Mexico (MEX) and Finland (FIN) Trade | The Observatory of Economic Complexity

About

Mexico-Finland In 2022, Mexico exported $283M to Finland. The main products that Mexico exported to Finland are Tractors ($54.9M), Recreational Boats ($41.7M), and Cars ($38.7M). During the last 27 years the exports of Mexico to Finland have increased at an annualized rate of 9.91%, from $22.1M in 1995 to $283M in 2022.

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

Finland-Mexico In 2022, Finland exported $623M to Mexico. The main products that Finland exported to Mexico were Electric Motor Parts ($114M), Kaolin Coated Paper ($101M), and Integrated Circuits ($95M). During the last 27 years the exports of Finland to Mexico have increased at an annualized rate of 8.1%, from $76.1M in 1995 to $623M in 2022.

In 2020, Finland exported services to Mexico worth $107M, with Computer and information services ($74.2M), Other business services ($24M), and Royalties and license fees ($6.85M) being the largest in terms of value.

Comparison In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $283M to Finland. The main products exported from Mexico to Finland were Tractors ($54.9M), Recreational Boats ($41.7M), and Cars ($38.7M). During the last 27 years the exports of Mexico to Finland have increased at an annualized rate of 9.91%, from $22.1M in 1995 to $283M in 2022.

In 2022, Finland exported $623M to Mexico. The main products exported from Finland to Mexico were Electric Motor Parts ($114M), Kaolin Coated Paper ($101M), and Integrated Circuits ($95M). During the last 27 years the exports of Finland to Mexico have increased at an annualized rate of 8.1%, from $76.1M in 1995 to $623M in 2022.

Exports from Mexico () to Finland () (2022)

Exports from Finland () to Mexico () (2022)

Latest Data

Trade between Mexico () and Finland ()

Mexico Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Finland
Top DestinationGermany$9.99B

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

In 2021, countries that imported more from Mexico than Finland were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Finland than Mexico were Sweden ($9.1B), Netherlands ($5.88B), and Estonia ($3.58B).

Difference in imports from Finland () and Mexico () (2022)

Comparative Advantage Mexico - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Finland in the exports of Transportation ($147M), Machines ($71.3M), and Instruments ($30.8M).

During 2022, Finland had a large net trade with Mexico in the exports of Machines ($373M), Paper Goods ($122M), and Instruments ($43.5M).

Service Trade

Bilateral Service Trade

Fin Year

In 2020, Finland exported services to Mexico worth $107M, with Computer and information services ($74.2M), Other business services ($24M), and Royalties and license fees ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland () to Mexico () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Mexico has comparative advantage over Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Finland () (2022)

Exports from Finland () to Mexico () (2022)

Latest Data

Trade between Mexico () and Finland ()

Mexico Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Mexico () (2022)

Comparative Advantage Mexico - Finland

Service Trade

Bilateral Service Trade

Services Exports from Finland () to Mexico () (2020)

Economic Complexity

Competitive Landscape

Product Space of Mexico () and Finland () (2022)

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