2022
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GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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2022
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Saudi Arabia-Finland In 2022, Saudi Arabia exported $29.8M to Finland. The main products that Saudi Arabia exported to Finland are Ethylene Polymers ($25M), Propylene Polymers ($1.79M), and Unsaturated Acyclic Monocarboxylic Acids ($1.3M). During the last 27 years the exports of Saudi Arabia to Finland have increased at an annualized rate of 5.43%, from $7.14M in 1995 to $29.8M in 2022.

In 2022, Saudi Arabia did not export any services to Finland.

Finland-Saudi Arabia In 2022, Finland exported $313M to Saudi Arabia. The main products that Finland exported to Saudi Arabia were Sawn Wood ($120M), Kaolin Coated Paper ($20.6M), and Cellulose Fibers Paper ($13M). During the last 27 years the exports of Finland to Saudi Arabia have increased at an annualized rate of 1.34%, from $218M in 1995 to $313M in 2022.

In 2022, Finland did not export any services to Saudi Arabia.

Comparison In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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
Value

In 2022, Saudi Arabia exported $29.8M to Finland. The main products exported from Saudi Arabia to Finland were Ethylene Polymers ($25M), Propylene Polymers ($1.79M), and Unsaturated Acyclic Monocarboxylic Acids ($1.3M). During the last 27 years the exports of Saudi Arabia to Finland have increased at an annualized rate of 5.43%, from $7.14M in 1995 to $29.8M in 2022.

In 2022, Finland exported $313M to Saudi Arabia. The main products exported from Finland to Saudi Arabia were Sawn Wood ($120M), Kaolin Coated Paper ($20.6M), and Cellulose Fibers Paper ($13M). During the last 27 years the exports of Finland to Saudi Arabia have increased at an annualized rate of 1.34%, from $218M in 1995 to $313M in 2022.

Exports from Saudi Arabia (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Finland (Flag)

Saudi Arabia Exports

Finland Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Finland
Top Destination
Germany$9.99B

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

In 2021, countries that imported more from Saudi Arabia than Finland were China ($68B), India ($46.2B), and South Korea ($36B).

In 2021, countries that imported more from Finland than Saudi Arabia were Sweden ($9.1B), Germany ($9.99B), and Estonia ($3.58B).

Difference in imports from Finland (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Finland

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Finland in the exports of Plastics and Rubbers ($27.6M), Chemical Products ($1.63M), and Machines ($218k).

During 2022, Finland had a large net trade with Saudi Arabia in the exports of Wood Products ($120M), Machines ($90.3M), and Paper Goods ($53.8M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Saudi Arabia has comparative advantage over Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Finland (Flag) (2022)

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