2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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
2022
Flag
GDP PC
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Finland-Turkey Trade: In 2022, Finland exported $1.29B to Turkey. The main products that Finland exported to Turkey were N/A. Over the past 5 years the exports of Finland to Turkey have increased at an annualized rate of 6.28%, from $949M in 2017 to $1.29B in 2022.

In 2020, Finland exported services to Turkey worth $175M, with Computer and information services ($146M), Other business services ($17.1M), and Transportation ($8M) being the largest in terms of value.

Turkey-Finland Trade: In 2022, Turkey exported $797M to Finland. The main products that Turkey exported to Finland were Other Engines ($99.1M), Iron Structures ($77.1M), and Cars ($30.7M). Over the past 5 years the exports of Turkey to Finland have increased at an annualized rate of 16.2%,  from $376M in 2017 to $797M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Latest Data

Trade between Finland (Flag) and Turkey (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Turkey
Top Destination
Germany$21.9B

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

In 2022, countries that imported more from Finland than Turkey included Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

In 2022, countries that imported more from Turkey than Finland included Iraq ($13.7B), Germany ($21.9B), and United Kingdom ($13.7B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Turkey+$27.6MRefined Petroleum
Top Product Potential Turkey Finland+$27.8MCars

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

Product Space of Finland (Flag) and Turkey (Flag) (NaN)

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