2022
Exports
$11MWorld Rnk 36 / 123
Flag Rnk 408 / 1205
2022
PRODUCT COMPLEXITY IN Inorganic Salts
-0.39Rnk 671 / 1025
2022
Imports
$10.2MWorld Rnk 44 / 186
Flag Rnk 614 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $11M in Inorganic Salts, making it the 36th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 408th most exported product in Finland. The main destination of Inorganic Salts exports from Finland are: South Korea ($10.8M), Germany ($66.3k), United States ($60.7k), Latvia ($40.6k), and Netherlands ($21.3k).

The fastest growing export markets for Inorganic Salts of Finland between 2021 and 2022 were South Korea ($944k), Germany ($66.2k), and United States ($56.8k).

Imports In 2022, Finland imported $10.2M in Inorganic Salts, becoming the 44th largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 614th most imported product in Finland. Finland imports Inorganic Salts primarily from: Portugal ($6.2M), France ($1.74M), Belgium ($587k), Denmark ($488k), and Bolivia ($373k).

The fastest growing import markets in Inorganic Salts for Finland between 2021 and 2022 were France ($651k), Portugal ($469k), and Bolivia ($373k).

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 Salts. 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)$11M
IMPORTS (2022)$10.2M
NET TRADE (2022)$761k

In 2022, Finland exported $11M in Inorganic Salts. The main destinations of Finland exports on Inorganic Salts were South Korea ($10.8M), Germany ($66.3k), United States ($60.7k), Latvia ($40.6k), and Netherlands ($21.3k).

In 2022, Finland imported $10.2M in Inorganic Salts, mainly from Portugal ($6.2M), France ($1.74M), Belgium ($587k), Denmark ($488k), and Bolivia ($373k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Finland WERE (2021 - 2022):
South Korea$944k (9.6%)
Germany$66.2k (120k%)
United States$56.8k (1.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Finland WERE (2021 - 2022):
United Kingdom-$2.13M (-99.7%)
Belgium-$500k (-100%)
China-$92.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $230k
TOP IMPORT POTENTIALChina+ $385k

Inorganic Salts’s highest export potential is United States. With an export gap of $230k.   Inorganic Salts’s highest import potential is China with an import gap of $385k.

See methodology.

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