2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Finland-Algeria Trade: In 2022, Finland exported $140M to Algeria. The main products that Finland exported to Algeria were Sawn Wood ($76.4M), Uncoated Paper ($14.1M), and Sulfate Chemical Woodpulp ($12.6M). Over the past 5 years the exports of Finland to Algeria have decreased at an annualized rate of 2.46%, from $159M in 2017 to $140M in 2022.

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

Algeria-Finland Trade: In 2022, Algeria exported $2.26M to Finland. The main products that Algeria exported to Finland were Nitrogenous Fertilizers ($2.16M), Other Large Iron Pipes ($43.4k), and Tropical Fruits ($25.1k). Over the past 5 years the exports of Algeria to Finland have increased at an annualized rate of 21.6%,  from $45.2k in 2017 to $2.26M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $140M to Algeria. The main products exported from Finland to Algeria were Sawn Wood ($76.4M), Uncoated Paper ($14.1M), and Sulfate Chemical Woodpulp ($12.6M). During the last 5 years the exports of Finland to Algeria have decreased at an annualized rate of 2.46%, from $159M in 2017 to $140M in 2022.

In 2017, Algeria exported $2.26M to Finland. The main products exported from Algeria to Finland were Nitrogenous Fertilizers ($2.16M), Other Large Iron Pipes ($43.4k), and Tropical Fruits ($25.1k). During the last 5 years the exports of Algeria to Finland have increased at an annualized rate of 21.6%, from $45.2k in 2022 to $2.26M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Algeria (Flag)

Finland Exports

Algeria Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Algeria
Top Destination
Italy$16.9B

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

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

In 2022, countries that imported more from Algeria than Finland included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Finland - Algeria

Flow
Scale

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

During 2022, Finland had a large net trade with Algeria in the exports of Wood Products ($76.4M), Paper Goods ($40.1M), and Machines ($15.8M).

During 2017, Algeria had a large net trade with Finland in the exports of Chemical Products ($2.18M), Metals ($43.4k), and Vegetable Products ($25.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Algeria+$4.46MKaolin Coated Paper
Top Product Potential Algeria Finland+$2.06MNitrogenous Fertilizers

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

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

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