Finland (FIN) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Finland-Palestine Trade: In 2022, Finland exported $2.66M to Palestine. The main products that Finland exported to Palestine were Uncoated Paper ($439k), Air Pumps ($424k), and Stone Processing Machines ($320k). Over the past 5 years the exports of Finland to Palestine have increased at an annualized rate of 9.06%, from $1.72M in 2017 to $2.66M in 2022.

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

Palestine-Finland Trade: In 2022, Palestine exported $267k to Finland. The main products that Palestine exported to Finland were Other Processed Fruits and Nuts ($135k), Other Edible Preparations ($131k), and Tropical Fruits ($632). Over the past 5 years the exports of Palestine to Finland have increased at an annualized rate of 70%, from $18.8k in 2017 to $267k in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $2.66M to Palestine. The main products exported from Finland to Palestine were Uncoated Paper ($439k), Air Pumps ($424k), and Stone Processing Machines ($320k). During the last 5 years the exports of Finland to Palestine have increased at an annualized rate of 9.06%, from $1.72M in 2017 to $2.66M in 2022.

In 2017, Palestine exported $267k to Finland. The main products exported from Palestine to Finland were Other Processed Fruits and Nuts ($135k), Other Edible Preparations ($131k), and Tropical Fruits ($632). During the last 5 years the exports of Palestine to Finland have increased at an annualized rate of 70%, from $18.8k in 2022 to $267k in 2017.

Exports from Finland () to Palestine () (2022)

Exports from Palestine () to Finland () (2022)

Latest Data

Trade between Finland () and Palestine ()

Finland Exports

Date

Palestine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Palestine
Top DestinationIsrael$1.3B

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

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

In 2022, countries that imported more from Palestine than Finland included Israel ($1.3B) and Jordan ($159M).

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

Comparative Advantage Finland - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Palestine in the exports of Machines ($884k), Paper Goods ($667k), and Wood Products ($270k).

During 2017, Palestine had a large net trade with Finland in the exports of Foodstuffs ($266k), Vegetable Products ($632), and Paper Goods ($52).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Palestine () (2022)

Exports from Palestine () to Finland () (2022)

Latest Data

Trade between Finland () and Palestine ()

Finland Exports

Palestine Exports

Market Competitiveness

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

Comparative Advantage Finland - Palestine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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