2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$247BCURRENT US$
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2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Finland-New Zealand Trade: In 2022, Finland exported $122M to New Zealand. The main products that Finland exported to New Zealand were Pig Meat ($18M), Mixed Mineral or Chemical Fertilizers ($17.4M), and Tractors ($5.66M). Over the past 5 years the exports of Finland to New Zealand have increased at an annualized rate of 4.39%, from $98.7M in 2017 to $122M in 2022.

In 2020, Finland exported services to New Zealand worth $66.2M, with Computer and information services ($53.7M), Other business services ($5.71M), and Construction services ($4.57M) being the largest in terms of value.

New Zealand-Finland In N/A, New Zealand did not export any products to Finland.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $122M to New Zealand. The main products exported from Finland to New Zealand were Pig Meat ($18M), Mixed Mineral or Chemical Fertilizers ($17.4M), and Tractors ($5.66M). During the last 5 years the exports of Finland to New Zealand have increased at an annualized rate of 4.39%, from $98.7M in 2017 to $122M in 2022.

New Zealand does not register exports to Finland.

Exports from Finland (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Finland (Flag) (2022)

Latest Data

Trade between Finland (Flag) and New Zealand (Flag)

Finland Exports

New Zealand Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Finland than New Zealand included Germany ($9.99B), Sweden ($9.1B), and Netherlands ($5.88B).

In 2022, countries that imported more from New Zealand than Finland included China ($13.1B), Australia ($5.35B), and Indonesia ($1.33B).

Difference in imports from New Zealand (Flag) and Finland (Flag) (2022)

Comparative Advantage Finland - New Zealand

Flow
Scale

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

During 2022, Finland had a large net trade with New Zealand in the exports of Machines ($32.1M), Chemical Products ($21.6M), and Animal Products ($18.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland New Zealand+$2.99MCars
Top Product Potential New Zealand Finland+$1.37MWine

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 New Zealand. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Finland.

Product Space of Finland (Flag) and New Zealand (Flag) (2022)

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