Pakistan (PAK) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Pakistan-Finland Trade: In 2022, Pakistan exported $88.4M to Finland. The main products that Pakistan exported to Finland were House Linens ($29.6M), Non-Knit Men's Suits ($10.6M), and Leather Apparel ($8.39M). Over the past 5 years the exports of Pakistan to Finland have increased at an annualized rate of 5.71%, from $67M in 2017 to $88.4M in 2022.

In 2022, Pakistan did not export any services to Finland.

Finland-Pakistan Trade: In 2022, Finland exported $128M to Pakistan. The main products that Finland exported to Pakistan were Scrap Iron ($40.8M), Electric Generating Sets ($15.6M), and Kaolin Coated Paper ($15.4M). Over the past 5 years the exports of Finland to Pakistan have increased at an annualized rate of 10.3%, from $78.4M in 2017 to $128M in 2022.

In 2022, Finland did not export any services to Pakistan.

Comparison: In 2022, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Pakistan exported $88.4M to Finland. The main products exported from Pakistan to Finland were House Linens ($29.6M), Non-Knit Men's Suits ($10.6M), and Leather Apparel ($8.39M). During the last 5 years the exports of Pakistan to Finland have increased at an annualized rate of 5.71%, from $67M in 2017 to $88.4M in 2022.

In 2017, Finland exported $128M to Pakistan. The main products exported from Finland to Pakistan were Scrap Iron ($40.8M), Electric Generating Sets ($15.6M), and Kaolin Coated Paper ($15.4M). During the last 5 years the exports of Finland to Pakistan have increased at an annualized rate of 10.3%, from $78.4M in 2022 to $128M in 2017.

Exports from Pakistan () to Finland () (2022)

Exports from Finland () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Finland ()

Pakistan Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$6.47B

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Pakistan than Finland included United Arab Emirates ($2.58B), Afghanistan ($975M), and Bangladesh ($839M).

In 2022, countries that imported more from Finland than Pakistan included Sweden ($9.1B), Germany ($9.99B), and Netherlands ($5.88B).

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

Comparative Advantage Pakistan - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Pakistan had a large net trade with Finland in the exports of Textiles ($72M), Animal Hides ($8.84M), and Miscellaneous ($1.93M).

During 2017, Finland had a large net trade with Pakistan in the exports of Metals ($55.7M), Paper Goods ($32.5M), and Machines ($28.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Finland+$7.63MNon-Knit Men's Suits

Top Product Potential Finland Pakistan+$6.2MKaolin Coated Paper

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 Pakistan and Finland. This means that a dot/product with the flag of Pakistan indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Pakistan.

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Finland () (2022)

Exports from Finland () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Finland ()

Pakistan Exports

Finland Exports

Market Competitiveness

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

Comparative Advantage Pakistan - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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