2022
Flag  
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 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Finland-North Korea Trade: In 2019, Finland exported $1.91k to North Korea. The main products that Finland exported to North Korea were N/A. Over the past 6 years the exports of Finland to North Korea have decreased at an annualized rate of 76.5%, from $11.4M in 2013 to $1.91k in 2019.

In 2019, Finland did not export any services to North Korea.

North Korea-Finland Trade: In 2019, 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 6 years the exports of North Korea to Finland have increased at an annualized rate of 60%,  from $97 in 2013 to $112k in 2019.

In 2019, North Korea did not export any services to Finland.

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). That same year, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Finland exported $1.91k to North Korea. There were not main exports from Finland to North Korea in 2019. During the last 6 years the exports of Finland to North Korea have decreased at an annualized rate of 76.5%, from $11.4M in 2013 to $1.91k in 2019.

In 2017, 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 5 years the exports of North Korea to Finland have increased at an annualized rate of 60%, from $97 in 2022 to $112k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and North Korea (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
North Korea
Top Destination
China$131M

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

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

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

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

Comparative Advantage Finland - North Korea

Flow
Scale

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

During 2019, Finland had a large net trade with North Korea in the exports of .

During 2017, North Korea had a large net trade with Finland in the exports of Instruments ($60.2k), Machines ($24.1k), and Chemical Products ($9.87k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland North Korea+N/AN/A
Top Product Potential North Korea Finland+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Finland and North Korea. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Finland.

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

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