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

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Finland-Kiribati Trade: In 2022, Finland exported $778k to Kiribati. The main products that Finland exported to Kiribati were Cars ($717k), Surveying Equipment ($49.9k), and Refrigerators ($11k). Over the past 5 years the exports of Finland to Kiribati have increased at an annualized rate of 56.5%, from $82.9k in 2017 to $778k in 2022.

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

Kiribati-Finland Trade: In 2022, Kiribati exported $790 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 24.1%, from $3.14k in 2017 to $790 in 2022.

In 2022, Kiribati 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, Kiribati ranked 195 in total exports ($115M), 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 2022, Finland exported $778k to Kiribati. The main products exported from Finland to Kiribati were Cars ($717k), Surveying Equipment ($49.9k), and Refrigerators ($11k). During the last 5 years the exports of Finland to Kiribati have increased at an annualized rate of 56.5%, from $82.9k in 2017 to $778k in 2022.

In 2016, Kiribati exported $790 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 24.1%, from $3.14k in 2021 to $790 in 2016.

Exports from Finland () to Kiribati () (2022)

Exports from Kiribati () to Finland () (2022)

Latest Data

Trade between Finland () and Kiribati ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Kiribati
Top DestinationThailand$63.2M

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.

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

In 2022, countries that imported more from Kiribati than Finland included Fiji ($1.94M).

Difference in imports from Kiribati () and Finland () (2022)

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 2022, Finland had a large net trade with Kiribati in the exports of Transportation ($717k), Instruments ($49.9k), and Machines ($11k).

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 () (2022)

Exports from Kiribati () to Finland () (2022)

Latest Data

Trade between Finland () and Kiribati ()

Finland Exports

Market Competitiveness

Difference in imports from Kiribati () and Finland () (2022)

Comparative Advantage Finland - Kiribati

Economic Complexity

Competitive Landscape

Product Space of Finland () and Kiribati () (2022)

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