2021
Exports | Imports
$124M | $45.9MWorld Rnk 17 / 196
Flag Rnk 127 / 1202
World Rnk 47 / 220
Flag Rnk 314 / 1207
2021
ECONOMIC COMPLEXITY of Finland
1.42Rnk 13 / 131
2021
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.94Rnk 8 / 1024

About

Exports In 2021, Finland exported $124M in Electric Soldering Equipment, making it the 17th 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: Germany ($9.22M), Russia ($8.12M), Australia ($7.88M), France ($7.7M), and China ($7.32M).

The fastest growing export markets for Electric Soldering Equipment of Finland between 2020 and 2021 were United States ($5.65M), Germany ($1.96M), and Netherlands ($1.82M).

Imports In 2021, Finland imported $45.9M in Electric Soldering Equipment, becoming the 47th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 314th most imported product in Finland. Finland imports Electric Soldering Equipment primarily from: China ($8.77M), Sweden ($8.74M), Germany ($7.44M), Poland ($3.64M), and Italy ($3.1M).

The fastest growing import markets in Electric Soldering Equipment for Finland between 2020 and 2021 were Sweden ($2.28M), Poland ($2.28M), and Italy ($950k).

Latest Trends

Dec 2023

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 (2021)$124M
IMPORTS (2021)$45.9M
NET TRADE (2021)$77.6M

In 2021, Finland exported $124M in Electric Soldering Equipment. The main destinations of Finland exports on Electric Soldering Equipment were Germany ($9.22M), Russia ($8.12M), Australia ($7.88M), France ($7.7M), and China ($7.32M).

In 2021, Finland imported $45.9M in Electric Soldering Equipment, mainly from China ($8.77M), Sweden ($8.74M), Germany ($7.44M), Poland ($3.64M), and Italy ($3.1M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Finland WERE (2020 - 2021):
United States$5.65M (487%)
Germany$1.96M (27%)
Netherlands$1.82M (47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Finland WERE (2020 - 2021):
Russia-$4.45M (-35.4%)
Azerbaijan-$1.31M (-99%)
United Kingdom-$914k (-15%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Finland's main exporting competitors in Electric Soldering Equipment were:
China $2.74B
Japan $1.18B
In 2021, Finland's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

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