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2022
Exports $2.17MWorld Rnk 74 / 196
Flag Rnk 660 / 1205
2022
Destination $166k Germany
2021 - 2022
FASTEST GROWING MARKET $166kNetherlands
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $2.62MWorld Rnk 76 / 214
Flag Rnk 869 / 1211
2022
Origin $94.5k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $94.5kSweden
2022
ECONOMIC COMPLEXITY of Finland1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $2.17M in Essential Oils, making it the 74th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 660th most exported product in Finland. The main destination of Essential Oils exports from Finland are: Germany ($402k), United States ($233k), Netherlands ($227k), Canada ($190k), and Australia ($172k).

The fastest growing export markets for Essential Oils of Finland between 2021 and 2022 were Netherlands ($166k), Switzerland ($68.7k), and Oman ($58.5k).

Imports In 2022, Finland imported $2.62M in Essential Oils, becoming the 76th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 869th most imported product in Finland. Finland imports Essential Oils primarily from: Netherlands ($539k), Germany ($527k), Sweden ($257k), China ($191k), and India ($181k).

The fastest growing import markets in Essential Oils for Finland between 2021 and 2022 were Sweden ($94.5k), China ($65.1k), and India ($57.8k).

Latest Trends

Sep 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 Essential Oils. 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)$2.17M
IMPORTS (2022)$2.62M
NET TRADE (2022)-$455k

In 2022, Finland exported $2.17M in Essential Oils. The main destinations of Finland exports on Essential Oils were Germany ($402k), United States ($233k), Netherlands ($227k), Canada ($190k), and Australia ($172k).

In 2022, Finland imported $2.62M in Essential Oils, mainly from Netherlands ($539k), Germany ($527k), Sweden ($257k), China ($191k), and India ($181k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Netherlands$166k (274%)
Switzerland$68.7k (15.6k%)
Oman$58.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Finland WERE (2021 - 2022):
Australia-$69.6k (-28.8%)
Russia-$66.1k (-72.4%)
Sweden-$50.2k (-45.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Finland's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $305k
TOP IMPORT POTENTIALIndia+ $292k

Essential Oils’s highest export potential is United States. With an export gap of $305k.   Essential Oils’s highest import potential is India with an import gap of $292k.

See methodology.

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