North Korea (PRK) and Finland (FIN) Trade | The Observatory of Economic Complexity

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North Korea-Finland Trade: In 2022, North Korea exported $112k to Finland. The main products that North Korea exported to Finland were Precious Metal Watches ($58.5k), Computers ($11k), and Acrylic Polymers ($6.93k). Over the past 7 years the exports of North Korea to Finland have decreased at an annualized rate of 10.5%, from $245k in 2015 to $112k in 2022.

In 2022, North Korea did not export any services to Finland.

Finland-North Korea Trade: In 2022, Finland exported $1.91k to North Korea. The main products that Finland exported to North Korea were N/A. Over the past 7 years the exports of Finland to North Korea have increased at an annualized rate of 3.1%, from $1.64k in 2015 to $1.91k in 2022.

In 2022, Finland did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M), 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, North Korea exported $112k to Finland. The main products exported from North Korea to Finland were Precious Metal Watches ($58.5k), Computers ($11k), and Acrylic Polymers ($6.93k). During the last 7 years the exports of North Korea to Finland have decreased at an annualized rate of 10.5%, from $245k in 2015 to $112k in 2022.

In 2014, Finland exported $1.91k to North Korea. There were not main exports from Finland to North Korea in 2014. During the last 5 years the exports of Finland to North Korea have increased at an annualized rate of 3.1%, from $1.64k in 2019 to $1.91k in 2014.

Exports from North Korea () to Finland () (2022)

Exports from Finland () to North Korea () (2022)

Latest Data

Trade between North Korea () and Finland ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from North Korea than Finland included Senegal ($26.9M), Niger ($3.45M), and Suriname ($4.51M).

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

Difference in imports from Finland () and North Korea () (2022)

Comparative Advantage North Korea - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Korea had a large net trade with Finland in the exports of Instruments ($60.2k), Machines ($24.1k), and Chemical Products ($9.87k).

During 2014, Finland had a large net trade with North Korea in the exports of .

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

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Historical Data

Bilateral Trade by Products

Exports from North Korea () to Finland () (2022)

Exports from Finland () to North Korea () (2022)

Latest Data

Trade between North Korea () and Finland ()

Finland Exports

Market Competitiveness

Difference in imports from Finland () and North Korea () (2022)

Comparative Advantage North Korea - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Finland () (2022)

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