2023
Exports
$87.2MWorld Rnk 32 / 212
Flag Rnk 160 / 1207
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$95MWorld Rnk 46 / 223
Flag Rnk 163 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $87.2M in Interchangeable Tool Parts, making it the 32nd largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 160th most exported product in Finland. The main destination of Interchangeable Tool Parts exports from Finland are: United States ($15.1M), Sweden ($7.88M), Norway ($6.26M), Italy ($4.69M), and Canada ($4.04M).

The fastest growing export markets for Interchangeable Tool Parts of Finland between 2022 and 2023 were Italy ($4.01M), Estonia ($1.69M), and Australia ($993k).

Imports In 2023, Finland imported $95M in Interchangeable Tool Parts, becoming the 46th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 163rd most imported product in Finland. Finland imports Interchangeable Tool Parts primarily from: Germany ($30.7M), China ($12.2M), Sweden ($10.1M), Italy ($5.13M), and South Korea ($3.97M).

The fastest growing import markets in Interchangeable Tool Parts for Finland between 2022 and 2023 were Netherlands ($518k), Poland ($489k), and India ($427k).

Latest Trends

Jan 2025

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 Interchangeable Tool Parts. 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)$87.2M
IMPORTS (2023)$95M
NET TRADE (2023)-$7.81M

In 2023, Finland exported $87.2M in Interchangeable Tool Parts. The main destinations of Finland exports on Interchangeable Tool Parts were United States ($15.1M), Sweden ($7.88M), Norway ($6.26M), Italy ($4.69M), and Canada ($4.04M).

In 2023, Finland imported $95M in Interchangeable Tool Parts, mainly from Germany ($30.7M), China ($12.2M), Sweden ($10.1M), Italy ($5.13M), and South Korea ($3.97M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Italy$4.01M (590%)
Estonia$1.69M (147%)
Australia$993k (37.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Finland WERE (2022 - 2023):
Sweden-$3.22M (-29%)
Norway-$2.83M (-31.1%)
Canada-$2.65M (-39.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Interchangeable Tool Parts were:
In 2023, Finland's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.68M
TOP IMPORT POTENTIALChina+ $6.33M

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $7.68M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $6.33M.

See methodology.

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