2023
Exports
$426MWorld Rnk 24 / 215
Flag Rnk 44 / 1207
2023
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.72Rnk 22 / 1025
2023
Imports
$181MWorld Rnk 40 / 225
Flag Rnk 93 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $426M in Chemical Analysis Instruments, making it the 24th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 44th most exported product in Finland. The main destination of Chemical Analysis Instruments exports from Finland are: United States ($170M), China ($37.6M), Germany ($30.8M), United Kingdom ($20.6M), and Japan ($15.3M).

The fastest growing export markets for Chemical Analysis Instruments of Finland between 2022 and 2023 were United States ($82.4M), South Korea ($7.39M), and Germany ($5.73M).

Imports In 2023, Finland imported $181M in Chemical Analysis Instruments, becoming the 40th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 93rd most imported product in Finland. Finland imports Chemical Analysis Instruments primarily from: United States ($44.3M), Germany ($40M), United Kingdom ($8.81M), Sweden ($8.55M), and Switzerland ($7.95M).

The fastest growing import markets in Chemical Analysis Instruments for Finland between 2022 and 2023 were Germany ($2.3M), Estonia ($2.07M), and Austria ($1.58M).

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 Chemical Analysis Instruments. 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)$426M
IMPORTS (2023)$181M
NET TRADE (2023)$246M

In 2023, Finland exported $426M in Chemical Analysis Instruments. The main destinations of Finland exports on Chemical Analysis Instruments were United States ($170M), China ($37.6M), Germany ($30.8M), United Kingdom ($20.6M), and Japan ($15.3M).

In 2023, Finland imported $181M in Chemical Analysis Instruments, mainly from United States ($44.3M), Germany ($40M), United Kingdom ($8.81M), Sweden ($8.55M), and Switzerland ($7.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Finland WERE (2022 - 2023):
United States$82.4M (94%)
South Korea$7.39M (116%)
Germany$5.73M (22.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Finland WERE (2022 - 2023):
China-$17.8M (-32.1%)
Russia-$9.95M (-67.8%)
Chinese Taipei-$2.94M (-72.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Chemical Analysis Instruments were:
In 2023, Finland's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $25.6M
TOP IMPORT POTENTIALUnited States+ $7.61M

Chemical Analysis Instruments’s highest export potential is China. With an export gap of $25.6M.   Chemical Analysis Instruments’s highest import potential is United States with an import gap of $7.61M.

See methodology.

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