Egypt (EGY) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Egypt-Finland Trade: In 2023, Egypt exported $67M to Finland. The main products that Egypt exported to Finland were Carbon ($13.8M), Citrus ($7.38M), and Salt ($7.31M). Over the past 5 years the exports of Egypt to Finland have increased at an annualized rate of 11.7%, from $38.5M in 2018 to $67M in 2023.

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

Finland-Egypt Trade: In 2023, Finland exported $518M to Egypt. The main products that Finland exported to Egypt were Sawn Wood ($185M), Kaolin Coated Paper ($50.2M), and Semi chemical Woodpulp ($45.3M). Over the past 5 years the exports of Finland to Egypt have decreased at an annualized rate of 2.2%, from $579M in 2018 to $518M in 2023.

In 2020, Finland exported services to Egypt worth $13.7M, with Transportation ($5.71M), Royalties and license fees ($5.71M), and Other business services ($2.28M) being the largest in terms of value.

Comparison: In 2023, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B). 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, Egypt exported $67M to Finland. The main products exported from Egypt to Finland were Carbon ($13.8M), Citrus ($7.38M), and Salt ($7.31M). During the last 5 years the exports of Egypt to Finland have increased at an annualized rate of 11.7%, from $38.5M in 2018 to $67M in 2023.

In 2018, Finland exported $518M to Egypt. The main products exported from Finland to Egypt were Sawn Wood ($185M), Kaolin Coated Paper ($50.2M), and Semi chemical Woodpulp ($45.3M). During the last 5 years the exports of Finland to Egypt have decreased at an annualized rate of 2.2%, from $579M in 2023 to $518M in 2018.

Exports from Egypt () to Finland () (2023)

Exports from Finland () to Egypt () (2023)

Latest Data

Trade between Egypt () and Finland ()

Egypt Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Egypt than Finland included Saudi Arabia ($5.31B), Turkey ($4.63B), and United Arab Emirates ($2.43B).

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

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

Comparative Advantage Egypt - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Finland in the exports of Chemical Products ($22.4M), Vegetable Products ($16.1M), and Textiles ($9.64M).

During 2018, Finland had a large net trade with Egypt in the exports of Wood Products ($196M), Paper Goods ($183M), and Machines ($101M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Finland+$24.3MPetroleum Gas

Top Product Potential Finland Egypt+$7.99MKaolin Coated Paper

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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Bilateral Service Trade

Fin Year

In 2020, Finland exported services to Egypt worth $13.7M, with Transportation ($5.71M), Royalties and license fees ($5.71M), and Other business services ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Egypt () to Finland () (2023)

Exports from Finland () to Egypt () (2023)

Latest Data

Trade between Egypt () and Finland ()

Egypt Exports

Finland Exports

Market Competitiveness

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

Comparative Advantage Egypt - Finland

Potential Exports

Potential Exports

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Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

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

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