Germany (DEU) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Germany-Finland In 2022, Germany exported $12.7B to Finland. The main products that Germany exported to Finland are Cars ($994M), Motor vehicles; parts and accessories (8701 to 8705) ($561M), and Scrap Iron ($550M). During the last 27 years the exports of Germany to Finland have increased at an annualized rate of 3.74%, from $4.69B in 1995 to $12.7B in 2022.

In 2020, Germany exported services to Finland worth $1.11B, with Other business services ($442M), Transportation ($307M), and Computer and information services ($230M) being the largest in terms of value.

Finland-Germany In 2022, Finland exported $9.99B to Germany. The main products that Finland exported to Germany were Cars ($1.75B), Large Flat-Rolled Stainless Steel ($966M), and Kaolin Coated Paper ($828M). During the last 27 years the exports of Finland to Germany have increased at an annualized rate of 2.35%, from $5.34B in 1995 to $9.99B in 2022.

In 2020, Finland exported services to Germany worth $1.69B, with Computer and information services ($588M), Other business services ($517M), and Transportation ($288M) being the largest in terms of value.

Comparison In 2022, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B).

Latest Trends

January, 2024

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Overview In January 2024, Germany exported €1B and imported €787M from Finland, resulting in a positive trade balance of €214M. Between January 2023 and January 2024 the exports of Germany have increased by €66.3M (7.1%) from €934M to €1B, while imports increased by €8.04M (1.03%) from €779M to €787M.

Trade In January 2024, the top exports of Germany to Finland were Motor cars and motor caravans (€81M), Machinery for electricity production, distribution (€60.7M), Estimations for non-response (€52.1M), Other machinery (€39.5M), and Pharmaceutical products (€32.6M). In January 2024 the top imports of Germany from Finland were Plates and sheets of iron or... (€152M), Paper and paperboard (€99.9M), Estimations for non-response (€63M), Pulp of fibres containing cellulose (€59.1M), and Machinery for electricity production, distribution (€45.3M).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€211M), Bavaria (€135M), Baden-Württemberg (€127M), Lower Saxony (€73.7M), and Hesse (€39.4M), while imports destinations were mainly North Rhine-Westphalia (€189M), Baden-Württemberg (€145M), Lower Saxony (€109M), Bavaria (€69.5M), and Hesse (€57.8M).

Growth In January 2024, the increase in Germany's year-by-year exports to Finland was explained primarily by an increase in product exports in Estimations for non-response (€51.8M or 17.8k%), Motor cars and motor caravans (€27.7M or 51.8%), and Lifting and handling equipment (€6.65M or 155%). In January 2024, the increase in Germany's year-by-year imports from Finland was explained primarily by an increase in product imports in Estimations for non-response (€39.3M or 166%), Pulp of fibres containing cellulose (€33.7M or 132%), and Paper and paperboard (€25.4M or 34.1%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€66.3M(7.1%)

IMPORT GROWTH (January 2023 - January 2024)€8.04M(1.03%)

MAIN EXPORTER (January 2024)North Rhine-Westphalia€211M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Finland and Germany trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Germany exported $12.7B to Finland. The main products exported from Germany to Finland were Cars ($994M), Motor vehicles; parts and accessories (8701 to 8705) ($561M), and Scrap Iron ($550M). During the last 27 years the exports of Germany to Finland have increased at an annualized rate of 3.74%, from $4.69B in 1995 to $12.7B in 2022.

In 2022, Finland exported $9.99B to Germany. The main products exported from Finland to Germany were Cars ($1.75B), Large Flat-Rolled Stainless Steel ($966M), and Kaolin Coated Paper ($828M). During the last 27 years the exports of Finland to Germany have increased at an annualized rate of 2.35%, from $5.34B in 1995 to $9.99B in 2022.

Exports from Germany () to Finland () (2022)

Exports from Finland () to Germany () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Germany
Top DestinationUnited States$153B

Finland
Top DestinationGermany$9.99B

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

In 2021, countries that imported more from Germany than Finland were United States ($153B), France ($120B), and China ($109B).

In 2021, countries that imported more from Finland than Germany were Estonia ($3.58B), Antigua and Barbuda ($50M), and Kiribati ($778k).

Difference in imports from Finland () and Germany () (2022)

Comparative Advantage Germany - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Germany had a large net trade with Finland in the exports of Machines ($3.81B), Transportation ($2.03B), and Metals ($1.9B).

During 2022, Finland had a large net trade with Germany in the exports of Metals ($2.36B), Transportation ($2.02B), and Machines ($1.73B).

Service Trade

Bilateral Service Trade

Fin Year

Deu Year

In 2020, Germany exported services to Finland worth $1.11B, with Other business services ($442M), Transportation ($307M), and Computer and information services ($230M) being the largest in terms of value.

In 2020, Finland exported services to Germany worth $1.69B, with Computer and information services ($588M), Other business services ($517M), and Transportation ($288M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany () to Finland () (2020)

Services Exports from Finland () to Germany () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Historical Data

Bilateral Trade by Products

Exports from Germany () to Finland () (2022)

Exports from Finland () to Germany () (2022)

Market Competitiveness

Difference in imports from Finland () and Germany () (2022)

Comparative Advantage Germany - Finland

Service Trade

Bilateral Service Trade

Services Exports from Germany () to Finland () (2020)

Services Exports from Finland () to Germany () (2020)

Economic Complexity

Competitive Landscape

Product Space of Germany () and Finland () (2022)

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