Mozambique (MOZ) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Mozambique-Finland Trade: In 2023, Mozambique exported $2.53M to Finland. The main products that Mozambique exported to Finland were Coal Briquettes ($1.32M), Aluminium Wire ($952k), and Navigation Equipment ($109k). Over the past 5 years the exports of Mozambique to Finland have decreased at an annualized rate of 16%, from $6.07M in 2018 to $2.53M in 2023.

In 2023, Mozambique did not export any services to Finland.

Finland-Mozambique Trade: In 2023, Finland exported $7.09M to Mozambique. The main products that Finland exported to Mozambique were Hydrometers ($1.01M), Engine Parts ($835k), and Coin ($649k). Over the past 5 years the exports of Finland to Mozambique have increased at an annualized rate of 14.7%, from $3.12M in 2018 to $7.09M in 2023.

In 2023, Finland did not export any services to Mozambique.

Comparison: In 2023, Mozambique ranked 122 in the Economic Complexity Index (ECI -1.27), and 97 in total exports ($11.8B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mozambique exported $2.53M to Finland. The main products exported from Mozambique to Finland were Coal Briquettes ($1.32M), Aluminium Wire ($952k), and Navigation Equipment ($109k). During the last 5 years the exports of Mozambique to Finland have decreased at an annualized rate of 16%, from $6.07M in 2018 to $2.53M in 2023.

In 2018, Finland exported $7.09M to Mozambique. The main products exported from Finland to Mozambique were Hydrometers ($1.01M), Engine Parts ($835k), and Coin ($649k). During the last 5 years the exports of Finland to Mozambique have increased at an annualized rate of 14.7%, from $3.12M in 2023 to $7.09M in 2018.

Exports from Mozambique () to Finland () (2023)

Exports from Finland () to Mozambique () (2023)

Latest Data

Trade between Mozambique () and Finland ()

Mozambique Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mozambique
Top DestinationIndia$2.13B

Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Mozambique than Finland included India ($2.13B), South Africa ($1.04B), and Zimbabwe ($306M).

In 2023, countries that imported more from Finland than Mozambique included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

Difference in imports from Finland () and Mozambique () (2023)

Comparative Advantage Mozambique - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mozambique had a large net trade with Finland in the exports of Mineral Products ($1.32M), Metals ($1.02M), and Machines ($109k).

During 2018, Finland had a large net trade with Mozambique in the exports of Machines ($2.93M), Instruments ($1.25M), and Precious Metals ($649k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mozambique Finland+$5.25MCoal Briquettes

Top Product Potential Finland Mozambique+$278kElectrical Transformers

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

Year

This visualization shows the product space at the HS4 level with the flags of Mozambique and Finland. This means that a dot/product with the flag of Mozambique indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Mozambique.

About

Historical Data

Bilateral Trade by Products

Exports from Mozambique () to Finland () (2023)

Exports from Finland () to Mozambique () (2023)

Latest Data

Trade between Mozambique () and Finland ()

Mozambique Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Mozambique () (2023)

Comparative Advantage Mozambique - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mozambique () and Finland () (2023)

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