2022
Exports
$6.85MWorld Rnk 60 / 186
Flag Rnk 476 / 1205
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$49.9MWorld Rnk 51 / 221
Flag Rnk 315 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $6.85M in Coffee and Tea Extracts, making it the 60th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 476th most exported product in Finland. The main destination of Coffee and Tea Extracts exports from Finland are: Russia ($5.95M), Sweden ($203k), Italy ($174k), Estonia ($158k), and Lithuania ($149k).

The fastest growing export markets for Coffee and Tea Extracts of Finland between 2021 and 2022 were Kazakhstan ($95.1k), Sweden ($81.5k), and Estonia ($33.2k).

Imports In 2022, Finland imported $49.9M in Coffee and Tea Extracts, becoming the 51st largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 315th most imported product in Finland. Finland imports Coffee and Tea Extracts primarily from: Brazil ($24.7M), Sweden ($5.89M), Ecuador ($4.95M), Germany ($4.9M), and Switzerland ($3.18M).

The fastest growing import markets in Coffee and Tea Extracts for Finland between 2021 and 2022 were Brazil ($17.4M), Ecuador ($4.95M), and Denmark ($843k).

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 Coffee and Tea Extracts. 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)$6.85M
IMPORTS (2022)$49.9M
NET TRADE (2022)-$43.1M

In 2022, Finland exported $6.85M in Coffee and Tea Extracts. The main destinations of Finland exports on Coffee and Tea Extracts were Russia ($5.95M), Sweden ($203k), Italy ($174k), Estonia ($158k), and Lithuania ($149k).

In 2022, Finland imported $49.9M in Coffee and Tea Extracts, mainly from Brazil ($24.7M), Sweden ($5.89M), Ecuador ($4.95M), Germany ($4.9M), and Switzerland ($3.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Kazakhstan$95.1k (1%)
Sweden$81.5k (67%)
Estonia$33.2k (26.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Finland WERE (2021 - 2022):
Russia-$641k (-9.73%)
Lithuania-$335k (-69.3%)
Italy-$62.5k (-26.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Coffee and Tea Extracts were:
In 2022, Finland's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSweden+ $245k
TOP IMPORT POTENTIALGermany+ $1.31M

Coffee and Tea Extracts’s highest export potential is Sweden. With an export gap of $245k.   Coffee and Tea Extracts’s highest import potential is Germany with an import gap of $1.31M.

See methodology.

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