2022
Exports
$14.3MWorld Rnk 35 / 171
Flag Rnk 371 / 1205
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$25.9MWorld Rnk 35 / 220
Flag Rnk 441 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $14.3M in Iron Nails, making it the 35th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 371st most exported product in Finland. The main destination of Iron Nails exports from Finland are: Sweden ($3.65M), Russia ($3.17M), Poland ($1.64M), Norway ($949k), and Estonia ($803k).

The fastest growing export markets for Iron Nails of Finland between 2021 and 2022 were Sweden ($1.02M), Kazakhstan ($432k), and Poland ($306k).

Imports In 2022, Finland imported $25.9M in Iron Nails, becoming the 35th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 441st most imported product in Finland. Finland imports Iron Nails primarily from: China ($7.47M), Denmark ($2.7M), Switzerland ($2.32M), Austria ($2.06M), and Japan ($1.65M).

The fastest growing import markets in Iron Nails for Finland between 2021 and 2022 were Austria ($1.28M), China ($1.22M), and Switzerland ($522k).

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 Iron Nails. 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)$14.3M
IMPORTS (2022)$25.9M
NET TRADE (2022)-$11.7M

In 2022, Finland exported $14.3M in Iron Nails. The main destinations of Finland exports on Iron Nails were Sweden ($3.65M), Russia ($3.17M), Poland ($1.64M), Norway ($949k), and Estonia ($803k).

In 2022, Finland imported $25.9M in Iron Nails, mainly from China ($7.47M), Denmark ($2.7M), Switzerland ($2.32M), Austria ($2.06M), and Japan ($1.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Sweden$1.02M (38.6%)
Kazakhstan$432k (167%)
Poland$306k (23.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Finland WERE (2021 - 2022):
Russia-$8.21M (-72.1%)
Denmark-$399k (-69.1%)
France-$110k (-55%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Iron Nails were:
In 2022, Finland's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $511k
TOP IMPORT POTENTIALChina+ $1.63M

Iron Nails’s highest export potential is United States. With an export gap of $511k.   Iron Nails’s highest import potential is China with an import gap of $1.63M.

See methodology.

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