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2023
Flag → Flag
Exports $27.7MRnk 149 / 216
2023
Flag → Flag
Top Product $5.1MRaw Aluminium
2023
Flag → Flag
Exports $416MRnk 34 / 206
2023
Flag → Flag
Top Product $112MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
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GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
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GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$52,926CURRENT US$
Rnk 23 / 196
2013-2023
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GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

United Arab Emirates-Finland Trade: In 2023, United Arab Emirates exported $27.7M to Finland. The main products that United Arab Emirates exported to Finland were Raw Aluminium ($5.1M), Ethylene Polymers ($3.15M), and Sulphur ($2.44M). Over the past 5 years the exports of United Arab Emirates to Finland have increased at an annualized rate of 8.15%, from $18.7M in 2018 to $27.7M in 2023.

In 2023, United Arab Emirates did not export any services to Finland.

Finland-United Arab Emirates Trade: In 2023, Finland exported $416M to United Arab Emirates. The main products that Finland exported to United Arab Emirates were Passenger and Cargo Ships ($112M), Broadcasting Equipment ($26.7M), and Sulfate Chemical Woodpulp ($21.9M). Over the past 5 years the exports of Finland to United Arab Emirates have increased at an annualized rate of 4.52%,  from $334M in 2018 to $416M in 2023.

In 2023, Finland did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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
Value

In 2023, United Arab Emirates exported $27.7M to Finland. The main products exported from United Arab Emirates to Finland were Raw Aluminium ($5.1M), Ethylene Polymers ($3.15M), and Sulphur ($2.44M). During the last 5 years the exports of United Arab Emirates to Finland have increased at an annualized rate of 8.15%, from $18.7M in 2018 to $27.7M in 2023.

In 2018, Finland exported $416M to United Arab Emirates. The main products exported from Finland to United Arab Emirates were Passenger and Cargo Ships ($112M), Broadcasting Equipment ($26.7M), and Sulfate Chemical Woodpulp ($21.9M). During the last 5 years the exports of Finland to United Arab Emirates have increased at an annualized rate of 4.52%, from $334M in 2023 to $416M in 2018.

Exports from United Arab Emirates (Flag) to Finland (Flag) (2023)

Exports from Finland (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Finland (Flag)

United Arab Emirates Exports

Finland Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from United Arab Emirates than Finland included India ($38.2B), Japan ($37.4B), and China ($40.2B).

In 2023, countries that imported more from Finland than United Arab Emirates included Sweden ($8.13B), United States ($9.68B), and Netherlands ($5.51B).

Difference in imports from Finland (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Finland

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Finland in the exports of Machines ($8.92M), Metals ($5.63M), and Plastics and Rubbers ($4.41M).

During 2018, Finland had a large net trade with United Arab Emirates in the exports of Machines ($145M), Transportation ($121M), and Paper Goods ($41.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Finland+$5.25MEthylene Polymers
Top Product Potential Finland United Arab Emirates+$18.8MTelephones

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

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

Product Space of United Arab Emirates (Flag) and Finland (Flag) (2023)

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