2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC
$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Macau-Finland Trade: In 2023, Macau exported $251k to Finland. The main products that Macau exported to Finland were Antibiotics ($156k), Printed Circuit Boards ($48.1k), and Knit Sweaters ($19.3k). Over the past 5 years the exports of Macau to Finland have decreased at an annualized rate of 4.63%, from $319k in 2018 to $251k in 2023.

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

Finland-Macau Trade: In 2023, Finland exported $3.48M to Macau. The main products that Finland exported to Macau were Trunks and Cases ($1.29M), Packaged Medicaments ($459k), and Bandages ($371k). Over the past 5 years the exports of Finland to Macau have decreased at an annualized rate of 10.9%,  from $6.2M in 2018 to $3.48M in 2023.

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

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. 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, Macau exported $251k to Finland. The main products exported from Macau to Finland were Antibiotics ($156k), Printed Circuit Boards ($48.1k), and Knit Sweaters ($19.3k). During the last 5 years the exports of Macau to Finland have decreased at an annualized rate of 4.63%, from $319k in 2018 to $251k in 2023.

In 2018, Finland exported $3.48M to Macau. The main products exported from Finland to Macau were Trunks and Cases ($1.29M), Packaged Medicaments ($459k), and Bandages ($371k). During the last 5 years the exports of Finland to Macau have decreased at an annualized rate of 10.9%, from $6.2M in 2023 to $3.48M in 2018.

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

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

Latest Data

Trade between Macau (Flag) and Finland (Flag)

Macau Exports

Finland Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Finland
Top Destination
United States$9.68B

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

In 2023, countries that imported more from Macau than Finland included Hong Kong ($1.4B) and Dominica ($23.8k).

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

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

Comparative Advantage Macau - Finland

Flow
Scale

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

During 2023, Macau had a large net trade with Finland in the exports of Chemical Products ($156k), Machines ($54.4k), and Textiles ($34.1k).

During 2018, Finland had a large net trade with Macau in the exports of Animal Hides ($1.3M), Chemical Products ($860k), and Plastics and Rubbers ($370k).

Economic Complexity

Competitive Landscape

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

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

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