2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
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About

Finland-Palau Trade: In 2022, Finland exported $76.8k to Palau. The main products that Finland exported to Palau were Chemical Analysis Instruments ($73.1k) and Surveying Equipment ($3.77k). Over the past 5 years the exports of Finland to Palau have increased at an annualized rate of 8.78%, from $50.5k in 2017 to $76.8k in 2022.

In 2022, Finland did not export any services to Palau.

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

In 2022, Palau 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, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $76.8k to Palau. The main products exported from Finland to Palau were Chemical Analysis Instruments ($73.1k) and Surveying Equipment ($3.77k). During the last 5 years the exports of Finland to Palau have increased at an annualized rate of 8.78%, from $50.5k in 2017 to $76.8k in 2022.

Palau does not register exports to Finland. The main products exported from Palau to Finland were Chemical Analysis Instruments ($20k).

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

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

Latest Data

Trade between Finland (Flag) and Palau (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Palau
Top Destination
Greece$2.11M

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

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

In 2022, no countries were registered that imported more from Palau than from Finland.

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

Comparative Advantage Finland - Palau

Flow
Scale

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

During 2022, Finland had a large net trade with Palau in the exports of Instruments ($76.8k).

Economic Complexity

Competitive Landscape

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

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

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