2023
Exports
$331MWorld Rnk 24 / 126
Flag Rnk 67 / 1207
2023
PRODUCT COMPLEXITY IN Ferroalloys
-1.33Rnk 905 / 1025
2023
Imports
$349MWorld Rnk 21 / 171
Flag Rnk 43 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $331M in Ferroalloys, making it the 24th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 67th most exported product in Finland. The main destination of Ferroalloys exports from Finland are: Sweden ($75.2M), Netherlands ($73.4M), United States ($44M), France ($36.3M), and Indonesia ($30.6M).

The fastest growing export markets for Ferroalloys of Finland between 2022 and 2023 were Indonesia ($30.6M), France ($15.6M), and Netherlands ($3.16M).

Imports In 2023, Finland imported $349M in Ferroalloys, becoming the 21st largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 43rd most imported product in Finland. Finland imports Ferroalloys primarily from: Brazil ($86.6M), Norway ($76.7M), South Africa ($33.9M), Dominican Republic ($32.3M), and Colombia ($28M).

The fastest growing import markets in Ferroalloys for Finland between 2022 and 2023 were South Africa ($28.4M), Dominican Republic ($15.7M), and Colombia ($6.57M).

Latest Trends

Dec 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 Ferroalloys. 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)$331M
IMPORTS (2023)$349M
NET TRADE (2023)-$18M

In 2023, Finland exported $331M in Ferroalloys. The main destinations of Finland exports on Ferroalloys were Sweden ($75.2M), Netherlands ($73.4M), United States ($44M), France ($36.3M), and Indonesia ($30.6M).

In 2023, Finland imported $349M in Ferroalloys, mainly from Brazil ($86.6M), Norway ($76.7M), South Africa ($33.9M), Dominican Republic ($32.3M), and Colombia ($28M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Indonesia$30.6M (1%)
France$15.6M (75.1%)
Netherlands$3.16M (4.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Finland WERE (2022 - 2023):
United States-$82.7M (-65.3%)
United Kingdom-$25.9M (-88.1%)
Sweden-$12.3M (-14.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Ferroalloys were:
In 2023, Finland's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $9.09M
TOP IMPORT POTENTIALRussia+ $11M

Ferroalloys’s highest export potential is Japan. With an export gap of $9.09M.   Ferroalloys’s highest import potential is Russia with an import gap of $11M.

See methodology.

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