Uganda (UGA) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Uganda-Finland Trade: In 2023, Uganda exported $8.23M to Finland. The main products that Uganda exported to Finland were Coffee ($7.86M), Other Vegetables ($109k), and Other live plants, cuttings and slips; mushroom spawn ($76.3k). Over the past 5 years the exports of Uganda to Finland have increased at an annualized rate of 9.61%, from $5.21M in 2018 to $8.23M in 2023.

In 2023, Uganda did not export any services to Finland.

Finland-Uganda Trade: In 2023, Finland exported $6.71M to Uganda. The main products that Finland exported to Uganda were Kraft Paper ($3.89M), Enzymes ($452k), and Fork-Lifts ($429k). Over the past 5 years the exports of Finland to Uganda have increased at an annualized rate of 1.26%, from $6.3M in 2018 to $6.71M in 2023.

In 2023, Finland did not export any services to Uganda.

Comparison: In 2023, Uganda ranked 91 in the Economic Complexity Index (ECI -0.62), and 116 in total exports ($7.12B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uganda exported $8.23M to Finland. The main products exported from Uganda to Finland were Coffee ($7.86M), Other Vegetables ($109k), and Other live plants, cuttings and slips; mushroom spawn ($76.3k). During the last 5 years the exports of Uganda to Finland have increased at an annualized rate of 9.61%, from $5.21M in 2018 to $8.23M in 2023.

In 2018, Finland exported $6.71M to Uganda. The main products exported from Finland to Uganda were Kraft Paper ($3.89M), Enzymes ($452k), and Fork-Lifts ($429k). During the last 5 years the exports of Finland to Uganda have increased at an annualized rate of 1.26%, from $6.3M in 2023 to $6.71M in 2018.

Exports from Uganda () to Finland () (2023)

Exports from Finland () to Uganda () (2023)

Latest Data

Trade between Uganda () and Finland ()

Uganda Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uganda
Top DestinationIndia$1.5B

Finland
Top DestinationUnited States$9.68B

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 2023, countries that imported more from Uganda than Finland included United Arab Emirates ($1.13B), Hong Kong ($727M), and South Sudan ($536M).

In 2023, countries that imported more from Finland than Uganda included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

Difference in imports from Finland () and Uganda () (2023)

Comparative Advantage Uganda - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uganda had a large net trade with Finland in the exports of Vegetable Products ($8.14M), Machines ($45.7k), and Foodstuffs ($39.8k).

During 2018, Finland had a large net trade with Uganda in the exports of Paper Goods ($3.92M), Machines ($1.19M), and Chemical Products ($788k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Uganda () to Finland () (2023)

Exports from Finland () to Uganda () (2023)

Latest Data

Trade between Uganda () and Finland ()

Uganda Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Uganda () (2023)

Comparative Advantage Uganda - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uganda () and Finland () (2023)

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