Finland (FIN) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Finland-Turkey In 2022, Finland exported $1.29B to Turkey. The main products that Finland exported to Turkey are Sulfate Chemical Woodpulp ($183M), Kaolin Coated Paper ($164M), and Scrap Iron ($112M). During the last 27 years the exports of Finland to Turkey have increased at an annualized rate of 6.57%, from $231M in 1995 to $1.29B in 2022.

In 2020, Finland exported services to Turkey worth $175M, with Computer and information services ($146M), Other business services ($17.1M), and Transportation ($8M) being the largest in terms of value.

Turkey-Finland In 2022, Turkey exported $797M to Finland. The main products that Turkey exported to Finland were Other Engines ($99.1M), Iron Structures ($77.1M), and Cars ($30.7M). During the last 27 years the exports of Turkey to Finland have increased at an annualized rate of 10.7%, from $51.1M in 1995 to $797M in 2022.

In 2009, Turkey exported services to Finland worth $0, with being the largest in terms of value.

Comparison In 2022, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $1.29B to Turkey. The main products exported from Finland to Turkey were Sulfate Chemical Woodpulp ($183M), Kaolin Coated Paper ($164M), and Scrap Iron ($112M). During the last 27 years the exports of Finland to Turkey have increased at an annualized rate of 6.57%, from $231M in 1995 to $1.29B in 2022.

In 2022, Turkey exported $797M to Finland. The main products exported from Turkey to Finland were Other Engines ($99.1M), Iron Structures ($77.1M), and Cars ($30.7M). During the last 27 years the exports of Turkey to Finland have increased at an annualized rate of 10.7%, from $51.1M in 1995 to $797M in 2022.

Exports from Finland () to Turkey () (2022)

Exports from Turkey () to Finland () (2022)

Latest Data

Trade between Finland () and Turkey ()

Finland Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Turkey
Top DestinationGermany$21.9B

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

In 2021, countries that imported more from Finland than Turkey were Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

In 2021, countries that imported more from Turkey than Finland were Iraq ($13.7B), Germany ($21.9B), and United Kingdom ($13.7B).

Difference in imports from Turkey () and Finland () (2022)

Comparative Advantage Finland - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Turkey in the exports of Paper Goods ($461M), Machines ($296M), and Metals ($244M).

During 2022, Turkey had a large net trade with Finland in the exports of Machines ($245M), Metals ($218M), and Transportation ($90M).

Service Trade

Bilateral Service Trade

Tur Year

2009

2008

Fin Year

In 2020, Finland exported services to Turkey worth $175M, with Computer and information services ($146M), Other business services ($17.1M), and Transportation ($8M) being the largest in terms of value.

In 2009, Turkey exported services to Finland worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland () to Turkey () (2020)

Services Exports from Turkey () to Finland () (2009)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Turkey () (2022)

Exports from Turkey () to Finland () (2022)

Latest Data

Trade between Finland () and Turkey ()

Finland Exports

Turkey Exports

Market Competitiveness

Difference in imports from Turkey () and Finland () (2022)

Comparative Advantage Finland - Turkey

Service Trade

Bilateral Service Trade

Services Exports from Finland () to Turkey () (2020)

Services Exports from Turkey () to Finland () (2009)

Economic Complexity

Competitive Landscape

Product Space of Finland () and Turkey () (2022)

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