Kenya (KEN) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Kenya-Finland Trade: In 2023, Kenya exported $13M to Finland. The main products that Kenya exported to Finland were Cut Flowers ($5.37M), Coffee ($3.35M), and Other Processed Fruits and Nuts ($1.92M). Over the past 5 years the exports of Kenya to Finland have decreased at an annualized rate of 7.52%, from $19.2M in 2018 to $13M in 2023.

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

Finland-Kenya Trade: In 2023, Finland exported $85.7M to Kenya. The main products that Finland exported to Kenya were Kraft Paper ($20.3M), Other Construction Vehicles ($16.6M), and Delivery Trucks ($14.6M). Over the past 5 years the exports of Finland to Kenya have increased at an annualized rate of 17.8%, from $37.8M in 2018 to $85.7M in 2023.

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

Comparison: In 2023, Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kenya exported $13M to Finland. The main products exported from Kenya to Finland were Cut Flowers ($5.37M), Coffee ($3.35M), and Other Processed Fruits and Nuts ($1.92M). During the last 5 years the exports of Kenya to Finland have decreased at an annualized rate of 7.52%, from $19.2M in 2018 to $13M in 2023.

In 2018, Finland exported $85.7M to Kenya. The main products exported from Finland to Kenya were Kraft Paper ($20.3M), Other Construction Vehicles ($16.6M), and Delivery Trucks ($14.6M). During the last 5 years the exports of Finland to Kenya have increased at an annualized rate of 17.8%, from $37.8M in 2023 to $85.7M in 2018.

Exports from Kenya () to Finland () (2023)

Exports from Finland () to Kenya () (2023)

Latest Data

Trade between Kenya () and Finland ()

Kenya Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kenya
Top DestinationUganda$893M

Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Kenya than Finland included Uganda ($893M), Pakistan ($520M), and Tanzania ($451M).

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

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

Comparative Advantage Kenya - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kenya had a large net trade with Finland in the exports of Vegetable Products ($9.76M), Foodstuffs ($2.07M), and Wood Products ($363k).

During 2018, Finland had a large net trade with Kenya in the exports of Machines ($34.5M), Paper Goods ($23.1M), and Transportation ($14.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kenya Finland+$2.39MCoffee

Top Product Potential Finland Kenya+$1.35MKaolin Coated Paper

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

About

Historical Data

Bilateral Trade by Products

Exports from Kenya () to Finland () (2023)

Exports from Finland () to Kenya () (2023)

Latest Data

Trade between Kenya () and Finland ()

Kenya Exports

Finland Exports

Market Competitiveness

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

Comparative Advantage Kenya - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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