2022
Exports
$74.5MWorld Rnk 61 / 210
Flag Rnk 185 / 1205
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$326MWorld Rnk 33 / 226
Flag Rnk 56 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $74.5M in Baked Goods, making it the 61st largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 185th most exported product in Finland. The main destination of Baked Goods exports from Finland are: Sweden ($20.8M), Germany ($15.3M), Estonia ($10.1M), Norway ($5.06M), and Poland ($2.46M).

The fastest growing export markets for Baked Goods of Finland between 2021 and 2022 were United States ($893k), Lithuania ($759k), and Latvia ($468k).

Imports In 2022, Finland imported $326M in Baked Goods, becoming the 33rd largest importer of Baked Goods in the world. At the same year, Baked Goods was the 56th most imported product in Finland. Finland imports Baked Goods primarily from: Sweden ($85.6M), Germany ($79.5M), Estonia ($41.1M), Netherlands ($23.8M), and Belgium ($17.9M).

The fastest growing import markets in Baked Goods for Finland between 2021 and 2022 were Estonia ($6.12M), Poland ($3.26M), and Belgium ($2.35M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Baked Goods. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.5M
IMPORTS (2022)$326M
NET TRADE (2022)-$251M

In 2022, Finland exported $74.5M in Baked Goods. The main destinations of Finland exports on Baked Goods were Sweden ($20.8M), Germany ($15.3M), Estonia ($10.1M), Norway ($5.06M), and Poland ($2.46M).

In 2022, Finland imported $326M in Baked Goods, mainly from Sweden ($85.6M), Germany ($79.5M), Estonia ($41.1M), Netherlands ($23.8M), and Belgium ($17.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$893k (62.7%)
Lithuania$759k (87.3%)
Latvia$468k (40%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Finland WERE (2021 - 2022):
Russia-$5.43M (-69.9%)
Belgium-$619k (-67.9%)
Ukraine-$497k (-40.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Finland's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.67M
TOP IMPORT POTENTIALPoland+ $6.98M

Baked Goods’s highest export potential is Germany. With an export gap of $4.67M.   Baked Goods’s highest import potential is Poland with an import gap of $6.98M.

See methodology.

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