2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH
25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC
$15,899CURRENT US$
Rnk 71 / 196
2013-2023
Flag
GDP PC GROWTH
24.5%CURRENT US$
Rnk 89 / 195

About

Finland-Palau Trade: In 2023, Finland exported $27.6k to Palau. The main products that Finland exported to Palau were Surveying Equipment ($22.1k) and Electrical Transformers ($5.48k). Over the past 5 years the exports of Finland to Palau have increased at an annualized rate of 22.2%, from $10.2k in 2018 to $27.6k in 2023.

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

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

In 2023, Palau 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, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $27.6k to Palau. The main products exported from Finland to Palau were Surveying Equipment ($22.1k) and Electrical Transformers ($5.48k). During the last 5 years the exports of Finland to Palau have increased at an annualized rate of 22.2%, from $10.2k in 2018 to $27.6k in 2023.

Palau does not register exports to Finland.

Exports from Finland (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to Finland (Flag) (2023)

Latest Data

Trade between Finland (Flag) and Palau (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
N/AN/A
Palau
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from Palau (Flag) and Finland (Flag) (2023)

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 2023, Finland had a large net trade with Palau in the exports of Instruments ($22.1k) and Machines ($5.48k).

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) (2023)

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