2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Finland-Malaysia Trade: In 2022, Finland exported $237M to Malaysia. The main products that Finland exported to Malaysia were Raw Aluminium ($17.9M), Sulfates ($16M), and Copper Plating ($14.2M). Over the past 5 years the exports of Finland to Malaysia have increased at an annualized rate of 7.05%, from $169M in 2017 to $237M in 2022.

In 2020, Finland exported services to Malaysia worth $74.2M, with Computer and information services ($38.8M), Other business services ($16M), and Royalties and license fees ($12.6M) being the largest in terms of value.

Malaysia-Finland Trade: In 2022, Malaysia exported $436M to Finland. The main products that Malaysia exported to Finland were Integrated Circuits ($110M), Rubber ($36.4M), and Rubber Apparel ($32.5M). Over the past 5 years the exports of Malaysia to Finland have increased at an annualized rate of 18.2%,  from $189M in 2017 to $436M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $237M to Malaysia. The main products exported from Finland to Malaysia were Raw Aluminium ($17.9M), Sulfates ($16M), and Copper Plating ($14.2M). During the last 5 years the exports of Finland to Malaysia have increased at an annualized rate of 7.05%, from $169M in 2017 to $237M in 2022.

In 2017, Malaysia exported $436M to Finland. The main products exported from Malaysia to Finland were Integrated Circuits ($110M), Rubber ($36.4M), and Rubber Apparel ($32.5M). During the last 5 years the exports of Malaysia to Finland have increased at an annualized rate of 18.2%, from $189M in 2022 to $436M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Malaysia (Flag)

Finland Exports

Malaysia Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, countries that imported more from Finland than Malaysia included Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

In 2022, countries that imported more from Malaysia than Finland included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Finland - Malaysia

Flow
Scale

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

During 2022, Finland had a large net trade with Malaysia in the exports of Machines ($53.7M), Metals ($49.7M), and Chemical Products ($45.7M).

During 2017, Malaysia had a large net trade with Finland in the exports of Machines ($237M), Plastics and Rubbers ($78M), and Metals ($62.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Malaysia+$7.09MIntegrated Circuits
Top Product Potential Malaysia Finland+$36.7MIntegrated Circuits

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.

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Economic Complexity

Competitive Landscape

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

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

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