Finland (FIN) and Kiribati (KIR) Trade | The Observatory of Economic Complexity

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Finland-Kiribati Trade: In 2023, Finland exported $242k to Kiribati. The main products that Finland exported to Kiribati were Centrifuges ($181k), Surveying Equipment ($54.7k), and Iron Pipe Fittings ($2.38k). Over the past 5 years the exports of Finland to Kiribati have increased at an annualized rate of 39.6%, from $45.7k in 2018 to $242k in 2023.

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

Kiribati-Finland Trade: In 2023, Kiribati exported $820 to Finland. The main products that Kiribati exported to Finland were N/A. Over the past 5 years the exports of Kiribati to Finland have decreased at an annualized rate of 23.5%, from $3.14k in 2018 to $820 in 2023.

In 2023, Kiribati 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, Kiribati ranked 197 in total exports ($83.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $242k to Kiribati. The main products exported from Finland to Kiribati were Centrifuges ($181k), Surveying Equipment ($54.7k), and Iron Pipe Fittings ($2.38k). During the last 5 years the exports of Finland to Kiribati have increased at an annualized rate of 39.6%, from $45.7k in 2018 to $242k in 2023.

In 2016, Kiribati exported $820 to Finland. There were not main exports from Kiribati to Finland in 2016. During the last 5 years the exports of Kiribati to Finland have decreased at an annualized rate of 23.5%, from $3.14k in 2021 to $820 in 2016.

Exports from Finland () to Kiribati () (2023)

Exports from Kiribati () to Finland () (2023)

Latest Data

Trade between Finland () and Kiribati ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationN/AN/A

Kiribati
Top DestinationN/AN/A

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

N/A

Difference in imports from Kiribati () and Finland () (2023)

Comparative Advantage Finland - Kiribati

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Kiribati in the exports of Machines ($183k), Instruments ($57.5k), and Metals ($2.38k).

During 2016, Kiribati had a large net trade with Finland in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Kiribati () (2023)

Exports from Kiribati () to Finland () (2023)

Latest Data

Trade between Finland () and Kiribati ()

Finland Exports

Market Competitiveness

Difference in imports from Kiribati () and Finland () (2023)

Comparative Advantage Finland - Kiribati

Economic Complexity

Competitive Landscape

Product Space of Finland () and Kiribati () (2023)

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