2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP
$460BCURRENT US$
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2012-2022
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GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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2022
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GDP PC
$2,688CURRENT US$
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2012-2022
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GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Finland-Bangladesh In 2022, Finland exported $42.3M to Bangladesh. The main products that Finland exported to Bangladesh are Other Uncoated Paper ($12.7M), Kraft Paper ($6.6M), and Kaolin Coated Paper ($3.88M). During the last 27 years the exports of Finland to Bangladesh have increased at an annualized rate of 6.84%, from $7.09M in 1995 to $42.3M in 2022.

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

Bangladesh-Finland In 2022, Bangladesh exported $261M to Finland. The main products that Bangladesh exported to Finland were Knit T-shirts ($43.8M), Knit Sweaters ($40M), and Knit Women's Suits ($29.4M). During the last 27 years the exports of Bangladesh to Finland have increased at an annualized rate of 11.5%, from $13.7M in 1995 to $261M in 2022.

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

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $42.3M to Bangladesh. The main products exported from Finland to Bangladesh were Other Uncoated Paper ($12.7M), Kraft Paper ($6.6M), and Kaolin Coated Paper ($3.88M). During the last 27 years the exports of Finland to Bangladesh have increased at an annualized rate of 6.84%, from $7.09M in 1995 to $42.3M in 2022.

In 2022, Bangladesh exported $261M to Finland. The main products exported from Bangladesh to Finland were Knit T-shirts ($43.8M), Knit Sweaters ($40M), and Knit Women's Suits ($29.4M). During the last 27 years the exports of Bangladesh to Finland have increased at an annualized rate of 11.5%, from $13.7M in 1995 to $261M in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Bangladesh (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Bangladesh
Top Destination
United States$11.7B

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

In 2021, countries that imported more from Finland than Bangladesh were Sweden ($9.1B), China ($4.94B), and Netherlands ($5.88B).

In 2021, countries that imported more from Bangladesh than Finland were Spain ($4.41B), United States ($11.7B), and United Kingdom ($4.86B).

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

Comparative Advantage Finland - Bangladesh

Flow
Scale

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

During 2022, Finland had a large net trade with Bangladesh in the exports of Paper Goods ($27.1M), Machines ($10.5M), and Plastics and Rubbers ($2.67M).

During 2022, Bangladesh had a large net trade with Finland in the exports of Textiles ($252M), Footwear and Headwear ($5.7M), and Miscellaneous ($1.31M).

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 Finland has comparative advantage over Bangladesh. Similarly, the more yellow a dot/product is, the more Bangladesh has comparative advantage over Finland.

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

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