2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Finland-Norway In 2022, Finland exported $2.35B to Norway. The main products that Finland exported to Norway are Nickel Mattes ($269M), Rubber Tires ($92.3M), and Electrical Transformers ($71.9M). During the last 27 years the exports of Finland to Norway have increased at an annualized rate of 2.35%, from $1.25B in 1995 to $2.35B in 2022.

In 2020, Finland exported services to Norway worth $700M, with Computer and information services ($308M), Other business services ($163M), and Transportation ($132M) being the largest in terms of value.

Norway-Finland In 2022, Norway exported $6.36B to Finland. The main products that Norway exported to Finland were Crude Petroleum ($5.05B), Non-fillet Fresh Fish ($176M), and Ferroalloys ($126M). During the last 27 years the exports of Norway to Finland have increased at an annualized rate of 6.16%, from $1.27B in 1995 to $6.36B in 2022.

In 2009, Norway exported services to Finland worth $865M, with Other business services ($374M), Travel ($195M), and Transportation ($138M) being the largest in terms of value.

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $2.35B to Norway. The main products exported from Finland to Norway were Nickel Mattes ($269M), Rubber Tires ($92.3M), and Electrical Transformers ($71.9M). During the last 27 years the exports of Finland to Norway have increased at an annualized rate of 2.35%, from $1.25B in 1995 to $2.35B in 2022.

In 2022, Norway exported $6.36B to Finland. The main products exported from Norway to Finland were Crude Petroleum ($5.05B), Non-fillet Fresh Fish ($176M), and Ferroalloys ($126M). During the last 27 years the exports of Norway to Finland have increased at an annualized rate of 6.16%, from $1.27B in 1995 to $6.36B in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Norway (Flag)

Finland Exports

Norway Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Finland than Norway were United States ($9.17B), Estonia ($3.58B), and Russia ($2.14B).

In 2021, countries that imported more from Norway than Finland were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Finland - Norway

Flow
Scale

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

During 2022, Finland had a large net trade with Norway in the exports of Metals ($568M), Machines ($506M), and Transportation ($310M).

During 2022, Norway had a large net trade with Finland in the exports of Mineral Products ($5.22B), Metals ($436M), and Animal Products ($224M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to Norway worth $700M, with Computer and information services ($308M), Other business services ($163M), and Transportation ($132M) being the largest in terms of value.

In 2009, Norway exported services to Finland worth $865M, with Other business services ($374M), Travel ($195M), and Transportation ($138M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with