2022
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GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
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2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
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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$
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About

United Kingdom-Finland In 2022, United Kingdom exported $1.96B to Finland. The main products that United Kingdom exported to Finland are Crude Petroleum ($516M), Cars ($112M), and Large Construction Vehicles ($41.9M). During the last 27 years the exports of United Kingdom to Finland have decreased at an annualized rate of 0.73%, from $2.39B in 1995 to $1.96B in 2022.

In 2019, United Kingdom exported services to Finland worth $1.53B, with Other business services ($562M), Financial services ($416M), and Travel ($217M) being the largest in terms of value.

Finland-United Kingdom In 2022, Finland exported $3.35B to United Kingdom. The main products that Finland exported to United Kingdom were Refined Petroleum ($514M), Kaolin Coated Paper ($319M), and Sawn Wood ($275M). During the last 27 years the exports of Finland to United Kingdom have decreased at an annualized rate of 0.76%, from $4.11B in 1995 to $3.35B in 2022.

In 2020, Finland exported services to United Kingdom worth $1.18B, with Computer and information services ($579M), Other business services ($336M), and Transportation ($93.7M) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $1.96B to Finland. The main products exported from United Kingdom to Finland were Crude Petroleum ($516M), Cars ($112M), and Large Construction Vehicles ($41.9M). During the last 27 years the exports of United Kingdom to Finland have decreased at an annualized rate of 0.73%, from $2.39B in 1995 to $1.96B in 2022.

In 2022, Finland exported $3.35B to United Kingdom. The main products exported from Finland to United Kingdom were Refined Petroleum ($514M), Kaolin Coated Paper ($319M), and Sawn Wood ($275M). During the last 27 years the exports of Finland to United Kingdom have decreased at an annualized rate of 0.76%, from $4.11B in 1995 to $3.35B in 2022.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Finland
Top Destination
Germany$9.99B

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

In 2021, countries that imported more from United Kingdom than Finland were United States ($61.8B), Netherlands ($41.9B), and Ireland ($32.6B).

In 2021, countries that imported more from Finland than United Kingdom were Estonia ($3.58B), Sweden ($9.1B), and Russia ($2.14B).

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

Comparative Advantage United Kingdom - Finland

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Finland in the exports of Mineral Products ($559M), Machines ($396M), and Transportation ($208M).

During 2022, Finland had a large net trade with United Kingdom in the exports of Paper Goods ($657M), Mineral Products ($572M), and Machines ($414M).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Finland worth $1.53B, with Other business services ($562M), Financial services ($416M), and Travel ($217M) being the largest in terms of value.

In 2020, Finland exported services to United Kingdom worth $1.18B, with Computer and information services ($579M), Other business services ($336M), and Transportation ($93.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Finland (Flag) (2019)

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

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

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

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