2022
Flag  
GDP
$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
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GDP GROWTH
66.8%CURRENT US$
Rnk 32 / 186
2022
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 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC 
$964CURRENT US$
Rnk 170 / 186
2012-2022
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GDP PC GROWTH
21%CURRENT US$
Rnk 83 / 186
2022
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GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Uganda-Finland Trade: In 2022, Uganda exported $6.82M to Finland. The main products that Uganda exported to Finland were Coffee ($6.57M), Other Vegetables ($77.7k), and Other Oily Seeds ($49.5k). Over the past 5 years the exports of Uganda to Finland have increased at an annualized rate of 23%, from $2.42M in 2017 to $6.82M in 2022.

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

Finland-Uganda Trade: In 2022, Finland exported $4.41M to Uganda. The main products that Finland exported to Uganda were Kraft Paper ($2.55M), Stone Processing Machines ($1.02M), and Padlocks ($134k). Over the past 5 years the exports of Finland to Uganda have increased at an annualized rate of 2.58%,  from $3.88M in 2017 to $4.41M in 2022.

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

Comparison: In 2022,  Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B). 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, Uganda exported $6.82M to Finland. The main products exported from Uganda to Finland were Coffee ($6.57M), Other Vegetables ($77.7k), and Other Oily Seeds ($49.5k). During the last 5 years the exports of Uganda to Finland have increased at an annualized rate of 23%, from $2.42M in 2017 to $6.82M in 2022.

In 2017, Finland exported $4.41M to Uganda. The main products exported from Finland to Uganda were Kraft Paper ($2.55M), Stone Processing Machines ($1.02M), and Padlocks ($134k). During the last 5 years the exports of Finland to Uganda have increased at an annualized rate of 2.58%, from $3.88M in 2022 to $4.41M in 2017.

Exports from Uganda (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Uganda (Flag) (2022)

Latest Data

Trade between Uganda (Flag) and Finland (Flag)

Uganda Exports

Finland Exports

Market Competitiveness

Color
Uganda
Top Destination
United Arab Emirates$1.22B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Uganda than Finland included United Arab Emirates ($1.22B), Hong Kong ($350M), and Kenya ($312M).

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

Difference in imports from Finland (Flag) and Uganda (Flag) (2022)

Comparative Advantage Uganda - Finland

Flow
Scale

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

During 2022, Uganda had a large net trade with Finland in the exports of Vegetable Products ($6.76M), Machines ($44.1k), and Chemical Products ($5.41k).

During 2017, Finland had a large net trade with Uganda in the exports of Paper Goods ($2.59M), Machines ($1.28M), and Metals ($254k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uganda Finland+$3.08MCoffee
Top Product Potential Finland Uganda+$324kStone Processing Machines

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

Product Space of Uganda (Flag) and Finland (Flag) (2022)

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