Sign In
Pricing

2022
Flag → Flag
Exports $35.2MRnk 87 / 207
2022
Flag → Flag
Top Product $22.6MElectric Generating Sets
2022
Flag → Flag
Exports $20.9kRnk 80 / 101
2022
Flag → Flag
Top Product $10kSurveying Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Finland-Iraq Trade: In 2022, Finland exported $35.2M to Iraq. The main products that Finland exported to Iraq were Electric Generating Sets ($22.6M), Electric Motor Parts ($2.47M), and Sawn Wood ($1.65M). Over the past 5 years the exports of Finland to Iraq have increased at an annualized rate of 28.6%, from $10M in 2017 to $35.2M in 2022.

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

Iraq-Finland Trade: In 2022, Iraq exported $20.9k to Finland. The main products that Iraq exported to Finland were Surveying Equipment ($10k), Broadcasting Equipment ($1.94k), and Electric Motor Parts ($1.34k). Over the past 5 years the exports of Iraq to Finland have decreased at an annualized rate of 4.69%,  from $26.5k in 2017 to $20.9k in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Latest Data

Trade between Finland (Flag) and Iraq (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Finland than Iraq included Sweden ($9.1B), Germany ($9.99B), and Estonia ($3.58B).

In 2022, countries that imported more from Iraq than Finland included India ($38.8B), China ($34B), and South Korea ($8.21B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Iraq+$2.51MTelephones
Top Product Potential Iraq Finland+$14.9kTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Iraq (Flag) (NaN)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms