2023
Exports
$1.7BWorld Rnk 32 / 210
Flag Rnk 8 / 1207
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$4.37BWorld Rnk 34 / 225
Flag Rnk 2 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $1.7B in Cars, making it the 32nd largest exporter of Cars in the world. At the same year, Cars was the 8th most exported product in Finland. The main destination of Cars exports from Finland are: Germany ($754M), United Kingdom ($220M), Sweden ($92.2M), Canada ($72M), and Lithuania ($70.2M).

The fastest growing export markets for Cars of Finland between 2022 and 2023 were Switzerland ($15.5M), Japan ($15.3M), and China ($10.2M).

Imports In 2023, Finland imported $4.37B in Cars, becoming the 34th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Finland. Finland imports Cars primarily from: Germany ($1.41B), Sweden ($599M), Czechia ($341M), Japan ($260M), and South Korea ($217M).

The fastest growing import markets in Cars for Finland between 2022 and 2023 were Germany ($267M), Sweden ($212M), and China ($152M).

Latest Trends

Dec 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 Cars. 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 (2023)$1.7B
IMPORTS (2023)$4.37B
NET TRADE (2023)-$2.67B

In 2023, Finland exported $1.7B in Cars. The main destinations of Finland exports on Cars were Germany ($754M), United Kingdom ($220M), Sweden ($92.2M), Canada ($72M), and Lithuania ($70.2M).

In 2023, Finland imported $4.37B in Cars, mainly from Germany ($1.41B), Sweden ($599M), Czechia ($341M), Japan ($260M), and South Korea ($217M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Switzerland$15.5M (182%)
Japan$15.3M (33.4%)
China$10.2M (317%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Finland WERE (2022 - 2023):
United States-$1.07B (-93.9%)
Germany-$233M (-23.6%)
United Kingdom-$94M (-29.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Finland's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $331M
TOP IMPORT POTENTIALGermany+ $142M

Cars’s highest export potential is United States. With an export gap of $331M.   Cars’s highest import potential is Germany with an import gap of $142M.

See methodology.

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