2022
Exports
$1.16MWorld Rnk 23 / 78
Flag Rnk 737 / 1205
2022
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.68Rnk 28 / 1025
2022
Imports
$34.2MWorld Rnk 19 / 148
Flag Rnk 391 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.16M in Hot-Rolled Stainless Steel Bars, making it the 23rd largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 737th most exported product in Finland. The main destination of Hot-Rolled Stainless Steel Bars exports from Finland are: Estonia ($698k), Germany ($408k), Spain ($42.1k), Lithuania ($4.77k), and China ($3.35k).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Finland between 2021 and 2022 were Estonia ($175k), Spain ($42.1k), and Lithuania ($4.77k).

Imports In 2022, Finland imported $34.2M in Hot-Rolled Stainless Steel Bars, becoming the 19th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 391st most imported product in Finland. Finland imports Hot-Rolled Stainless Steel Bars primarily from: India ($14.1M), Spain ($11.9M), Germany ($2.28M), Sweden ($2.24M), and Italy ($1.98M).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Finland between 2021 and 2022 were Spain ($5.85M), India ($5.7M), and Germany ($2.28M).

Latest Trends

Oct 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 Hot-Rolled Stainless Steel Bars. 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)$1.16M
IMPORTS (2022)$34.2M
NET TRADE (2022)-$33M

In 2022, Finland exported $1.16M in Hot-Rolled Stainless Steel Bars. The main destinations of Finland exports on Hot-Rolled Stainless Steel Bars were Estonia ($698k), Germany ($408k), Spain ($42.1k), Lithuania ($4.77k), and China ($3.35k).

In 2022, Finland imported $34.2M in Hot-Rolled Stainless Steel Bars, mainly from India ($14.1M), Spain ($11.9M), Germany ($2.28M), Sweden ($2.24M), and Italy ($1.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Estonia$175k (33.4%)
Spain$42.1k (1%)
Lithuania$4.77k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Finland WERE (2021 - 2022):
Germany-$212k (-34.2%)
Italy-$67.6k (-100%)
Netherlands-$14.7k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
In 2022, Finland's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $99.1k
TOP IMPORT POTENTIALSweden+ $940k

Hot-Rolled Stainless Steel Bars’s highest export potential is Germany. With an export gap of $99.1k.   Hot-Rolled Stainless Steel Bars’s highest import potential is Sweden with an import gap of $940k.

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