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Pricing

2022
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Exports $1.71BRnk 36 / 218
2022
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Top Product $146MCars
2022
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Exports $1.46BRnk 17 / 207
2022
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Top Product $149MKaolin Coated Paper
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI 1.39Rnk 11 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
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2022
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 GDP$281BCURRENT US$
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2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC $29,350CURRENT US$
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2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186

About

Spain-Finland In 2022, Spain exported $1.71B to Finland. The main products that Spain exported to Finland are Cars ($146M), Iron Structures ($89.6M), and Zinc Ore ($80.2M). During the last 27 years the exports of Spain to Finland have increased at an annualized rate of 5.68%, from $386M in 1995 to $1.71B in 2022.

In 2009, Spain exported services to Finland worth $1.5B, with Services not allocated ($876M) and Travel ($622M) being the largest in terms of value.

Finland-Spain In 2022, Finland exported $1.46B to Spain. The main products that Finland exported to Spain were Kaolin Coated Paper ($149M), Kraft Paper ($94.4M), and Other Uncoated Paper ($71.6M). During the last 27 years the exports of Finland to Spain have increased at an annualized rate of 1.34%, from $1.02B in 1995 to $1.46B in 2022.

In 2020, Finland exported services to Spain worth $401M, with Computer and information services ($163M), Royalties and license fees ($93.7M), and Other business services ($70.8M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €84.1M and imported €102M from Finland, resulting in a negative trade balance of €17.8M. Between January 2023 and January 2024 the exports of Spain have decreased by €-64.4M (-43.4%) from €148M to €84.1M, while imports decreased by €-12.5M (-10.9%) from €114M to €102M.

Trade In January 2024, the top exports of Spain to Finland were Coal Briquettes (€41.8M), Cars (€11.8M), Zinc Ore (€7.57M), Citrus (€7.05M), and Iron Structures (€5.48M). In January 2024 the top imports of Spain from Finland were Kaolin Coated Paper (€16.1M), Telephones (€9.27M), Other Uncoated Paper (€6.31M), Kraft Paper (€6.02M), and Large Flat-Rolled Stainless Steel (€4.78M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€13.6M), Guipúzcoa (€7.69M), Valencia (€6.72M), Vizcaya (€4.52M), and Murcia (€4.41M), while imports destinations were mainly Barcelona (€21M), Madrid (€20.4M), Guipúzcoa (€8.05M), Vizcaya (€7.11M), and Valencia (€4.66M).

Growth In January 2024, the decrease in Spain's year-by-year exports to Finland was explained primarily by an decrease in product exports in Zinc Ore (€-1.61M or -17.5%), Unpackaged Medicaments (€-978k or -57.8%), and Rice (€-657k or -98.1%). In January 2024, the decrease in Spain's year-by-year imports  from Finland was explained primarily by an decrease in product imports  in Cars (€-3.09M or -71.7%), Kraft Paper (€-1.37M or -18.5%), and Sawn Wood (€-1.32M or -45.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-64.4M(-43.4%)
IMPORT GROWTH (January 2023 - January 2024)€-12.5M(-10.9%)
MAIN EXPORTER (January 2024)Barcelona€13.6M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Finland and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $1.71B to Finland. The main products exported from Spain to Finland were Cars ($146M), Iron Structures ($89.6M), and Zinc Ore ($80.2M). During the last 27 years the exports of Spain to Finland have increased at an annualized rate of 5.68%, from $386M in 1995 to $1.71B in 2022.

In 2022, Finland exported $1.46B to Spain. The main products exported from Finland to Spain were Kaolin Coated Paper ($149M), Kraft Paper ($94.4M), and Other Uncoated Paper ($71.6M). During the last 27 years the exports of Finland to Spain have increased at an annualized rate of 1.34%, from $1.02B in 1995 to $1.46B in 2022.

Exports from Spain (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Finland
Top DestinationGermany$9.99B

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

In 2021, countries that imported more from Spain than Finland were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Finland than Spain were Sweden ($9.1B), Estonia ($3.58B), and Russia ($2.14B).

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

Comparative Advantage Spain - Finland

Flow
Scale

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

During 2022, Spain had a large net trade with Finland in the exports of Machines ($349M), Metals ($294M), and Transportation ($287M).

During 2022, Finland had a large net trade with Spain in the exports of Paper Goods ($451M), Machines ($330M), and Metals ($230M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Finland worth $1.5B, with Services not allocated ($876M) and Travel ($622M) being the largest in terms of value.

In 2020, Finland exported services to Spain worth $401M, with Computer and information services ($163M), Royalties and license fees ($93.7M), and Other business services ($70.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Finland (Flag) (2009)

Services Exports from Finland (Flag) to Spain (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Spain.

Product Space of Spain (Flag) and Finland (Flag) (2022)

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