Flag Finland / Sweden Flag

2019
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Exports
: $7.24B, Rnk 2 / 210

2019
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Top Product
: $1.93B, Refined Petroleum

2019
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Exports
: $10B, Rnk 5 / 217

2019
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Top Product
: $1.09B, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.53, Rnk 11 / 146

2019
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Economic Complexity (ECI)
: ECI 1.64, Rnk 8 / 146

2019
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GDP
: $269B, CURRENT US$
Rnk 43 / 187

2009-2019
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GDP GROWTH
: 6.65%, CURRENT US$
Rnk 168 / 187

2019
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 GDP
: $531B, CURRENT US$
Rnk 24 / 187

2009-2019
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GDP GROWTH
: 21.6%, CURRENT US$
Rnk 147 / 187

2019
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GDP PC 
: $48,783, CURRENT US$
Rnk 16 / 187

2009-2019
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GDP PC GROWTH
: 3.15%, CURRENT US$
Rnk 149 / 187

2019
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GDP PC
: $51,615, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP PC GROWTH
: 9.94%, CURRENT US$
Rnk 141 / 187

Finland-Sweden In 2019, Finland exported $7.24B to Sweden. The main products that Finland exported to Sweden are Refined Petroleum ($1.93B), Coated Flat-Rolled Iron ($144M), and Flat Flat-Rolled Steel ($127M). During the last 24 years the exports of Finland to Sweden have increased at an annualized rate of 2.43%, from $4.07B in 1995 to $7.24B in 2019.

In 2016, Finland exported services to Sweden worth $3.09B, with Other business services ($987M), Computer and information services ($541M), and Transportation ($516M) being the largest in terms of value.

Sweden-Finland In 2019, Sweden exported $10B to Finland . The main products that Sweden exported to Finland were Refined Petroleum ($1.09B), Electricity ($735M), and Cars ($675M). During the last 24 years the exports of Sweden to Finland have increased at an annualized rate of 4.19%, from $3.74B in 1995 to $10B in 2019.

In 2019, Sweden exported services to Finland worth $452M, with Other business services ($137M), Transportation ($115M), and Travel ($62M) being the largest in terms of value.

Comparison In 2019,  Finland ranked 11 in the Economic Complexity Index (ECI 1.53), and 43 in total exports ($74.6B). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.64), and 32 in total exports ($158B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Finland exported $7.24B to Sweden. The main products exported from Finland to Sweden were Refined Petroleum ($1.93B), Coated Flat-Rolled Iron ($144M), and Flat Flat-Rolled Steel ($127M). During the last 24 years the exports of Finland to Sweden have increased at an annualized rate of 2.43%, from $4.07B in 1995 to $7.24B in 2019.

In 2019, Sweden exported $10B to Finland. The main products exported from Sweden to Finland were Refined Petroleum ($1.09B), Electricity ($735M), and Cars ($675M). During the last 24 years the exports of Sweden to Finland have increased at an annualized rate of 4.19%, from $3.74B in 1995 to $10B in 2019.

Finland Exports

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Sweden Exports

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Market Competitiveness

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Measure

Finland
Top Destination
: Germany, $10.4B

Sweden
Top Destination
: Germany, $16.4B

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

In 2019, countries that imported more from Finland than Sweden were Russia ($4.05B), Estonia ($1.79B), and Latvia ($697M).

In 2019, countries that imported more from Sweden than Finland were Norway ($14.8B), Denmark ($11.1B), and United States ($12.5B).

Comparative Advantage Finland - Sweden

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Depth

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

During 2019, Finland had a large net trade with Sweden in the exports of Mineral Products ($2.17B), Metals ($1.19B), and Machines ($986M).

During 2019, Sweden had a large net trade with Finland in the exports of Mineral Products ($2.36B), Machines ($2.29B), and Transportation ($1.28B).

Bilateral Service Trade

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In 2016, Finland exported services to Sweden worth $3.09B, with Other business services ($987M), Computer and information services ($541M), and Transportation ($516M) being the largest in terms of value.

In 2019, Sweden exported services to Finland worth $452M, with Other business services ($137M), Transportation ($115M), and Travel ($62M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Finland has comparative advantage over Sweden. Similarly, the more red a dot/product is, the more Sweden has comparative advantage over Finland.