2022
Exports
$999MWorld Rnk 23 / 216
Flag Rnk 13 / 1205
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$441MWorld Rnk 41 / 225
Flag Rnk 37 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $999M in Machinery Having Individual Functions, making it the 23rd largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 13th most exported product in Finland. The main destination of Machinery Having Individual Functions exports from Finland are: China ($153M), United States ($116M), Netherlands ($68.4M), Spain ($67.2M), and Sweden ($58.3M).

The fastest growing export markets for Machinery Having Individual Functions of Finland between 2021 and 2022 were China ($53.5M), Spain ($42.2M), and Sweden ($29.8M).

Imports In 2022, Finland imported $441M in Machinery Having Individual Functions, becoming the 41st largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 37th most imported product in Finland. Finland imports Machinery Having Individual Functions primarily from: Germany ($152M), Sweden ($31.6M), United States ($28.5M), Italy ($27.3M), and China ($24.3M).

The fastest growing import markets in Machinery Having Individual Functions for Finland between 2021 and 2022 were United States ($10.5M), Denmark ($9.6M), and Japan ($6.12M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (10) were at the forefront of shipping Machinery Having Individual Functions from Finland to the United States.

Latest Trends

Apr 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 Machinery Having Individual Functions. 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)$999M
IMPORTS (2022)$441M
NET TRADE (2022)$559M

In 2022, Finland exported $999M in Machinery Having Individual Functions. The main destinations of Finland exports on Machinery Having Individual Functions were China ($153M), United States ($116M), Netherlands ($68.4M), Spain ($67.2M), and Sweden ($58.3M).

In 2022, Finland imported $441M in Machinery Having Individual Functions, mainly from Germany ($152M), Sweden ($31.6M), United States ($28.5M), Italy ($27.3M), and China ($24.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Finland WERE (2021 - 2022):
China$53.5M (53.5%)
Spain$42.2M (169%)
Sweden$29.8M (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Finland WERE (2021 - 2022):
United Kingdom-$16.9M (-48.2%)
Belgium-$12.7M (-20.4%)
Russia-$10.5M (-20.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Finland's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

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