2023
Flag  
GDP
$16.8BCURRENT US$
Rnk 131 / 195
2013-2023
Flag
GDP GROWTH
64.5%CURRENT US$
Rnk 43 / 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 
$643CURRENT US$
Rnk 187 / 195
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 114 / 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

Niger-Finland Trade: In 2023, Niger exported $309k to Finland. The main products that Niger exported to Finland were Other Processed Fruits and Nuts ($229k), Other Small Iron Pipes ($54.3k), and Plastic Wash Basins ($10.3k). Over the past 5 years the exports of Niger to Finland have increased at an annualized rate of 6.76%, from $223k in 2018 to $309k in 2023.

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

Finland-Niger Trade: In 2023, Finland exported $10.9M to Niger. The main products that Finland exported to Niger were Centrifuges ($5.93M), Refined Petroleum ($2.16M), and Electric Motors ($2.06M). Over the past 5 years the exports of Finland to Niger have increased at an annualized rate of 73.8%,  from $690k in 2018 to $10.9M in 2023.

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

Comparison: In 2023,  Niger ranked 93 in the Economic Complexity Index (ECI -0.63), and 148 in total exports ($1.72B). 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, Niger exported $309k to Finland. The main products exported from Niger to Finland were Other Processed Fruits and Nuts ($229k), Other Small Iron Pipes ($54.3k), and Plastic Wash Basins ($10.3k). During the last 5 years the exports of Niger to Finland have increased at an annualized rate of 6.76%, from $223k in 2018 to $309k in 2023.

In 2018, Finland exported $10.9M to Niger. The main products exported from Finland to Niger were Centrifuges ($5.93M), Refined Petroleum ($2.16M), and Electric Motors ($2.06M). During the last 5 years the exports of Finland to Niger have increased at an annualized rate of 73.8%, from $690k in 2023 to $10.9M in 2018.

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

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

Latest Data

Trade between Niger (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Niger
Top Destination
United Arab Emirates$533M
Finland
Top Destination
United States$9.68B

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

In 2023, countries that imported more from Niger than Finland included United Arab Emirates ($533M), Burkina Faso ($65.9M), and Mali ($50.8M).

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

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

Comparative Advantage Niger - Finland

Flow
Scale

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

During 2023, Niger had a large net trade with Finland in the exports of Foodstuffs ($229k), Metals ($54.5k), and Plastics and Rubbers ($10.6k).

During 2018, Finland had a large net trade with Niger in the exports of Machines ($8.5M), Mineral Products ($2.16M), and Chemical Products ($187k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Niger Finland+$43.2kStone Processing Machines
Top Product Potential Finland Niger+$107kMedical Instruments

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

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

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