2023
Flag  
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
$4.1BCURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 14 / 195
2023
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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
$3,555CURRENT US$
Rnk 137 / 196
2013-2023
Flag
GDP PC GROWTH
71.4%CURRENT US$
Rnk 25 / 195

About

Finland-Djibouti Trade: In 2023, Finland exported $14.1M to Djibouti. The main products that Finland exported to Djibouti were Electric Generating Sets ($11.5M), Documents of title (bonds etc) and unused stamps ($1.04M), and Other Construction Vehicles ($651k). Over the past 5 years the exports of Finland to Djibouti have increased at an annualized rate of 132%, from $210k in 2018 to $14.1M in 2023.

In 2023, Finland did not export any services to Djibouti.

Djibouti-Finland Trade: In 2023, Djibouti exported $74.5k to Finland. The main products that Djibouti exported to Finland were Motor-working Tools ($73.6k) and Other Hand Tools ($960). Over the past 5 years the exports of Djibouti to Finland have increased at an annualized rate of 240%,  from $163 in 2018 to $74.5k in 2023.

In 2023, Djibouti 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, Djibouti ranked 135 in total exports ($4.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $14.1M to Djibouti. The main products exported from Finland to Djibouti were Electric Generating Sets ($11.5M), Documents of title (bonds etc) and unused stamps ($1.04M), and Other Construction Vehicles ($651k). During the last 5 years the exports of Finland to Djibouti have increased at an annualized rate of 132%, from $210k in 2018 to $14.1M in 2023.

In 2018, Djibouti exported $74.5k to Finland. The main products exported from Djibouti to Finland were Motor-working Tools ($73.6k) and Other Hand Tools ($960). During the last 5 years the exports of Djibouti to Finland have increased at an annualized rate of 240%, from $163 in 2023 to $74.5k in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Djibouti (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Djibouti
Top Destination
Ethiopia$3.22B

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

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

In 2023, countries that imported more from Djibouti than Finland included Ethiopia ($3.22B), Yemen ($66M), and Somalia ($53.7M).

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

Comparative Advantage Finland - Djibouti

Flow
Scale

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

During 2023, Finland had a large net trade with Djibouti in the exports of Machines ($12.5M), Paper Goods ($1.04M), and Metals ($213k).

During 2018, Djibouti had a large net trade with Finland in the exports of Machines ($73.6k) and Metals ($960).

Economic Complexity

Competitive Landscape

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

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

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