2022
Exports
$3.19MWorld Rnk 64 / 156
Flag Rnk 600 / 1205
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$47.9MWorld Rnk 48 / 216
Flag Rnk 319 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $3.19M in Iron Wire, making it the 64th largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 600th most exported product in Finland. The main destination of Iron Wire exports from Finland are: Spain ($748k), Russia ($740k), Estonia ($523k), Sweden ($477k), and United States ($225k).

The fastest growing export markets for Iron Wire of Finland between 2021 and 2022 were Spain ($748k), Estonia ($396k), and United States ($219k).

Imports In 2022, Finland imported $47.9M in Iron Wire, becoming the 48th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 319th most imported product in Finland. Finland imports Iron Wire primarily from: Czechia ($11.5M), Slovakia ($6.41M), Sweden ($5.84M), China ($5.29M), and Italy ($2.97M).

The fastest growing import markets in Iron Wire for Finland between 2021 and 2022 were Lithuania ($1.89M), China ($1.85M), and Spain ($1.58M).

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 Wire. 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)$3.19M
IMPORTS (2022)$47.9M
NET TRADE (2022)-$44.7M

In 2022, Finland exported $3.19M in Iron Wire. The main destinations of Finland exports on Iron Wire were Spain ($748k), Russia ($740k), Estonia ($523k), Sweden ($477k), and United States ($225k).

In 2022, Finland imported $47.9M in Iron Wire, mainly from Czechia ($11.5M), Slovakia ($6.41M), Sweden ($5.84M), China ($5.29M), and Italy ($2.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Spain$748k (1.27M%)
Estonia$396k (311%)
United States$219k (3.42k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Finland WERE (2021 - 2022):
Russia-$354k (-32.3%)
United Arab Emirates-$104k (-100%)
Poland-$45k (-93.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $326k
TOP IMPORT POTENTIALChina+ $3.64M

Iron Wire’s highest export potential is United States. With an export gap of $326k.   Iron Wire’s highest import potential is China with an import gap of $3.64M.

See methodology.

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