2023
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GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
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GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
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 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
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GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
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GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
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GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
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GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Finland-Germany Trade: In 2023, Finland exported $9.26B to Germany. The main products that Finland exported to Germany were Large Flat-Rolled Stainless Steel ($1.05B), Kaolin Coated Paper ($809M), and Cars ($754M). Over the past 5 years the exports of Finland to Germany have decreased at an annualized rate of 1.71%, from $10.1B in 2018 to $9.26B in 2023.

In 2020, Finland exported services to Germany worth $1.69B, with Computer and information services ($588M), Other business services ($517M), and Transportation ($288M) being the largest in terms of value.

Germany-Finland Trade: In 2023, Germany exported $11.5B to Finland. The main products that Germany exported to Finland were Cars ($1.41B), Scrap Iron ($512M), and Motor vehicles; parts and accessories (8701 to 8705) ($434M). Over the past 5 years the exports of Germany to Finland have decreased at an annualized rate of 0.096%,  from $11.5B in 2018 to $11.5B in 2023.

In 2020, Germany exported services to Finland worth $1.11B, with Other business services ($442M), Transportation ($307M), and Computer and information services ($230M) being the largest in terms of value.

Comparison: In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $9.26B to Germany. The main products exported from Finland to Germany were Large Flat-Rolled Stainless Steel ($1.05B), Kaolin Coated Paper ($809M), and Cars ($754M). During the last 5 years the exports of Finland to Germany have decreased at an annualized rate of 1.71%, from $10.1B in 2018 to $9.26B in 2023.

In 2018, Germany exported $11.5B to Finland. The main products exported from Germany to Finland were Cars ($1.41B), Scrap Iron ($512M), and Motor vehicles; parts and accessories (8701 to 8705) ($434M). During the last 5 years the exports of Germany to Finland have decreased at an annualized rate of 0.096%, from $11.5B in 2023 to $11.5B in 2018.

Exports from Finland (Flag) to Germany (Flag) (2023)

Exports from Germany (Flag) to Finland (Flag) (2023)

Latest Data

Trade between Finland (Flag) and Germany (Flag)

Finland Exports

Germany Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Germany
Top Destination
United States$157B

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

In 2023, countries that imported more from Finland than Germany included Estonia ($2.4B), Turks and Caicos Islands ($7.81M), and Anguilla ($705k).

In 2023, countries that imported more from Germany than Finland included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany (Flag) and Finland (Flag) (2023)

Comparative Advantage Finland - Germany

Flow
Scale

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

During 2023, Finland had a large net trade with Germany in the exports of Metals ($2.46B), Machines ($1.81B), and Paper Goods ($1.52B).

During 2018, Germany had a large net trade with Finland in the exports of Machines ($3.2B), Transportation ($2.41B), and Metals ($1.74B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Germany+$164MRefined Petroleum
Top Product Potential Germany Finland+$142MCars

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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Bilateral Service Trade

In 2020, Finland exported services to Germany worth $1.69B, with Computer and information services ($588M), Other business services ($517M), and Transportation ($288M) being the largest in terms of value.

In 2020, Germany exported services to Finland worth $1.11B, with Other business services ($442M), Transportation ($307M), and Computer and information services ($230M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (Flag) to Germany (Flag) (2020)

Services Exports from Germany (Flag) to Finland (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Germany (Flag) (2023)

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