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

About

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.

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 5.02%,  from $18.7M in 2018 to $27.7M in 2023.

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

Comparison: In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $416M in 2023.

In 2018, 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 5.02%, from $18.7M in 2023 to $27.7M in 2018.

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

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

Latest Data

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

Finland Exports

United Arab Emirates Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Finland - United Arab Emirates

Flow
Scale

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

During 2023, Finland had a large net trade with United Arab Emirates in the exports of Machines ($145M), Transportation ($121M), and Paper Goods ($41.1M).

During 2018, 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).

Potential Exports

Potential Exports

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

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 Finland and United Arab Emirates. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Finland.

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

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