2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Finland-Republic of the Congo Trade: In 2022, Finland exported $3.76M to Republic of the Congo. The main products that Finland exported to Republic of the Congo were Centrifuges ($1.82M), Thermostats ($477k), and Valves ($266k). Over the past 5 years the exports of Finland to Republic of the Congo have increased at an annualized rate of 39%, from $724k in 2017 to $3.76M in 2022.

In 2022, Finland did not export any services to Republic of the Congo.

Republic of the Congo-Finland Trade: In 2022, Republic of the Congo exported $3.1M to Finland. The main products that Republic of the Congo exported to Finland were Sawn Wood ($2.83M), Coffee ($244k), and Electrical Resistors ($25k). Over the past 5 years the exports of Republic of the Congo to Finland have increased at an annualized rate of 88.7%,  from $130k in 2017 to $3.1M in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $3.76M to Republic of the Congo. The main products exported from Finland to Republic of the Congo were Centrifuges ($1.82M), Thermostats ($477k), and Valves ($266k). During the last 5 years the exports of Finland to Republic of the Congo have increased at an annualized rate of 39%, from $724k in 2017 to $3.76M in 2022.

In 2017, Republic of the Congo exported $3.1M to Finland. The main products exported from Republic of the Congo to Finland were Sawn Wood ($2.83M), Coffee ($244k), and Electrical Resistors ($25k). During the last 5 years the exports of Republic of the Congo to Finland have increased at an annualized rate of 88.7%, from $130k in 2022 to $3.1M in 2017.

Exports from Finland (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Finland (Flag) (2022)

Latest Data

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

Finland Exports

Republic of the Congo Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Republic of the Congo
Top Destination
China$4.82B

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

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

In 2022, countries that imported more from Republic of the Congo than Finland included United Arab Emirates ($1.87B), India ($2.44B), and Greece ($307M).

Difference in imports from Republic of the Congo (Flag) and Finland (Flag) (2022)

Comparative Advantage Finland - Republic of the Congo

Flow
Scale

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

During 2022, Finland had a large net trade with Republic of the Congo in the exports of Machines ($2.37M), Instruments ($576k), and Transportation ($321k).

During 2017, Republic of the Congo had a large net trade with Finland in the exports of Wood Products ($2.83M), Vegetable Products ($244k), and Machines ($26.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Republic of the Congo+$367kCars
Top Product Potential Republic of the Congo Finland+$246kSawn Wood

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

Product Space of Finland (Flag) and Republic of the Congo (Flag) (2022)

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