Finland (FIN) and Uganda (UGA) Trade | The Observatory of Economic Complexity

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Finland-Uganda Trade: In 2023, Finland exported $6.71M to Uganda. The main products that Finland exported to Uganda were Kraft Paper ($3.89M), Enzymes ($452k), and Fork-Lifts ($429k). Over the past 5 years the exports of Finland to Uganda have increased at an annualized rate of 1.26%, from $6.3M in 2018 to $6.71M in 2023.

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

Uganda-Finland Trade: In 2023, Uganda exported $8.23M to Finland. The main products that Uganda exported to Finland were Coffee ($7.86M), Other Vegetables ($109k), and Other live plants, cuttings and slips; mushroom spawn ($76.3k). Over the past 5 years the exports of Uganda to Finland have increased at an annualized rate of 9.61%, from $5.21M in 2018 to $8.23M in 2023.

In 2023, Uganda 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, Uganda ranked 91 in the Economic Complexity Index (ECI -0.62), and 116 in total exports ($7.12B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $6.71M to Uganda. The main products exported from Finland to Uganda were Kraft Paper ($3.89M), Enzymes ($452k), and Fork-Lifts ($429k). During the last 5 years the exports of Finland to Uganda have increased at an annualized rate of 1.26%, from $6.3M in 2018 to $6.71M in 2023.

In 2018, Uganda exported $8.23M to Finland. The main products exported from Uganda to Finland were Coffee ($7.86M), Other Vegetables ($109k), and Other live plants, cuttings and slips; mushroom spawn ($76.3k). During the last 5 years the exports of Uganda to Finland have increased at an annualized rate of 9.61%, from $5.21M in 2023 to $8.23M in 2018.

Exports from Finland () to Uganda () (2023)

Exports from Uganda () to Finland () (2023)

Latest Data

Trade between Finland () and Uganda ()

Finland Exports

Date

Uganda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Uganda
Top DestinationIndia$1.5B

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

In 2023, countries that imported more from Finland than Uganda included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Uganda than Finland included United Arab Emirates ($1.13B), Hong Kong ($727M), and South Sudan ($536M).

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

Comparative Advantage Finland - Uganda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Uganda in the exports of Paper Goods ($3.92M), Machines ($1.19M), and Chemical Products ($788k).

During 2018, Uganda had a large net trade with Finland in the exports of Vegetable Products ($8.14M), Machines ($45.7k), and Foodstuffs ($39.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Uganda+$324kStone Processing Machines

Top Product Potential Uganda Finland+$3.08MCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Uganda () (2023)

Exports from Uganda () to Finland () (2023)

Latest Data

Trade between Finland () and Uganda ()

Finland Exports

Uganda Exports

Market Competitiveness

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

Comparative Advantage Finland - Uganda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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