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2023
Flag → Flag
Exports $2.03MRnk 65 / 130
2023
Flag → Flag
Top Product $1.21MTropical Fruits
2023
Flag → Flag
Exports $1.72MRnk 157 / 206
2023
Flag → Flag
Top Product $1.26MOther Plastic Products
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Iran-Finland Trade: In 2023, Iran exported $2.03M to Finland. The main products that Iran exported to Finland were Tropical Fruits ($1.21M), Vegetable Saps ($182k), and Packing Bags ($121k). Over the past 5 years the exports of Iran to Finland have decreased at an annualized rate of 13.5%, from $4.19M in 2018 to $2.03M in 2023.

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

Finland-Iran Trade: In 2023, Finland exported $1.72M to Iran. The main products that Finland exported to Iran were Other Plastic Products ($1.26M), Sawn Wood ($194k), and Medical Instruments ($129k). Over the past 5 years the exports of Finland to Iran have decreased at an annualized rate of 60.4%,  from $177M in 2018 to $1.72M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iran exported $2.03M to Finland. The main products exported from Iran to Finland were Tropical Fruits ($1.21M), Vegetable Saps ($182k), and Packing Bags ($121k). During the last 5 years the exports of Iran to Finland have decreased at an annualized rate of 13.5%, from $4.19M in 2018 to $2.03M in 2023.

In 2018, Finland exported $1.72M to Iran. The main products exported from Finland to Iran were Other Plastic Products ($1.26M), Sawn Wood ($194k), and Medical Instruments ($129k). During the last 5 years the exports of Finland to Iran have decreased at an annualized rate of 60.4%, from $177M in 2023 to $1.72M in 2018.

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

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

Latest Data

Trade between Iran (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Iran than Finland included Pakistan ($943M), Turkey ($2.18B), and Armenia ($597M).

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

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

Comparative Advantage Iran - Finland

Flow
Scale

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

During 2023, Iran had a large net trade with Finland in the exports of Vegetable Products ($1.51M), Textiles ($276k), and Foodstuffs ($119k).

During 2018, Finland had a large net trade with Iran in the exports of Plastics and Rubbers ($1.26M), Wood Products ($194k), and Instruments ($129k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Finland+$617kStyrene Polymers
Top Product Potential Finland Iran+$643kSawn Wood

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

Product Space of Iran (Flag) and Finland (Flag) (2023)

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