Palestine
Top Destination
Jordan$96.6M

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 2023, countries that imported more from Finland than Palestine included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Palestine than Finland included Jordan ($96.6M).

Difference in imports from Palestine (Flag) and Finland (Flag) (2023)

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 2023, Finland had a large net trade with Palestine in the exports of Paper Goods ($689k), Plastics and Rubbers ($227k), and Wood Products ($64.9k).

During 2018, Palestine had a large net trade with Finland in the exports of Foodstuffs ($100k) and Vegetable Products ($4.52k).

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) (2023)

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