Germany-Finland Bilateral Trade Analysis 2023

Complete trade statistics: $21.12B total volume โ€ขGermany surplus: $2.72B

Germany โ†’ Finland

$11.92B

Exports (2023)

Finland โ†’ Germany

$9.20B

Imports (2023)

Trade Balance

$2.72B

Surplus for Germany

Total Trade

$21.12B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Germany and Finland. Green line shows exports from Germany, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Germany-Finland commercial relationship and competitive positioning in global markets.

Germany โ†’ Finland Exports

$11.92B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
4.8% top product
1Vehicles: with only electric motor for propulsion
$576.47M
4.8% of exports
2Ferrous waste and scrap: of stainless steel
$511.36M
4.3% of exports
3Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power
$324.83M
2.7% of exports
4Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$319.21M
2.7% of exports
5Electrical static converters
$181.81M
1.5% of exports
6Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts
$141.38M
1.2% of exports
7Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm
$133.37M
1.1% of exports
8Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$128.20M
1.1% of exports
9Electric generating sets: wind-powered, (excluding those with spark-ignition or compression-ignition internal combustion piston engines)
$121.56M
1.0% of exports
10Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84, other than ships' or boats' propellers and blades therefor
$104.50M
0.9% of exports

๐ŸŽฏ Strategic Export Focus

Germany's export portfolio to Finland demonstrates strong diversification across multiple sectors, with vehicles: with only electric motor for propulsion representing a key competitive advantage in this bilateral market.

Finland โ†’ Germany Imports

$9.20B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
6.3% concentration
1Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
$578.61M
6.3% of imports
2Paper and paperboard: multi-ply, coated with kaolin or other inorganic substances only, for non-graphic purposes, n.e.c. in heading no. 4810, in rolls or sheets
$402.76M
4.4% of imports
3Copper: refined, unwrought, cathodes and sections of cathodes
$356.18M
3.9% of imports
4Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$289.34M
3.1% of imports
5Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$257.88M
2.8% of imports
6Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, in coils, of a thickness of 3mm or more but less than 4.75mm
$214.52M
2.3% of imports
7Wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous wood
$206.62M
2.2% of imports
8Zinc: unwrought, (not alloyed), containing by weight 99.99% or more of zinc
$197.74M
2.1% of imports
9Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
$197.00M
2.1% of imports
10Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power
$190.61M
2.1% of imports

๐Ÿ“ฆ Import Strategy Analysis

Germany's import pattern from Finland reveals strategic sourcingin electric accumulators: lithium-ion, including separators, whether or not rectangular (including square), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Germany demonstrates competitive strength in exportingvehicles: with only electric motor for propulsion to Finland, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $21.12B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Germany-Finland Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $21.12 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Germany maintains a surplus of $2.72 billion
  • Export Focus: Germany's primary exports include vehicles: with only electric motor for propulsion, ferrous waste and scrap: of stainless steel, vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power
  • Import Dependencies: Key imports from Finland include electric accumulators: lithium-ion, including separators, whether or not rectangular (including square), paper and paperboard: multi-ply, coated with kaolin or other inorganic substances only, for non-graphic purposes, n.e.c. in heading no. 4810, in rolls or sheets, copper: refined, unwrought, cathodes and sections of cathodes

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $21.12B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Germany leveraging its comparative advantages in vehicles: with only electric motor for propulsion.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Germany's specialization in vehicles: with only electric motor for propulsioncomplements Finland's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in electric accumulators: lithium-ion, including separators, whether or not rectangular (including square).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $21.12B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $21.12B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $21.12 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in vehicles: with only electric motor for propulsion and electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Germany's trade surplus of $2.72 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in ferrous waste and scrap: of stainless steel present expansion opportunities.
Market Diversification
Beyond current focus on electric accumulators: lithium-ion, including separators, whether or not rectangular (including square), new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in vehicles: with only electric motor for propulsion may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Germany and Finland represents a total trade volume of $21.12 billion in 2023. This partnership demonstrates a favorable trade balance for Germany, with exports exceeding importsby $2.72 billion.

Export Strengths

Germany's exports to Finland total $11.92 billion, with competitive advantages in vehicles: with only electric motor for propulsion, representing $576.47M or4.8% of bilateral exports.

Import Dependencies

Imports from Finland amount to $9.20 billion, highlighting economic interdependence in electric accumulators: lithium-ion, including separators, whether or not rectangular (including square), with Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) comprising6.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Germany's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Germany and Finland in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023