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Pricing

2022
Flag → Flag
Exports $4.41MRnk 123 / 207
2022
Flag → Flag
Top Product $2.55MKraft Paper
2022
Flag → Flag
Exports $6.82MRnk 37 / 127
2022
Flag → Flag
Top Product $6.57MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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Economic Complexity (ECI) ECI -0.85Rnk 105 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
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GDP GROWTH66.8%CURRENT US$
Rnk 32 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$964CURRENT US$
Rnk 170 / 186
2012-2022
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GDP PC GROWTH21%CURRENT US$
Rnk 83 / 186

About

Finland-Uganda Trade: In 2022, Finland exported $4.41M to Uganda. The main products that Finland exported to Uganda were Kraft Paper ($2.55M), Stone Processing Machines ($1.02M), and Padlocks ($134k). Over the past 5 years the exports of Finland to Uganda have increased at an annualized rate of 2.58%, from $3.88M in 2017 to $4.41M in 2022.

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

Uganda-Finland Trade: In 2022, Uganda exported $6.82M to Finland. The main products that Uganda exported to Finland were Coffee ($6.57M), Other Vegetables ($77.7k), and Other Oily Seeds ($49.5k). Over the past 5 years the exports of Uganda to Finland have increased at an annualized rate of 23%,  from $2.42M in 2017 to $6.82M in 2022.

In 2022, Uganda 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, Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $4.41M to Uganda. The main products exported from Finland to Uganda were Kraft Paper ($2.55M), Stone Processing Machines ($1.02M), and Padlocks ($134k). During the last 5 years the exports of Finland to Uganda have increased at an annualized rate of 2.58%, from $3.88M in 2017 to $4.41M in 2022.

In 2017, Uganda exported $6.82M to Finland. The main products exported from Uganda to Finland were Coffee ($6.57M), Other Vegetables ($77.7k), and Other Oily Seeds ($49.5k). During the last 5 years the exports of Uganda to Finland have increased at an annualized rate of 23%, from $2.42M in 2022 to $6.82M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Uganda (Flag)

Finland Exports

Uganda Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Uganda
Top DestinationUnited Arab Emirates$1.22B

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

In 2022, countries that imported more from Uganda than Finland included United Arab Emirates ($1.22B), Hong Kong ($350M), and Kenya ($312M).

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

Comparative Advantage Finland - Uganda

Flow
Scale

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

During 2022, Finland had a large net trade with Uganda in the exports of Paper Goods ($2.59M), Machines ($1.28M), and Metals ($254k).

During 2017, Uganda had a large net trade with Finland in the exports of Vegetable Products ($6.76M), Machines ($44.1k), and Chemical Products ($5.41k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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