2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Finland-United States In 2022, Finland exported $9.17B to United States. The main products that Finland exported to United States are Refined Petroleum ($1.28B), Passenger and Cargo Ships ($1.04B), and Kaolin Coated Paper ($890M). During the last 27 years the exports of Finland to United States have increased at an annualized rate of 4.58%, from $2.74B in 1995 to $9.17B in 2022.

In 2020, Finland exported services to United States worth $4.86B, with Computer and information services ($3.39B), Royalties and license fees ($841M), and Other business services ($505M) being the largest in terms of value.

United States-Finland In 2022, United States exported $3.5B to Finland. The main products that United States exported to Finland were Crude Petroleum ($367M), Coal Briquettes ($314M), and Petroleum Gas ($304M). During the last 27 years the exports of United States to Finland have increased at an annualized rate of 2.54%, from $1.78B in 1995 to $3.5B in 2022.

In 2017, United States exported services to Finland worth $2.31B, with Other business services ($755M), Royalties and license fees ($482M), and Travel ($444M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $9.17B to United States. The main products exported from Finland to United States were Refined Petroleum ($1.28B), Passenger and Cargo Ships ($1.04B), and Kaolin Coated Paper ($890M). During the last 27 years the exports of Finland to United States have increased at an annualized rate of 4.58%, from $2.74B in 1995 to $9.17B in 2022.

In 2022, United States exported $3.5B to Finland. The main products exported from United States to Finland were Crude Petroleum ($367M), Coal Briquettes ($314M), and Petroleum Gas ($304M). During the last 27 years the exports of United States to Finland have increased at an annualized rate of 2.54%, from $1.78B in 1995 to $3.5B in 2022.

Exports from Finland (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Finland (Flag) (2022)

Latest Data

Trade between Finland (Flag) and United States (Flag)

Finland Exports

United States Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
United States
Top Destination
Canada$308B

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

In 2021, countries that imported more from Finland than United States were Estonia ($3.58B), Sweden ($9.1B), and Latvia ($903M).

In 2021, countries that imported more from United States than Finland were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Finland (Flag) (2022)

Comparative Advantage Finland - United States

Flow
Scale

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

During 2022, Finland had a large net trade with United States in the exports of Machines ($1.66B), Transportation ($1.37B), and Paper Goods ($1.34B).

During 2022, United States had a large net trade with Finland in the exports of Mineral Products ($1.26B), Chemical Products ($636M), and Machines ($626M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to United States worth $4.86B, with Computer and information services ($3.39B), Royalties and license fees ($841M), and Other business services ($505M) being the largest in terms of value.

In 2017, United States exported services to Finland worth $2.31B, with Other business services ($755M), Royalties and license fees ($482M), and Travel ($444M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (Flag) to United States (Flag) (2020)

Services Exports from United States (Flag) to Finland (Flag) (2017)

Economic Complexity

Competitive Landscape

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 United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Finland.

Product Space of Finland (Flag) and United States (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with