Finland (FIN) and Pakistan (PAK) Trade | The Observatory of Economic Complexity

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Finland-Pakistan Trade: In 2023, Finland exported $70.1M to Pakistan. The main products that Finland exported to Pakistan were Scrap Iron ($16.4M), Sulfate Chemical Woodpulp ($7.15M), and Kaolin Coated Paper ($6.58M). Over the past 5 years the exports of Finland to Pakistan have decreased at an annualized rate of 12.6%, from $138M in 2018 to $70.1M in 2023.

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

Pakistan-Finland Trade: In 2023, Pakistan exported $73.6M to Finland. The main products that Pakistan exported to Finland were House Linens ($26.3M), Non-Knit Men's Suits ($8.56M), and Leather Apparel ($6.87M). Over the past 5 years the exports of Pakistan to Finland have increased at an annualized rate of 2.4%, from $65.4M in 2018 to $73.6M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $70.1M to Pakistan. The main products exported from Finland to Pakistan were Scrap Iron ($16.4M), Sulfate Chemical Woodpulp ($7.15M), and Kaolin Coated Paper ($6.58M). During the last 5 years the exports of Finland to Pakistan have decreased at an annualized rate of 12.6%, from $138M in 2018 to $70.1M in 2023.

In 2018, Pakistan exported $73.6M to Finland. The main products exported from Pakistan to Finland were House Linens ($26.3M), Non-Knit Men's Suits ($8.56M), and Leather Apparel ($6.87M). During the last 5 years the exports of Pakistan to Finland have increased at an annualized rate of 2.4%, from $65.4M in 2023 to $73.6M in 2018.

Exports from Finland () to Pakistan () (2023)

Exports from Pakistan () to Finland () (2023)

Latest Data

Trade between Finland () and Pakistan ()

Finland Exports

Date

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Finland than Pakistan included Sweden ($8.13B), Germany ($9.26B), and Netherlands ($5.51B).

In 2023, countries that imported more from Pakistan than Finland included United Arab Emirates ($3.7B), Afghanistan ($969M), and Bangladesh ($690M).

Difference in imports from Pakistan () and Finland () (2023)

Comparative Advantage Finland - Pakistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Pakistan in the exports of Metals ($23.4M), Paper Goods ($17.2M), and Machines ($14.7M).

During 2018, Pakistan had a large net trade with Finland in the exports of Textiles ($57.9M), Animal Hides ($7.38M), and Miscellaneous ($2.96M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Pakistan+$6.2MKaolin Coated Paper

Top Product Potential Pakistan Finland+$7.63MNon-Knit Men's Suits

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Pakistan () (2023)

Exports from Pakistan () to Finland () (2023)

Latest Data

Trade between Finland () and Pakistan ()

Finland Exports

Pakistan Exports

Market Competitiveness

Difference in imports from Pakistan () and Finland () (2023)

Comparative Advantage Finland - Pakistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Pakistan () (2023)

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