2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Finland-Brazil Trade: In 2022, Finland exported $1.1B to Brazil. The main products that Finland exported to Brazil were Mixed Mineral or Chemical Fertilizers ($233M), Steam Boilers ($149M), and Papermaking Machines ($80.4M). Over the past 5 years the exports of Finland to Brazil have increased at an annualized rate of 19.6%, from $449M in 2017 to $1.1B in 2022.

In 2020, Finland exported services to Brazil worth $270M, with Computer and information services ($159M), Other business services ($105M), and Royalties and license fees ($3.43M) being the largest in terms of value.

Brazil-Finland Trade: In 2022, Brazil exported $746M to Finland. The main products that Brazil exported to Finland were Copper Ore ($250M), Nickel Ore ($151M), and Ferroalloys ($85.6M). Over the past 5 years the exports of Brazil to Finland have increased at an annualized rate of 5.04%,  from $583M in 2017 to $746M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $1.1B to Brazil. The main products exported from Finland to Brazil were Mixed Mineral or Chemical Fertilizers ($233M), Steam Boilers ($149M), and Papermaking Machines ($80.4M). During the last 5 years the exports of Finland to Brazil have increased at an annualized rate of 19.6%, from $449M in 2017 to $1.1B in 2022.

In 2017, Brazil exported $746M to Finland. The main products exported from Brazil to Finland were Copper Ore ($250M), Nickel Ore ($151M), and Ferroalloys ($85.6M). During the last 5 years the exports of Brazil to Finland have increased at an annualized rate of 5.04%, from $583M in 2022 to $746M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Brazil (Flag)

Finland Exports

Brazil Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Brazil
Top Destination
China$90.1B

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

In 2022, countries that imported more from Finland than Brazil included Sweden ($9.1B), Estonia ($3.58B), and Germany ($9.99B).

In 2022, countries that imported more from Brazil than Finland included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Finland - Brazil

Flow
Scale

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

During 2022, Finland had a large net trade with Brazil in the exports of Machines ($506M), Chemical Products ($338M), and Transportation ($60.7M).

During 2017, Brazil had a large net trade with Finland in the exports of Mineral Products ($414M), Metals ($93.9M), and Vegetable Products ($85.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Brazil+$15.2MRefined Petroleum
Top Product Potential Brazil Finland+$6.49MRaw Sugar

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

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

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