2022
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GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Greece-Finland Trade: In 2022, Greece exported $171M to Finland. The main products that Greece exported to Finland were Raw Furskins ($32.7M), Packaged Medicaments ($16.8M), and Refined Petroleum ($14M). Over the past 5 years the exports of Greece to Finland have increased at an annualized rate of 16.1%, from $81.3M in 2017 to $171M in 2022.

In 2020, Greece exported services to Finland worth $81.3M, with Communications services ($25M), Transportation ($20.3M), and Other business services ($15.8M) being the largest in terms of value.

Finland-Greece Trade: In 2022, Finland exported $222M to Greece. The main products that Finland exported to Greece were Sulfate Chemical Woodpulp ($26.1M), Kraft Paper ($19.2M), and Sawn Wood ($18.9M). Over the past 5 years the exports of Finland to Greece have increased at an annualized rate of 6.4%,  from $163M in 2017 to $222M in 2022.

In 2020, Finland exported services to Greece worth $8M, with Other business services ($5.71M) and Transportation ($2.28M) being the largest in terms of value.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $171M to Finland. The main products exported from Greece to Finland were Raw Furskins ($32.7M), Packaged Medicaments ($16.8M), and Refined Petroleum ($14M). During the last 5 years the exports of Greece to Finland have increased at an annualized rate of 16.1%, from $81.3M in 2017 to $171M in 2022.

In 2017, Finland exported $222M to Greece. The main products exported from Finland to Greece were Sulfate Chemical Woodpulp ($26.1M), Kraft Paper ($19.2M), and Sawn Wood ($18.9M). During the last 5 years the exports of Finland to Greece have increased at an annualized rate of 6.4%, from $163M in 2022 to $222M in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Finland (Flag)

Greece Exports

Finland Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Greece than Finland included Bulgaria ($3.62B), Italy ($5.82B), and Cyprus ($2.92B).

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

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

Comparative Advantage Greece - Finland

Flow
Scale

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

During 2022, Greece had a large net trade with Finland in the exports of Animal Hides ($34.7M), Chemical Products ($32M), and Mineral Products ($18.9M).

During 2017, Finland had a large net trade with Greece in the exports of Paper Goods ($89.7M), Machines ($30.5M), and Wood Products ($26.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Finland+$21.1MRefined Petroleum
Top Product Potential Finland Greece+$5.87MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Greece exported services to Finland worth $81.3M, with Communications services ($25M), Transportation ($20.3M), and Other business services ($15.8M) being the largest in terms of value.

In 2020, Finland exported services to Greece worth $8M, with Other business services ($5.71M) and Transportation ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece (Flag) to Finland (Flag) (2020)

Services Exports from Finland (Flag) to Greece (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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