Zambia (ZMB) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Zambia-Finland Trade: In 2023, Zambia exported $280k to Finland. The main products that Zambia exported to Finland were Coffee ($223k), Other Fruits ($30.3k), and Other Non-Knit Clothing Accessories ($9.22k). Over the past 5 years the exports of Zambia to Finland have decreased at an annualized rate of 25.6%, from $1.23M in 2018 to $280k in 2023.

In 2023, Zambia did not export any services to Finland.

Finland-Zambia Trade: In 2023, Finland exported $49.6M to Zambia. The main products that Finland exported to Zambia were Cellulose ($11.8M), Cellulose Fibers Paper ($6.65M), and Other Construction Vehicles ($5.01M). Over the past 5 years the exports of Finland to Zambia have decreased at an annualized rate of 3.85%, from $60.4M in 2018 to $49.6M in 2023.

In 2023, Finland did not export any services to Zambia.

Comparison: In 2023, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Zambia exported $280k to Finland. The main products exported from Zambia to Finland were Coffee ($223k), Other Fruits ($30.3k), and Other Non-Knit Clothing Accessories ($9.22k). During the last 5 years the exports of Zambia to Finland have decreased at an annualized rate of 25.6%, from $1.23M in 2018 to $280k in 2023.

In 2018, Finland exported $49.6M to Zambia. The main products exported from Finland to Zambia were Cellulose ($11.8M), Cellulose Fibers Paper ($6.65M), and Other Construction Vehicles ($5.01M). During the last 5 years the exports of Finland to Zambia have decreased at an annualized rate of 3.85%, from $60.4M in 2023 to $49.6M in 2018.

Exports from Zambia () to Finland () (2023)

Exports from Finland () to Zambia () (2023)

Latest Data

Trade between Zambia () and Finland ()

Zambia Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.26B

Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Zambia than Finland included Switzerland ($4.26B), Democratic Republic of the Congo ($1.6B), and United Arab Emirates ($1.84B).

In 2023, countries that imported more from Finland than Zambia included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

Difference in imports from Finland () and Zambia () (2023)

Comparative Advantage Zambia - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zambia had a large net trade with Finland in the exports of Vegetable Products ($257k), Textiles ($11.9k), and Footwear and Headwear ($3.4k).

During 2018, Finland had a large net trade with Zambia in the exports of Machines ($18.5M), Plastics and Rubbers ($16.2M), and Paper Goods ($7.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia Finland+$1.05MNickel Ore

Top Product Potential Finland Zambia+$950kMixed Mineral or Chemical Fertilizers

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

About

Historical Data

Bilateral Trade by Products

Exports from Zambia () to Finland () (2023)

Exports from Finland () to Zambia () (2023)

Latest Data

Trade between Zambia () and Finland ()

Zambia Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Zambia () (2023)

Comparative Advantage Zambia - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zambia () and Finland () (2023)

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