2022
Exports
$13.3kWorld Rnk 64 / 86
Flag Rnk 1112 / 1205
2022
PRODUCT COMPLEXITY IN Felt Machinery
0.94Rnk 196 / 1025
2022
Imports
$7.34MWorld Rnk 23 / 151
Flag Rnk 681 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $13.3k in Felt Machinery, making it the 64th largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 1112th most exported product in Finland. The main destination of Felt Machinery exports from Finland are: Russia ($6.84k), Lithuania ($3.16k), United States ($1.63k), Belgium ($1k), and United Kingdom ($396).

The fastest growing export markets for Felt Machinery of Finland between 2021 and 2022 were Russia ($6.42k), Lithuania ($3.16k), and United States ($1.63k).

Imports In 2022, Finland imported $7.34M in Felt Machinery, becoming the 23rd largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 681st most imported product in Finland. Finland imports Felt Machinery primarily from: France ($4.67M), Germany ($1.48M), Norway ($881k), China ($210k), and United States ($79.5k).

The fastest growing import markets in Felt Machinery for Finland between 2021 and 2022 were France ($4.1M), Germany ($1.21M), and Norway ($881k).

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 Felt Machinery. 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)$13.3k
IMPORTS (2022)$7.34M
NET TRADE (2022)-$7.33M

In 2022, Finland exported $13.3k in Felt Machinery. The main destinations of Finland exports on Felt Machinery were Russia ($6.84k), Lithuania ($3.16k), United States ($1.63k), Belgium ($1k), and United Kingdom ($396).

In 2022, Finland imported $7.34M in Felt Machinery, mainly from France ($4.67M), Germany ($1.48M), Norway ($881k), China ($210k), and United States ($79.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Russia$6.42k (1.51k%)
Lithuania$3.16k (1%)
United States$1.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Finland WERE (2021 - 2022):
South Africa-$248k (-100%)
Ukraine-$4.97k (-100%)
Singapore-$2.67k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Felt Machinery were:
In 2022, Finland's main importing competitors in Felt Machinery were:

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Trade Value of Felt Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $6.51k
TOP IMPORT POTENTIALChina+ $239k

Felt Machinery’s highest export potential is Russia. With an export gap of $6.51k.   Felt Machinery’s highest import potential is China with an import gap of $239k.

See methodology.

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