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2022
Flag → Flag
Exports $356MRnk 34 / 207
2022
Flag → Flag
Top Product $100MPassenger and Cargo Ships
2022
Flag → Flag
Exports $33.4MRnk 138 / 219
2022
Flag → Flag
Top Product $7.2MEthylene Polymers
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $356M in 2022.

In 2017, 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 2022 to $33.4M in 2017.

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

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

Latest Data

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

Finland Exports

United Arab Emirates Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
United Arab Emirates
Top DestinationIndia$51B

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

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

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

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 2022, Finland had a large net trade with United Arab Emirates in the exports of Transportation ($103M), Machines ($92M), and Paper Goods ($52M).

During 2017, 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).

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) (2022)

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