Zimbabwe (ZWE) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Zimbabwe-Finland Trade: In 2022, Zimbabwe exported $1.61M to Finland. The main products that Zimbabwe exported to Finland were Ferroalloys ($1.25M), Legumes ($190k), and Tensile Testing Machines ($64.2k). Over the past 5 years the exports of Zimbabwe to Finland have increased at an annualized rate of 27.4%, from $481k in 2017 to $1.61M in 2022.

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

Finland-Zimbabwe Trade: In 2022, Finland exported $9.23M to Zimbabwe. The main products that Finland exported to Zimbabwe were Large Construction Vehicles ($3.27M), Delivery Trucks ($1.63M), and Excavation Machinery ($1.06M). Over the past 5 years the exports of Finland to Zimbabwe have increased at an annualized rate of 8.71%, from $6.08M in 2017 to $9.23M in 2022.

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

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). 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, Zimbabwe exported $1.61M to Finland. The main products exported from Zimbabwe to Finland were Ferroalloys ($1.25M), Legumes ($190k), and Tensile Testing Machines ($64.2k). During the last 5 years the exports of Zimbabwe to Finland have increased at an annualized rate of 27.4%, from $481k in 2017 to $1.61M in 2022.

In 2017, Finland exported $9.23M to Zimbabwe. The main products exported from Finland to Zimbabwe were Large Construction Vehicles ($3.27M), Delivery Trucks ($1.63M), and Excavation Machinery ($1.06M). During the last 5 years the exports of Finland to Zimbabwe have increased at an annualized rate of 8.71%, from $6.08M in 2022 to $9.23M in 2017.

Exports from Zimbabwe () to Finland () (2022)

Exports from Finland () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Finland ()

Zimbabwe Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Zimbabwe than Finland included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

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

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

Comparative Advantage Zimbabwe - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Finland in the exports of Metals ($1.25M), Vegetable Products ($281k), and Instruments ($66.3k).

During 2017, Finland had a large net trade with Zimbabwe in the exports of Machines ($6.4M), Transportation ($2.04M), and Instruments ($293k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Finland+$1.31MFerroalloys

Top Product Potential Finland Zimbabwe+$589kDelivery Trucks

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

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Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Finland () (2022)

Exports from Finland () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Finland ()

Zimbabwe Exports

Finland Exports

Market Competitiveness

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

Comparative Advantage Zimbabwe - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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