2022
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GDP
$161BCURRENT US$
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2012-2022
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GDP GROWTH
-12.1%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 
$4,534CURRENT US$
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2012-2022
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GDP PC GROWTH
13.2%CURRENT US$
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2022
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Ukraine-Finland In 2022, Ukraine exported $74.6M to Finland. The main products that Ukraine exported to Finland are Raw Furskins ($13.8M), Excavation Machinery ($4.52M), and Stranded Iron Wire ($4.46M). During the last 27 years the exports of Ukraine to Finland have increased at an annualized rate of 5.97%, from $15.6M in 1995 to $74.6M in 2022.

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

Finland-Ukraine In 2022, Finland exported $183M to Ukraine. The main products that Finland exported to Ukraine were Kaolin Coated Paper ($23.6M), Refined Petroleum ($23.1M), and Railway Cargo Containers ($9.87M). During the last 27 years the exports of Finland to Ukraine have increased at an annualized rate of 2.86%, from $85.6M in 1995 to $183M in 2022.

In 2003, Finland exported services to Ukraine worth $5.05M, with Transportation ($2.53M) and Services not allocated ($2.53M) being the largest in terms of value.

Comparison In 2022,  Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $74.6M to Finland. The main products exported from Ukraine to Finland were Raw Furskins ($13.8M), Excavation Machinery ($4.52M), and Stranded Iron Wire ($4.46M). During the last 27 years the exports of Ukraine to Finland have increased at an annualized rate of 5.97%, from $15.6M in 1995 to $74.6M in 2022.

In 2022, Finland exported $183M to Ukraine. The main products exported from Finland to Ukraine were Kaolin Coated Paper ($23.6M), Refined Petroleum ($23.1M), and Railway Cargo Containers ($9.87M). During the last 27 years the exports of Finland to Ukraine have increased at an annualized rate of 2.86%, from $85.6M in 1995 to $183M in 2022.

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

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

Latest Data

Trade between Ukraine (Flag) and Finland (Flag)

Ukraine Exports

Finland Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Finland
Top Destination
Germany$9.99B

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

In 2021, countries that imported more from Ukraine than Finland were Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

In 2021, countries that imported more from Finland than Ukraine were Sweden ($9.1B), United States ($9.17B), and Germany ($9.99B).

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

Comparative Advantage Ukraine - Finland

Flow
Scale

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

During 2022, Ukraine had a large net trade with Finland in the exports of Metals ($21.4M), Machines ($15.1M), and Animal Hides ($13.8M).

During 2022, Finland had a large net trade with Ukraine in the exports of Paper Goods ($52.5M), Mineral Products ($23.6M), and Chemical Products ($22.7M).

Service Trade

Bilateral Service Trade

In 2003, Finland exported services to Ukraine worth $5.05M, with Transportation ($2.53M) and Services not allocated ($2.53M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (Flag) to Ukraine (Flag) (2003)

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

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

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