2023
Exports
$127MWorld Rnk 16 / 197
Flag Rnk 127 / 1207
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$57.7MWorld Rnk 42 / 224
Flag Rnk 257 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $127M in Electric Soldering Equipment, making it the 16th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 127th most exported product in Finland. The main destination of Electric Soldering Equipment exports from Finland are: Japan ($14.9M), Poland ($8.89M), France ($8.02M), Germany ($7.72M), and Sweden ($7.11M).

The fastest growing export markets for Electric Soldering Equipment of Finland between 2022 and 2023 were Japan ($14.8M), Saudi Arabia ($2.86M), and Poland ($2.62M).

Imports In 2023, Finland imported $57.7M in Electric Soldering Equipment, becoming the 42nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 257th most imported product in Finland. Finland imports Electric Soldering Equipment primarily from: China ($14.7M), Estonia ($9.07M), Germany ($7.55M), Austria ($6M), and Sweden ($3.77M).

The fastest growing import markets in Electric Soldering Equipment for Finland between 2022 and 2023 were Estonia ($5.54M), Austria ($2.96M), and Germany ($995k).

Latest Trends

Jan 2025

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 Electric Soldering Equipment. 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)$127M
IMPORTS (2023)$57.7M
NET TRADE (2023)$69.6M

In 2023, Finland exported $127M in Electric Soldering Equipment. The main destinations of Finland exports on Electric Soldering Equipment were Japan ($14.9M), Poland ($8.89M), France ($8.02M), Germany ($7.72M), and Sweden ($7.11M).

In 2023, Finland imported $57.7M in Electric Soldering Equipment, mainly from China ($14.7M), Estonia ($9.07M), Germany ($7.55M), Austria ($6M), and Sweden ($3.77M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Japan$14.8M (46.7k%)
Saudi Arabia$2.86M (695%)
Poland$2.62M (41.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Finland WERE (2022 - 2023):
United Arab Emirates-$8.8M (-66.8%)
Australia-$3.27M (-33.2%)
Russia-$2.79M (-95.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Electric Soldering Equipment were:
In 2023, Finland's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $4.05M
TOP IMPORT POTENTIALChina+ $3M

Electric Soldering Equipment’s highest export potential is China. With an export gap of $4.05M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $3M.

See methodology.

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