2022
Exports
$1.33BWorld Rnk 41 / 214
Flag Rnk 17 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$1.44BWorld Rnk 47 / 225
Flag Rnk 12 / 96
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.33B in Organic chemicals, making it the 41st largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 17th most exported product in Finland. The main destination of Organic chemicals exports from Finland are: Belgium ($229M), Netherlands ($184M), Sweden ($139M), Germany ($139M), and United States ($89.5M).

The fastest growing export markets for Organic chemicals of Finland between 2021 and 2022 were Belgium ($128M), India ($58.7M), and Sweden ($47.7M).

Imports In 2022, Finland imported $1.44B in Organic chemicals, becoming the 47th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 12th most imported product in Finland. Finland imports Organic chemicals primarily from: United States ($340M), Russia ($221M), Netherlands ($184M), Germany ($152M), and Belgium ($88.1M).

The fastest growing import markets in Organic chemicals for Finland between 2021 and 2022 were United States ($130M), Netherlands ($45.7M), and Kazakhstan ($30.9M).

COMPANIES In 2023, leading companies such as Konecranes (7) and NOURYON FUNCTIONAL CHEMICALS LLC (7) were at the forefront of shipping Organic chemicals from Finland to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.33B
IMPORTS (2022)$1.44B
NET TRADE (2022)-$110M

In 2022, Finland exported $1.33B in Organic chemicals. The main destinations of Finland exports on Organic chemicals were Belgium ($229M), Netherlands ($184M), Sweden ($139M), Germany ($139M), and United States ($89.5M).

In 2022, Finland imported $1.44B in Organic chemicals, mainly from United States ($340M), Russia ($221M), Netherlands ($184M), Germany ($152M), and Belgium ($88.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Belgium$128M (126%)
India$58.7M (194%)
Sweden$47.7M (52.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Finland WERE (2021 - 2022):
China-$197M (-93.3%)
United States-$23.3M (-20.7%)
Germany-$14.2M (-9.28%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Finland's main exporting competitors in Organic chemicals were:
In 2022, Finland's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.3M
TOP IMPORT POTENTIALChina+ $53.1M

Organic chemicals’s highest export potential is United States. With an export gap of $38.3M.   Organic chemicals’s highest import potential is China with an import gap of $53.1M.

See methodology.

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