Finland (FIN) and Burundi (BDI) Trade | The Observatory of Economic Complexity

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Finland-Burundi Trade: In 2022, Finland exported $580k to Burundi. The main products that Finland exported to Burundi were Stone Processing Machines ($333k), Brochures ($142k), and Delivery Trucks ($59k). Over the past 5 years the exports of Finland to Burundi have decreased at an annualized rate of 3.42%, from $691k in 2017 to $580k in 2022.

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

Burundi-Finland Trade: In 2022, Burundi exported $1.48M to Finland. The main products that Burundi exported to Finland were Coffee ($1.48M) and Electric Soldering Equipment ($26). Over the past 5 years the exports of Burundi to Finland have increased at an annualized rate of 9.41%, from $941k in 2017 to $1.48M in 2022.

In 2022, Burundi 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, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $580k to Burundi. The main products exported from Finland to Burundi were Stone Processing Machines ($333k), Brochures ($142k), and Delivery Trucks ($59k). During the last 5 years the exports of Finland to Burundi have decreased at an annualized rate of 3.42%, from $691k in 2017 to $580k in 2022.

In 2017, Burundi exported $1.48M to Finland. The main products exported from Burundi to Finland were Coffee ($1.48M) and Electric Soldering Equipment ($26). During the last 5 years the exports of Burundi to Finland have increased at an annualized rate of 9.41%, from $941k in 2022 to $1.48M in 2017.

Exports from Finland () to Burundi () (2022)

Exports from Burundi () to Finland () (2022)

Latest Data

Trade between Finland () and Burundi ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Burundi
Top DestinationUnited Arab Emirates$59.9M

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

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

In 2022, countries that imported more from Burundi than Finland included Sudan ($9.21M), North Korea ($49.3k), and Somalia ($383k).

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

Comparative Advantage Finland - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Burundi in the exports of Machines ($335k), Paper Goods ($142k), and Transportation ($59.4k).

During 2017, Burundi had a large net trade with Finland in the exports of Vegetable Products ($1.48M) and Machines ($26).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Burundi+$82.6kDelivery Trucks

Top Product Potential Burundi Finland+$668kCoffee

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Burundi () (2022)

Exports from Burundi () to Finland () (2022)

Latest Data

Trade between Finland () and Burundi ()

Finland Exports

Market Competitiveness

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

Comparative Advantage Finland - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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