Nauru (NRU) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Nauru-Finland Trade: In 2022, Nauru exported $55.3k to Finland. The main products that Nauru exported to Finland were Liquid Pumps ($42.3k), Excavation Machinery ($8.77k), and Additive manufacturing machines ($3.55k). Over the past 5 years the exports of Nauru to Finland have increased at an annualized rate of 11.1%, from $32.7k in 2017 to $55.3k in 2022.

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

Finland-Nauru In N/A, Finland did not export any products to Nauru.

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

Comparison In 2022, Nauru ranked 189 in total exports ($198M), and does not have data regarding Economic Complexity Index. 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, Nauru exported $55.3k to Finland. The main products exported from Nauru to Finland were Liquid Pumps ($42.3k), Excavation Machinery ($8.77k), and Additive manufacturing machines ($3.55k). During the last 5 years the exports of Nauru to Finland have increased at an annualized rate of 11.1%, from $32.7k in 2017 to $55.3k in 2022.

Finland does not register exports to Nauru.

Exports from Nauru () to Finland () (2022)

Exports from Finland () to Nauru () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nauru
Top DestinationThailand$117M

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Nauru than Finland included Central African Republic ($140k).

In 2022, countries that imported more from Finland than Nauru included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Nauru - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nauru had a large net trade with Finland in the exports of Machines ($55.2k), Textiles ($50), and Miscellaneous ($12).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nauru () to Finland () (2022)

Exports from Finland () to Nauru () (2022)

Market Competitiveness

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

Comparative Advantage Nauru - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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