2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH
103%CURRENT US$
Rnk 12 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC
$628CURRENT US$
Rnk 188 / 196
2013-2023
Flag
GDP PC GROWTH
45.5%CURRENT US$
Rnk 51 / 195

About

Finland-Democratic Republic of the Congo Trade: In 2023, Finland exported $82.3M to Democratic Republic of the Congo. The main products that Finland exported to Democratic Republic of the Congo were Copper Springs ($21.1M), Other Heating Machinery ($9.32M), and Lifting Machinery ($8.45M). Over the past 5 years the exports of Finland to Democratic Republic of the Congo have increased at an annualized rate of 25.9%, from $26M in 2018 to $82.3M in 2023.

In 2023, Finland did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Finland Trade: In 2023, Democratic Republic of the Congo exported $137k to Finland. The main products that Democratic Republic of the Congo exported to Finland were Sulfates ($134k), Liquid Pumps ($830), and Hair Products ($464). Over the past 5 years the exports of Democratic Republic of the Congo to Finland have decreased at an annualized rate of 10.5%,  from $462k in 2018 to $137k in 2023.

In 2023, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $82.3M to Democratic Republic of the Congo. The main products exported from Finland to Democratic Republic of the Congo were Copper Springs ($21.1M), Other Heating Machinery ($9.32M), and Lifting Machinery ($8.45M). During the last 5 years the exports of Finland to Democratic Republic of the Congo have increased at an annualized rate of 25.9%, from $26M in 2018 to $82.3M in 2023.

In 2018, Democratic Republic of the Congo exported $137k to Finland. The main products exported from Democratic Republic of the Congo to Finland were Sulfates ($134k), Liquid Pumps ($830), and Hair Products ($464). During the last 5 years the exports of Democratic Republic of the Congo to Finland have decreased at an annualized rate of 10.5%, from $462k in 2023 to $137k in 2018.

Exports from Finland (Flag) to Democratic Republic of the Congo (Flag) (2023)

Exports from Democratic Republic of the Congo (Flag) to Finland (Flag) (2023)

Latest Data

Trade between Finland (Flag) and Democratic Republic of the Congo (Flag)

Finland Exports

Democratic Republic of the Congo Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B

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

In 2023, countries that imported more from Finland than Democratic Republic of the Congo included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Democratic Republic of the Congo than Finland included China ($14.3B), United Arab Emirates ($1.45B), and Zambia ($182M).

Difference in imports from Democratic Republic of the Congo (Flag) and Finland (Flag) (2023)

Comparative Advantage Finland - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Finland and Democratic Republic of the Congo by product, considering products traded by both, Finland and Democratic Republic of the Congo.

During 2023, Finland had a large net trade with Democratic Republic of the Congo in the exports of Machines ($47.6M), Metals ($24.2M), and Transportation ($7.65M).

During 2018, Democratic Republic of the Congo had a large net trade with Finland in the exports of Chemical Products ($135k), Machines ($1.27k), and Stone And Glass ($323).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Democratic Republic of the Congo+$1.53MDelivery Trucks
Top Product Potential Democratic Republic of the Congo Finland+$93.6kPlastic Lids

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

Product Space of Finland (Flag) and Democratic Republic of the Congo (Flag) (2023)

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