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2022
Flag → Flag
Exports $2.87MRnk 131 / 207
2022
Flag → Flag
Top Product $456kIron Structures
2022
Flag → Flag
Exports $477kRnk 40 / 112
2022
Flag → Flag
Top Product $324kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
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GDP GROWTH20.3%CURRENT US$
Rnk 122 / 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$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

Finland-Bahamas Trade: In 2022, Finland exported $2.87M to Bahamas. The main products that Finland exported to Bahamas were Iron Structures ($456k), Electrical Control Boards ($315k), and Additive manufacturing machines ($164k). Over the past 5 years the exports of Finland to Bahamas have decreased at an annualized rate of 35.6%, from $25.8M in 2017 to $2.87M in 2022.

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

Bahamas-Finland Trade: In 2022, Bahamas exported $477k to Finland. The main products that Bahamas exported to Finland were Hard Liquor ($324k), Ethylene Polymers ($38.2k), and Large Coated Flat-Rolled Iron ($29.2k). Over the past 5 years the exports of Bahamas to Finland have decreased at an annualized rate of 24.9%,  from $2M in 2017 to $477k in 2022.

In 2022, Bahamas 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, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $2.87M to Bahamas. The main products exported from Finland to Bahamas were Iron Structures ($456k), Electrical Control Boards ($315k), and Additive manufacturing machines ($164k). During the last 5 years the exports of Finland to Bahamas have decreased at an annualized rate of 35.6%, from $25.8M in 2017 to $2.87M in 2022.

In 2017, Bahamas exported $477k to Finland. The main products exported from Bahamas to Finland were Hard Liquor ($324k), Ethylene Polymers ($38.2k), and Large Coated Flat-Rolled Iron ($29.2k). During the last 5 years the exports of Bahamas to Finland have decreased at an annualized rate of 24.9%, from $2M in 2022 to $477k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Bahamas (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Bahamas
Top DestinationUnited States$1.4B

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

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

In 2022, countries that imported more from Bahamas than Finland included Cote d'Ivoire ($576M), Barbados ($30M), and Seychelles ($20.5M).

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

Comparative Advantage Finland - Bahamas

Flow
Scale

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

During 2022, Finland had a large net trade with Bahamas in the exports of Machines ($1.57M), Metals ($725k), and Plastics and Rubbers ($160k).

During 2017, Bahamas had a large net trade with Finland in the exports of Foodstuffs ($324k), Machines ($52.9k), and Metals ($49.2k).

Economic Complexity

Competitive Landscape

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

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

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