2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 195
2023
Flag
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
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Finland-Egypt Trade: In 2023, Finland exported $518M to Egypt. The main products that Finland exported to Egypt were Sawn Wood ($185M), Kaolin Coated Paper ($50.2M), and Semi chemical Woodpulp ($45.3M). Over the past 5 years the exports of Finland to Egypt have decreased at an annualized rate of 2.2%, from $579M in 2018 to $518M in 2023.

In 2020, Finland exported services to Egypt worth $13.7M, with Transportation ($5.71M), Royalties and license fees ($5.71M), and Other business services ($2.28M) being the largest in terms of value.

Egypt-Finland Trade: In 2023, Egypt exported $67M to Finland. The main products that Egypt exported to Finland were Carbon ($13.8M), Citrus ($7.38M), and Salt ($7.31M). Over the past 5 years the exports of Egypt to Finland have increased at an annualized rate of 11.7%,  from $38.5M in 2018 to $67M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $518M to Egypt. The main products exported from Finland to Egypt were Sawn Wood ($185M), Kaolin Coated Paper ($50.2M), and Semi chemical Woodpulp ($45.3M). During the last 5 years the exports of Finland to Egypt have decreased at an annualized rate of 2.2%, from $579M in 2018 to $518M in 2023.

In 2018, Egypt exported $67M to Finland. The main products exported from Egypt to Finland were Carbon ($13.8M), Citrus ($7.38M), and Salt ($7.31M). During the last 5 years the exports of Egypt to Finland have increased at an annualized rate of 11.7%, from $38.5M in 2023 to $67M in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Egypt (Flag)

Finland Exports

Egypt Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Egypt
Top Destination
Saudi Arabia$5.31B

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

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

In 2023, countries that imported more from Egypt than Finland included Saudi Arabia ($5.31B), Turkey ($4.63B), and United Arab Emirates ($2.43B).

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

Comparative Advantage Finland - Egypt

Flow
Scale

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

During 2023, Finland had a large net trade with Egypt in the exports of Wood Products ($196M), Paper Goods ($183M), and Machines ($101M).

During 2018, Egypt had a large net trade with Finland in the exports of Chemical Products ($22.4M), Vegetable Products ($16.1M), and Textiles ($9.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Egypt+$7.99MKaolin Coated Paper
Top Product Potential Egypt Finland+$24.3MPetroleum Gas

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

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

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