2022
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GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
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GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

United Arab Emirates-Finland Trade: In 2022, United Arab Emirates exported $33.4M to Finland. The main products that United Arab Emirates exported to Finland were Ethylene Polymers ($7.2M), Raw Aluminium ($6.65M), and Office Machine Parts ($3.88M). Over the past 5 years the exports of United Arab Emirates to Finland have increased at an annualized rate of 9.68%, from $21M in 2017 to $33.4M in 2022.

In 2022, United Arab Emirates did not export any services to Finland.

Finland-United Arab Emirates Trade: In 2022, Finland exported $356M to United Arab Emirates. The main products that Finland exported to United Arab Emirates were Passenger and Cargo Ships ($100M), Sulfate Chemical Woodpulp ($19.3M), and Machinery Having Individual Functions ($19M). Over the past 5 years the exports of Finland to United Arab Emirates have decreased at an annualized rate of 3.05%,  from $415M in 2017 to $356M in 2022.

In 2022, Finland did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $33.4M to Finland. The main products exported from United Arab Emirates to Finland were Ethylene Polymers ($7.2M), Raw Aluminium ($6.65M), and Office Machine Parts ($3.88M). During the last 5 years the exports of United Arab Emirates to Finland have increased at an annualized rate of 9.68%, from $21M in 2017 to $33.4M in 2022.

In 2017, Finland exported $356M to United Arab Emirates. The main products exported from Finland to United Arab Emirates were Passenger and Cargo Ships ($100M), Sulfate Chemical Woodpulp ($19.3M), and Machinery Having Individual Functions ($19M). During the last 5 years the exports of Finland to United Arab Emirates have decreased at an annualized rate of 3.05%, from $415M in 2022 to $356M in 2017.

Exports from United Arab Emirates (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

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

United Arab Emirates Exports

Finland Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Finland
Top Destination
Germany$9.99B

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 2022, countries that imported more from United Arab Emirates than Finland included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Finland than United Arab Emirates included Sweden ($9.1B), Germany ($9.99B), and Netherlands ($5.88B).

Difference in imports from Finland (Flag) and United Arab Emirates (Flag) (2022)

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 2022, United Arab Emirates had a large net trade with Finland in the exports of Machines ($9.04M), Plastics and Rubbers ($7.4M), and Metals ($7.09M).

During 2017, Finland had a large net trade with United Arab Emirates in the exports of Transportation ($103M), Machines ($92M), and Paper Goods ($52M).

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) (2022)

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