2022
Exports
$149MWorld Rnk 53 / 225
Flag Rnk 44 / 96
2022
PRODUCT COMPLEXITY IN Footwear
-0.49Rnk 696 / 1025
2022
Imports
$509MWorld Rnk 55 / 225
Flag Rnk 30 / 96
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $149M in Footwear, making it the 53rd largest exporter of Footwear in the world. At the same year, Footwear was the 44th most exported product in Finland. The main destination of Footwear exports from Finland are: Sweden ($66.6M), Germany ($16.9M), Norway ($16.1M), Estonia ($9.24M), and Austria ($5.89M).

The fastest growing export markets for Footwear of Finland between 2021 and 2022 were Germany ($11.5M), France ($3.67M), and Poland ($1.68M).

Imports In 2022, Finland imported $509M in Footwear, becoming the 55th largest importer of Footwear in the world. At the same year, Footwear was the 30th most imported product in Finland. Finland imports Footwear primarily from: China ($105M), Sweden ($76.6M), Germany ($63.1M), Vietnam ($51.8M), and Netherlands ($22.2M).

The fastest growing import markets in Footwear for Finland between 2021 and 2022 were China ($18.7M), Vietnam ($15.1M), and Belgium ($6.88M).

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 Footwear. 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)$149M
IMPORTS (2022)$509M
NET TRADE (2022)-$360M

In 2022, Finland exported $149M in Footwear. The main destinations of Finland exports on Footwear were Sweden ($66.6M), Germany ($16.9M), Norway ($16.1M), Estonia ($9.24M), and Austria ($5.89M).

In 2022, Finland imported $509M in Footwear, mainly from China ($105M), Sweden ($76.6M), Germany ($63.1M), Vietnam ($51.8M), and Netherlands ($22.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Germany$11.5M (216%)
France$3.67M (322%)
Poland$1.68M (205%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Finland WERE (2021 - 2022):
Russia-$5.94M (-69%)
Norway-$1.52M (-8.62%)
Belgium-$158k (-6.41%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Footwear were:
China $63.5B
Vietnam $27.2B
Italy $13.1B
In 2022, Finland's main importing competitors in Footwear were:

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Trade Value of Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.2M
TOP IMPORT POTENTIALChina+ $47.2M

Footwear’s highest export potential is Germany. With an export gap of $11.2M.   Footwear’s highest import potential is China with an import gap of $47.2M.

See methodology.

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