2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 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
$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195

About

Finland-Macau Trade: In 2023, Finland exported $3.48M to Macau. The main products that Finland exported to Macau were Trunks and Cases ($1.29M), Packaged Medicaments ($459k), and Bandages ($371k). Over the past 5 years the exports of Finland to Macau have decreased at an annualized rate of 10.9%, from $6.2M in 2018 to $3.48M in 2023.

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

Macau-Finland Trade: In 2023, Macau exported $251k to Finland. The main products that Macau exported to Finland were Antibiotics ($156k), Printed Circuit Boards ($48.1k), and Knit Sweaters ($19.3k). Over the past 5 years the exports of Macau to Finland have decreased at an annualized rate of 1.68%,  from $319k in 2018 to $251k in 2023.

In 2023, Macau 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, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $3.48M to Macau. The main products exported from Finland to Macau were Trunks and Cases ($1.29M), Packaged Medicaments ($459k), and Bandages ($371k). During the last 5 years the exports of Finland to Macau have decreased at an annualized rate of 10.9%, from $6.2M in 2018 to $3.48M in 2023.

In 2018, Macau exported $251k to Finland. The main products exported from Macau to Finland were Antibiotics ($156k), Printed Circuit Boards ($48.1k), and Knit Sweaters ($19.3k). During the last 5 years the exports of Macau to Finland have decreased at an annualized rate of 1.68%, from $319k in 2023 to $251k in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Macau (Flag)

Finland Exports

Macau Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Macau
Top Destination
Hong Kong$1.4B

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

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

In 2023, countries that imported more from Macau than Finland included Hong Kong ($1.4B) and Dominica ($23.8k).

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

Comparative Advantage Finland - Macau

Flow
Scale

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

During 2023, Finland had a large net trade with Macau in the exports of Animal Hides ($1.3M), Chemical Products ($860k), and Plastics and Rubbers ($370k).

During 2018, Macau had a large net trade with Finland in the exports of Chemical Products ($156k), Machines ($54.4k), and Textiles ($34.1k).

Economic Complexity

Competitive Landscape

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

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

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