Turkey (TUR) and Finland (FIN) Trade | The Observatory of Economic Complexity

2022

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Exports $797MRnk 66 / 219

2022

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About

Turkey-Finland Trade: In 2022, Turkey exported $797M to Finland. The main products that Turkey exported to Finland were Other Engines ($99.1M), Iron Structures ($77.1M), and Cars ($30.7M). Over the past 5 years the exports of Turkey to Finland have increased at an annualized rate of 16.2%, from $376M in 2017 to $797M in 2022.

In 2009, Turkey exported services to Finland worth $0, with being the largest in terms of value.

Finland-Turkey Trade: In 2022, Finland exported $1.29B to Turkey. The main products that Finland exported to Turkey were Sulfate Chemical Woodpulp ($183M), Kaolin Coated Paper ($164M), and Scrap Iron ($112M). Over the past 5 years the exports of Finland to Turkey have increased at an annualized rate of 3.09%, from $949M in 2017 to $1.29B in 2022.

In 2020, Finland exported services to Turkey worth $175M, with Computer and information services ($146M), Other business services ($17.1M), and Transportation ($8M) being the largest in terms of value.

Comparison: In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Turkey than Finland included Iraq ($13.7B), Germany ($21.9B), and United Kingdom ($13.7B).

In 2022, countries that imported more from Finland than Turkey included Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

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

Bilateral Service Trade

Fin Year

Tur Year

2009

2008

In 2009, Turkey exported services to Finland worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey () to Finland () (2009)

Services Exports from Finland () to Turkey () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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