Mauritania (MRT) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Mauritania-Finland Trade: In 2023, Mauritania exported $224k to Finland. The main products that Mauritania exported to Finland were Non-fillet Frozen Fish ($160k), Electrical Transformers ($28.1k), and Machinery Having Individual Functions ($13.4k). Over the past 5 years the exports of Mauritania to Finland have increased at an annualized rate of 38.7%, from $43.7k in 2018 to $224k in 2023.

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

Finland-Mauritania Trade: In 2023, Finland exported $6.83M to Mauritania. The main products that Finland exported to Mauritania were Electric Motor Parts ($2.16M), Insulated Wire ($2.07M), and Telephones ($626k). Over the past 5 years the exports of Finland to Mauritania have increased at an annualized rate of 9.32%, from $3.66M in 2018 to $6.83M in 2023.

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

Comparison: In 2023, Mauritania ranked 115 in the Economic Complexity Index (ECI -1.13), and 129 in total exports ($4.96B). 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, Mauritania exported $224k to Finland. The main products exported from Mauritania to Finland were Non-fillet Frozen Fish ($160k), Electrical Transformers ($28.1k), and Machinery Having Individual Functions ($13.4k). During the last 5 years the exports of Mauritania to Finland have increased at an annualized rate of 38.7%, from $43.7k in 2018 to $224k in 2023.

In 2018, Finland exported $6.83M to Mauritania. The main products exported from Finland to Mauritania were Electric Motor Parts ($2.16M), Insulated Wire ($2.07M), and Telephones ($626k). During the last 5 years the exports of Finland to Mauritania have increased at an annualized rate of 9.32%, from $3.66M in 2023 to $6.83M in 2018.

Exports from Mauritania () to Finland () (2023)

Exports from Finland () to Mauritania () (2023)

Latest Data

Trade between Mauritania () and Finland ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mauritania
Top DestinationChina$1.22B

Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Mauritania than Finland included Algeria ($332M), Cote d'Ivoire ($98.7M), and United Arab Emirates ($463M).

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

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

Comparative Advantage Mauritania - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mauritania had a large net trade with Finland in the exports of Animal Products ($160k), Machines ($52.1k), and Vegetable Products ($5.51k).

During 2018, Finland had a large net trade with Mauritania in the exports of Machines ($6M), Metals ($408k), and Transportation ($208k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mauritania Finland+$3.8kIron Ore

Top Product Potential Finland Mauritania+$327kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Mauritania () to Finland () (2023)

Exports from Finland () to Mauritania () (2023)

Latest Data

Trade between Mauritania () and Finland ()

Finland Exports

Market Competitiveness

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

Comparative Advantage Mauritania - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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