2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 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$
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About

Finland-Aruba Trade: In 2022, Finland exported $208k to Aruba. The main products that Finland exported to Aruba were Broadcasting Equipment ($83.7k), Liquid Dispersing Machines ($20.1k), and Centrifuges ($18k). Over the past 5 years the exports of Finland to Aruba have decreased at an annualized rate of 3.51%, from $249k in 2017 to $208k in 2022.

In 2022, Finland did not export any services to Aruba.

Aruba-Finland Trade: In 2022, Aruba exported $2.74k to Finland. The main products that Aruba exported to Finland were Low-voltage Protection Equipment ($2.06k), Gas and Liquid Flow Measuring Instruments ($523), and Liquid Pumps ($106). Over the past 5 years the exports of Aruba to Finland have decreased at an annualized rate of 10.7%,  from $8.48k in 2017 to $2.74k in 2022.

In 2022, Aruba did not export any services to Finland.

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $208k to Aruba. The main products exported from Finland to Aruba were Broadcasting Equipment ($83.7k), Liquid Dispersing Machines ($20.1k), and Centrifuges ($18k). During the last 5 years the exports of Finland to Aruba have decreased at an annualized rate of 3.51%, from $249k in 2017 to $208k in 2022.

In 2017, Aruba exported $2.74k to Finland. The main products exported from Aruba to Finland were Low-voltage Protection Equipment ($2.06k), Gas and Liquid Flow Measuring Instruments ($523), and Liquid Pumps ($106). During the last 5 years the exports of Aruba to Finland have decreased at an annualized rate of 10.7%, from $8.48k in 2022 to $2.74k in 2017.

Exports from Finland (Flag) to Aruba (Flag) (2022)

Exports from Aruba (Flag) to Finland (Flag) (2022)

Latest Data

Trade between Finland (Flag) and Aruba (Flag)

Finland Exports

Aruba Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Aruba
Top Destination
Colombia$49M

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

In 2022, countries that imported more from Finland than Aruba included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Aruba than Finland included Guyana ($10.4M), Curaçao ($5.8M), and Bonaire ($1.48M).

Difference in imports from Aruba (Flag) and Finland (Flag) (2022)

Comparative Advantage Finland - Aruba

Flow
Scale

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

During 2022, Finland had a large net trade with Aruba in the exports of Machines ($179k), Instruments ($14.5k), and Paper Goods ($5.71k).

During 2017, Aruba had a large net trade with Finland in the exports of Machines ($2.21k), Instruments ($523), and Chemical Products ($5).

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Aruba (Flag) (2022)

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