Finland / South Africa

Finland-South Africa Trade: In 2022, Finland exported $479M to South Africa. The main products that Finland exported to South Africa were Kaolin Coated Paper ($48.6M), Other Construction Vehicles ($37.7M), and Large Construction Vehicles ($28.2M). Over the past 5 years the exports of Finland to South Africa have increased at an annualized rate of 6.77%, from $345M in 2017 to $479M in 2022.

In 2020, Finland exported services to South Africa worth $35.4M, with Other business services ($29.7M), Transportation ($2.28M), and Royalties and license fees ($2.28M) being the largest in terms of value.

South Africa-Finland Trade: In 2022, South Africa exported $263M to Finland. The main products that South Africa exported to Finland were Coal Briquettes ($81.8M), Cobalt Oxides and Hydroxides ($50.5M), and Cars ($20.3M). Over the past 5 years the exports of South Africa to Finland have increased at an annualized rate of 22.3%,  from $96M in 2017 to $263M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).