2022
Exports
$816MWorld Rnk 3 / 136
Flag Rnk 27 / 1205
2022
PRODUCT COMPLEXITY IN Papermaking Machines
1.4Rnk 70 / 1025
2022
Imports
$172MWorld Rnk 8 / 192
Flag Rnk 106 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $816M in Papermaking Machines, making it the 3rd largest exporter of Papermaking Machines in the world. At the same year, Papermaking Machines was the 27th most exported product in Finland. The main destination of Papermaking Machines exports from Finland are: China ($273M), United States ($89.8M), Brazil ($80.4M), Sweden ($55.9M), and Indonesia ($52.8M).

The fastest growing export markets for Papermaking Machines of Finland between 2021 and 2022 were Brazil ($26.3M), United States ($21M), and Sweden ($19.6M).

Imports In 2022, Finland imported $172M in Papermaking Machines, becoming the 8th largest importer of Papermaking Machines in the world. At the same year, Papermaking Machines was the 106th most imported product in Finland. Finland imports Papermaking Machines primarily from: Sweden ($60.6M), Germany ($29.6M), China ($24.6M), Estonia ($14.8M), and Austria ($7.42M).

The fastest growing import markets in Papermaking Machines for Finland between 2021 and 2022 were Sweden ($31.6M), China ($15M), and Germany ($4.2M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (1) were at the forefront of shipping Papermaking Machines from Finland to the United States.

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 Papermaking Machines. 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)$816M
IMPORTS (2022)$172M
NET TRADE (2022)$644M

In 2022, Finland exported $816M in Papermaking Machines. The main destinations of Finland exports on Papermaking Machines were China ($273M), United States ($89.8M), Brazil ($80.4M), Sweden ($55.9M), and Indonesia ($52.8M).

In 2022, Finland imported $172M in Papermaking Machines, mainly from Sweden ($60.6M), Germany ($29.6M), China ($24.6M), Estonia ($14.8M), and Austria ($7.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Papermaking Machines EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Brazil$26.3M (48.7%)
United States$21M (30.5%)
Sweden$19.6M (54.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Papermaking Machines BY Finland WERE (2021 - 2022):
Uruguay-$107M (-87.4%)
Canada-$48.1M (-83.1%)
Russia-$31.2M (-63.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Papermaking Machines were:
China $1.2B
Germany $1.05B
In 2022, Finland's main importing competitors in Papermaking Machines were:

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Trade Value of Papermaking Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $4.52M
TOP IMPORT POTENTIALItaly+ $1.6M

Papermaking Machines’s highest export potential is Russia. With an export gap of $4.52M.   Papermaking Machines’s highest import potential is Italy with an import gap of $1.6M.

See methodology.

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