2022
Exports
$93.6MWorld Rnk 54 / 195
Flag Rnk 53 / 96
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$157MWorld Rnk 115 / 222
Flag Rnk 61 / 96
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $93.6M in Cereals, making it the 54th largest exporter of Cereals in the world. At the same year, Cereals was the 53rd most exported product in Finland. The main destination of Cereals exports from Finland are: Germany ($39.1M), Nigeria ($26.3M), United States ($10.3M), Belgium ($10.3M), and Spain ($2.73M).

The fastest growing export markets for Cereals of Finland between 2021 and 2022 were Nigeria ($26.3M), United States ($10.3M), and Bulgaria ($151k).

Imports In 2022, Finland imported $157M in Cereals, becoming the 115th largest importer of Cereals in the world. At the same year, Cereals was the 61st most imported product in Finland. Finland imports Cereals primarily from: Poland ($53.8M), Estonia ($25.5M), Italy ($9.99M), Spain ($9.39M), and Germany ($8.62M).

The fastest growing import markets in Cereals for Finland between 2021 and 2022 were Poland ($41.4M), Estonia ($17.6M), and Germany ($6.38M).

Latest Trends

Jul 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 Cereals. 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)$93.6M
IMPORTS (2022)$157M
NET TRADE (2022)-$63.1M

In 2022, Finland exported $93.6M in Cereals. The main destinations of Finland exports on Cereals were Germany ($39.1M), Nigeria ($26.3M), United States ($10.3M), Belgium ($10.3M), and Spain ($2.73M).

In 2022, Finland imported $157M in Cereals, mainly from Poland ($53.8M), Estonia ($25.5M), Italy ($9.99M), Spain ($9.39M), and Germany ($8.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Nigeria$26.3M (1%)
United States$10.3M (2M%)
Bulgaria$151k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Finland WERE (2021 - 2022):
Germany-$21.4M (-35.4%)
Netherlands-$12M (-89%)
Tunisia-$6.7M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Cereals were:
In 2022, Finland's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.62M
TOP IMPORT POTENTIALIndia+ $2.78M

Cereals’s highest export potential is United States. With an export gap of $1.62M.   Cereals’s highest import potential is India with an import gap of $2.78M.

See methodology.

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