2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
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GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
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 GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 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

Netherlands-Finland Trade: In 2023, Netherlands exported $4.41B to Finland. The main products that Netherlands exported to Finland were Inedible Fats and Oils ($407M), Refined Petroleum ($328M), and Scrap Iron ($301M). Over the past 5 years the exports of Netherlands to Finland have increased at an annualized rate of 1.54%, from $4.08B in 2018 to $4.41B in 2023.

In 2020, Netherlands exported services to Finland worth $2B, with Transportation ($1.13B), Other business services ($250M), and Royalties and license fees ($244M) being the largest in terms of value.

Finland-Netherlands Trade: In 2023, Finland exported $5.51B to Netherlands. The main products that Finland exported to Netherlands were Refined Petroleum ($966M), Large Flat-Rolled Stainless Steel ($716M), and Raw Zinc ($292M). Over the past 5 years the exports of Finland to Netherlands have increased at an annualized rate of 1.63%,  from $5.09B in 2018 to $5.51B in 2023.

In 2020, Finland exported services to Netherlands worth $869M, with Computer and information services ($318M), Other business services ($258M), and Transportation ($168M) being the largest in terms of value.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $4.41B to Finland. The main products exported from Netherlands to Finland were Inedible Fats and Oils ($407M), Refined Petroleum ($328M), and Scrap Iron ($301M). During the last 5 years the exports of Netherlands to Finland have increased at an annualized rate of 1.54%, from $4.08B in 2018 to $4.41B in 2023.

In 2018, Finland exported $5.51B to Netherlands. The main products exported from Finland to Netherlands were Refined Petroleum ($966M), Large Flat-Rolled Stainless Steel ($716M), and Raw Zinc ($292M). During the last 5 years the exports of Finland to Netherlands have increased at an annualized rate of 1.63%, from $5.09B in 2023 to $5.51B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Finland
Top Destination
United States$9.68B

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

In 2023, countries that imported more from Netherlands than Finland included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Finland than Netherlands included Estonia ($2.4B), Cambodia ($126M), and Latvia ($1.1B).

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

Comparative Advantage Netherlands - Finland

Flow
Scale

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

During 2023, Netherlands had a large net trade with Finland in the exports of Machines ($726M), Chemical Products ($558M), and Metals ($539M).

During 2018, Finland had a large net trade with Netherlands in the exports of Metals ($1.47B), Mineral Products ($1.24B), and Machines ($1.15B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Finland+$79.4MRefined Petroleum
Top Product Potential Finland Netherlands+$61.5MRefined Petroleum

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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Bilateral Service Trade

In 2020, Netherlands exported services to Finland worth $2B, with Transportation ($1.13B), Other business services ($250M), and Royalties and license fees ($244M) being the largest in terms of value.

In 2020, Finland exported services to Netherlands worth $869M, with Computer and information services ($318M), Other business services ($258M), and Transportation ($168M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Finland (Flag) (2020)

Services Exports from Finland (Flag) to Netherlands (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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