2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH
-7.22%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$6,630CURRENT US$
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2012-2022
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GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Finland-Colombia In 2022, Finland exported $213M to Colombia. The main products that Finland exported to Colombia are Mixed Mineral or Chemical Fertilizers ($52.1M), Electric Generating Sets ($42.4M), and Kaolin Coated Paper ($26.5M). During the last 27 years the exports of Finland to Colombia have increased at an annualized rate of 4.46%, from $65.5M in 1995 to $213M in 2022.

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

Colombia-Finland In 2022, Colombia exported $205M to Finland. The main products that Colombia exported to Finland were Coal Briquettes ($98.7M), Coffee ($52.5M), and Coke ($26.5M). During the last 27 years the exports of Colombia to Finland have increased at an annualized rate of 2.5%, from $105M in 1995 to $205M in 2022.

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

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $213M to Colombia. The main products exported from Finland to Colombia were Mixed Mineral or Chemical Fertilizers ($52.1M), Electric Generating Sets ($42.4M), and Kaolin Coated Paper ($26.5M). During the last 27 years the exports of Finland to Colombia have increased at an annualized rate of 4.46%, from $65.5M in 1995 to $213M in 2022.

In 2022, Colombia exported $205M to Finland. The main products exported from Colombia to Finland were Coal Briquettes ($98.7M), Coffee ($52.5M), and Coke ($26.5M). During the last 27 years the exports of Colombia to Finland have increased at an annualized rate of 2.5%, from $105M in 1995 to $205M in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Colombia (Flag)

Finland Exports

Colombia Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Colombia
Top Destination
United States$15.6B

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

In 2021, countries that imported more from Finland than Colombia were Sweden ($9.1B), Germany ($9.99B), and Estonia ($3.58B).

In 2021, countries that imported more from Colombia than Finland were United States ($15.6B), Panama ($5.84B), and Ecuador ($1.89B).

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

Comparative Advantage Finland - Colombia

Flow
Scale

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

During 2022, Finland had a large net trade with Colombia in the exports of Chemical Products ($75.7M), Machines ($67.1M), and Paper Goods ($47.9M).

During 2022, Colombia had a large net trade with Finland in the exports of Mineral Products ($125M), Vegetable Products ($55.2M), and Metals ($21.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Finland has comparative advantage over Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Finland.

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

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