Finland (FIN) and Nauru (NRU) Trade | The Observatory of Economic Complexity

About

Finland-Nauru Trade: In 2009, Finland exported $6.07k to Nauru. The main products that Finland exported to Nauru were N/A. Over the past 9 years the exports of Finland to Nauru have decreased at an annualized rate of 11.8%, from $18.8k in 2000 to $6.07k in 2009.

In 2009, Finland did not export any services to Nauru.

Nauru-Finland Trade: In 2009, Nauru exported $55.3k to Finland. The main products that Nauru exported to Finland were Liquid Pumps ($42.3k), Excavation Machinery ($8.77k), and Additive manufacturing machines ($3.55k). Over the past 9 years the exports of Nauru to Finland have increased at an annualized rate of 11.1%, from $32.7k in 2000 to $55.3k in 2009.

In 2009, Nauru 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, Nauru ranked 189 in total exports ($198M), 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 2009, Finland exported $6.07k to Nauru. There were not main exports from Finland to Nauru in 2009. During the last 9 years the exports of Finland to Nauru have decreased at an annualized rate of 11.8%, from $18.8k in 2000 to $6.07k in 2009.

In 2017, Nauru exported $55.3k to Finland. The main products exported from Nauru to Finland were Liquid Pumps ($42.3k), Excavation Machinery ($8.77k), and Additive manufacturing machines ($3.55k). During the last 5 years the exports of Nauru to Finland have increased at an annualized rate of 11.1%, from $32.7k in 2022 to $55.3k in 2017.

Exports from Finland () to Nauru () (2022)

Exports from Nauru () to Finland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Nauru
Top DestinationThailand$117M

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

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

In 2022, countries that imported more from Nauru than Finland included Central African Republic ($140k).

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

Comparative Advantage Finland - Nauru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2009, Finland had a large net trade with Nauru in the exports of .

During 2017, Nauru had a large net trade with Finland in the exports of Machines ($55.2k), Textiles ($50), and Miscellaneous ($12).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Nauru () (2022)

Exports from Nauru () to Finland () (2022)

Market Competitiveness

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

Comparative Advantage Finland - Nauru

Economic Complexity

Competitive Landscape

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

Keep Exploring