2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP
$12.7BCURRENT US$
Rnk 140 / 186
2012-2022
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GDP GROWTH
2.72%CURRENT US$
Rnk 162 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$717CURRENT US$
Rnk 177 / 186
2012-2022
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GDP PC GROWTH
-26.1%CURRENT US$
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About

Finland-Chad Trade: In 2022, Finland exported $250k to Chad. The main products that Finland exported to Chad were Steam Boilers ($227k), High-voltage Protection Equipment ($5.1k), and Electrical Transformers ($4.71k). Over the past 5 years the exports of Finland to Chad have decreased at an annualized rate of 22%, from $866k in 2017 to $250k in 2022.

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

Chad-Finland Trade: In 2022, Chad exported $58 to Finland. The main products that Chad exported to Finland were Knit T-shirts ($58). Over the past 5 years the exports of Chad to Finland have increased at an annualized rate of 1.82%,  from $53 in 2017 to $58 in 2022.

In 2022, Chad 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, Chad ranked 129 in the Economic Complexity Index (ECI -1.74), and 130 in total exports ($4.39B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $250k to Chad. The main products exported from Finland to Chad were Steam Boilers ($227k), High-voltage Protection Equipment ($5.1k), and Electrical Transformers ($4.71k). During the last 5 years the exports of Finland to Chad have decreased at an annualized rate of 22%, from $866k in 2017 to $250k in 2022.

In 2017, Chad exported $58 to Finland. The main products exported from Chad to Finland were Knit T-shirts ($58). During the last 5 years the exports of Chad to Finland have increased at an annualized rate of 1.82%, from $53 in 2022 to $58 in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Chad (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Chad
Top Destination
Germany$1.1B

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

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

In 2022, countries that imported more from Chad than Finland included United Arab Emirates ($883M), Chinese Taipei ($512M), and Central African Republic ($41k).

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

Comparative Advantage Finland - Chad

Flow
Scale

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

During 2022, Finland had a large net trade with Chad in the exports of Machines ($242k), Paper Goods ($4.45k), and Instruments ($3.1k).

During 2017, Chad had a large net trade with Finland in the exports of Textiles ($58).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Chad+$22.2kElectrical Transformers
Top Product Potential Chad Finland+$7.29kCrude Petroleum

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

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

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