2022
Exports
$1.32BWorld Rnk 37 / 210
Flag Rnk 18 / 96
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$1.11BWorld Rnk 36 / 225
Flag Rnk 15 / 96
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.32B in Inorganic chemicals, making it the 37th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 18th most exported product in Finland. The main destination of Inorganic chemicals exports from Finland are: Japan ($201M), Belgium ($182M), China ($154M), Germany ($95.2M), and Sweden ($92.4M).

The fastest growing export markets for Inorganic chemicals of Finland between 2021 and 2022 were China ($134M), Belgium ($43.3M), and Japan ($24.4M).

Imports In 2022, Finland imported $1.11B in Inorganic chemicals, becoming the 36th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 15th most imported product in Finland. Finland imports Inorganic chemicals primarily from: Germany ($249M), Namibia ($108M), United States ($75.1M), Norway ($70M), and Poland ($66.8M).

The fastest growing import markets in Inorganic chemicals for Finland between 2021 and 2022 were United States ($59.7M), Namibia ($54.6M), and South Africa ($53.1M).

COMPANIES In 2023, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (12) were at the forefront of shipping Inorganic chemicals from Finland to the United States.

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 Inorganic chemicals. 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)$1.32B
IMPORTS (2022)$1.11B
NET TRADE (2022)$206M

In 2022, Finland exported $1.32B in Inorganic chemicals. The main destinations of Finland exports on Inorganic chemicals were Japan ($201M), Belgium ($182M), China ($154M), Germany ($95.2M), and Sweden ($92.4M).

In 2022, Finland imported $1.11B in Inorganic chemicals, mainly from Germany ($249M), Namibia ($108M), United States ($75.1M), Norway ($70M), and Poland ($66.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Finland WERE (2021 - 2022):
China$134M (661%)
Belgium$43.3M (31.4%)
Japan$24.4M (13.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Finland WERE (2021 - 2022):
Russia-$61.5M (-95.7%)
Turkey-$35.7M (-77.2%)
Canada-$8.64M (-40.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Inorganic chemicals were:
In 2022, Finland's main importing competitors in Inorganic chemicals were:

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $3.27M
TOP IMPORT POTENTIALChina+ $16.9M

Inorganic chemicals’s highest export potential is Russia. With an export gap of $3.27M.   Inorganic chemicals’s highest import potential is China with an import gap of $16.9M.

See methodology.

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