2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Palestine-Finland Trade: In 2022, Palestine exported $267k to Finland. The main products that Palestine exported to Finland were Other Processed Fruits and Nuts ($135k), Other Edible Preparations ($131k), and Tropical Fruits ($632). Over the past 5 years the exports of Palestine to Finland have increased at an annualized rate of 70%, from $18.8k in 2017 to $267k in 2022.

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

Finland-Palestine Trade: In 2022, Finland exported $2.66M to Palestine. The main products that Finland exported to Palestine were Uncoated Paper ($439k), Air Pumps ($424k), and Stone Processing Machines ($320k). Over the past 5 years the exports of Finland to Palestine have increased at an annualized rate of 9.06%,  from $1.72M in 2017 to $2.66M in 2022.

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

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Palestine exported $267k to Finland. The main products exported from Palestine to Finland were Other Processed Fruits and Nuts ($135k), Other Edible Preparations ($131k), and Tropical Fruits ($632). During the last 5 years the exports of Palestine to Finland have increased at an annualized rate of 70%, from $18.8k in 2017 to $267k in 2022.

In 2017, Finland exported $2.66M to Palestine. The main products exported from Finland to Palestine were Uncoated Paper ($439k), Air Pumps ($424k), and Stone Processing Machines ($320k). During the last 5 years the exports of Finland to Palestine have increased at an annualized rate of 9.06%, from $1.72M in 2022 to $2.66M in 2017.

Exports from Palestine (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Palestine (Flag) (2022)

Latest Data

Trade between Palestine (Flag) and Finland (Flag)

Palestine Exports

Finland Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Palestine than Finland included Israel ($1.3B) and Jordan ($159M).

In 2022, countries that imported more from Finland than Palestine included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

Difference in imports from Finland (Flag) and Palestine (Flag) (2022)

Comparative Advantage Palestine - Finland

Flow
Scale

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

During 2022, Palestine had a large net trade with Finland in the exports of Foodstuffs ($266k), Vegetable Products ($632), and Paper Goods ($52).

During 2017, Finland had a large net trade with Palestine in the exports of Machines ($884k), Paper Goods ($667k), and Wood Products ($270k).

Economic Complexity

Competitive Landscape

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

Product Space of Palestine (Flag) and Finland (Flag) (2022)

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