2021
Flag  
GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
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GDP GROWTH
49.5%CURRENT US$
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2021
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 GDP
$296BCURRENT US$
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2011-2021
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GDP GROWTH
7.54%CURRENT US$
Rnk 152 / 204
2021
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GDP PC 
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204
2021
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GDP PC
$53,490CURRENT US$
Rnk 22 / 204
2011-2021
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GDP PC GROWTH
4.58%CURRENT US$
Rnk 131 / 204

About

United States-Finland In 2021, United States exported $2.23B to Finland. The main products that United States exported to Finland are Acyclic Hydrocarbons ($160M), Cars ($123M), and Petroleum Gas ($112M). During the last 26 years the exports of United States to Finland have increased at an annualized rate of 0.86%, from $1.78B in 1995 to $2.23B in 2021.

In 2017, United States exported services to Finland worth $2.31B, with Other business services ($755M), Royalties and license fees ($482M), and Travel ($444M) being the largest in terms of value.

Finland-United States In 2021, Finland exported $6.27B to United States. The main products that Finland exported to United States were Refined Petroleum ($695M), Kaolin Coated Paper ($657M), and Special Pharmaceuticals ($493M). During the last 26 years the exports of Finland to United States have increased at an annualized rate of 3.25%, from $2.73B in 1995 to $6.27B in 2021.

In 2020, Finland exported services to United States worth $4.86B, with Computer and information services ($3.39B), Royalties and license fees ($841M), and Other business services ($505M) being the largest in terms of value.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.42), and 43 in total exports ($83.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United States exported $2.23B to Finland. The main products exported from United States to Finland were Acyclic Hydrocarbons ($160M), Cars ($123M), and Petroleum Gas ($112M). During the last 26 years the exports of United States to Finland have increased at an annualized rate of 0.86%, from $1.78B in 1995 to $2.23B in 2021.

In 2021, Finland exported $6.27B to United States. The main products exported from Finland to United States were Refined Petroleum ($695M), Kaolin Coated Paper ($657M), and Special Pharmaceuticals ($493M). During the last 26 years the exports of Finland to United States have increased at an annualized rate of 3.25%, from $2.73B in 1995 to $6.27B in 2021.

Exports from United States (Flag) to Finland (Flag) (2021)

Exports from Finland (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top Destination
Canada$259B
Finland
Top Destination
Germany$10.4B

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

In 2021, countries that imported more from United States than Finland were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Finland than United States were Sweden ($7.85B), Estonia ($2.6B), and Latvia ($768M).

Difference in imports from Finland (Flag) and United States (Flag) (2021)

Comparative Advantage United States - Finland

Flow
Scale

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

During 2021, United States had a large net trade with Finland in the exports of Machines ($522M), Chemical Products ($426M), and Mineral Products ($328M).

During 2021, Finland had a large net trade with United States in the exports of Machines ($1.42B), Chemical Products ($1.1B), and Paper Goods ($992M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Finland worth $2.31B, with Other business services ($755M), Royalties and license fees ($482M), and Travel ($444M) being the largest in terms of value.

In 2020, Finland exported services to United States worth $4.86B, with Computer and information services ($3.39B), Royalties and license fees ($841M), and Other business services ($505M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Finland (Flag) (2017)

Services Exports from Finland (Flag) to United States (Flag) (2020)

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

Product Space of United States (Flag) and Finland (Flag) (2021)

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