2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$427MCURRENT US$
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2012-2022
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GDP GROWTH
30.5%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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2022
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GDP PC
$3,741CURRENT US$
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2012-2022
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GDP PC GROWTH
23.7%CURRENT US$
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About

Finland-Micronesia Trade: In 2022, Finland exported $3.09k to Micronesia. The main products that Finland exported to Micronesia were Oscilloscopes ($3.09k). Over the past 11 years the exports of Finland to Micronesia have decreased at an annualized rate of 21.1%, from $42.2k in 2011 to $3.09k in 2022.

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

Micronesia-Finland In N/A, Micronesia did not export any products to Finland.

In 2022, Micronesia 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, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $3.09k to Micronesia. The main products exported from Finland to Micronesia were Oscilloscopes ($3.09k). During the last 11 years the exports of Finland to Micronesia have decreased at an annualized rate of 21.1%, from $42.2k in 2011 to $3.09k in 2022.

Micronesia does not register exports to Finland. The main products exported from Micronesia to Finland were Non-Knit Women's Suits ($2.54k), Non-Knit Women's Shirts ($301), and Other Rubber Products ($4).

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

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

Latest Data

Trade between Finland (Flag) and Micronesia (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Micronesia
Top Destination
Thailand$143M

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

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

In 2022, countries that imported more from Micronesia than Finland included Fiji ($1.5M).

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

Comparative Advantage Finland - Micronesia

Flow
Scale

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

During 2022, Finland had a large net trade with Micronesia in the exports of Instruments ($3.09k).

Economic Complexity

Competitive Landscape

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

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

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