2022
Exports
$2.92BWorld Rnk 30 / 210
Flag Rnk 5 / 1205
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$3.21BWorld Rnk 43 / 224
Flag Rnk 3 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $2.92B in Cars, making it the 30th largest exporter of Cars in the world. At the same year, Cars was the 5th most exported product in Finland. The main destination of Cars exports from Finland are: Germany ($1.75B), United Kingdom ($238M), United States ($205M), Sweden ($103M), and Canada ($86.7M).

The fastest growing export markets for Cars of Finland between 2021 and 2022 were United Kingdom ($237M), Canada ($59.3M), and United States ($57.8M).

Imports In 2022, Finland imported $3.21B in Cars, becoming the 43rd largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Finland. Finland imports Cars primarily from: Germany ($994M), Sweden ($591M), Czechia ($220M), Japan ($185M), and Belgium ($171M).

The fastest growing import markets in Cars for Finland between 2021 and 2022 were Japan ($27.8M), Hungary ($20.2M), and Belgium ($18.9M).

COMPANIES In 2023, leading companies such as UPM-Kymmene (1) were at the forefront of shipping Cars from Finland to the United States.

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 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 (2022)$2.92B
IMPORTS (2022)$3.21B
NET TRADE (2022)-$295M

In 2022, Finland exported $2.92B in Cars. The main destinations of Finland exports on Cars were Germany ($1.75B), United Kingdom ($238M), United States ($205M), Sweden ($103M), and Canada ($86.7M).

In 2022, Finland imported $3.21B in Cars, mainly from Germany ($994M), Sweden ($591M), Czechia ($220M), Japan ($185M), and Belgium ($171M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United Kingdom$237M (29.8k%)
Canada$59.3M (216%)
United States$57.8M (39.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Finland WERE (2021 - 2022):
Germany-$908M (-34.1%)
Russia-$80.8M (-75.5%)
Japan-$17.4M (-30.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Cars were:
In 2022, 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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