2023
Exports
$29.6MWorld Rnk 9 / 116
Flag Rnk 277 / 1207
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$775kWorld Rnk 86 / 198
Flag Rnk 1002 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $29.6M in Peat, making it the 9th largest exporter of Peat in the world. At the same year, Peat was the 277th most exported product in Finland. The main destination of Peat exports from Finland are: Netherlands ($9.28M), Turkey ($3.44M), Germany ($3.22M), Denmark ($1.92M), and Spain ($1.79M).

The fastest growing export markets for Peat of Finland between 2022 and 2023 were Spain ($774k), Denmark ($426k), and China ($321k).

Imports In 2018, Finland imported $775k in Peat, becoming the 86th largest importer of Peat in the world. At the same year, Peat was the 1002nd most imported product in Finland. Finland imports Peat primarily from: Sweden ($333k), Latvia ($138k), Norway ($119k), Netherlands ($74k), and Estonia ($67k).

The fastest growing import markets in Peat for Finland between 2022 and 2023 were Sweden ($250k) and Lithuania ($34).

Latest Trends

Dec 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 Peat. 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 (2023)$29.6M
IMPORTS (2023)$775k
NET TRADE (2023)$28.8M

In 2023, Finland exported $29.6M in Peat. The main destinations of Finland exports on Peat were Netherlands ($9.28M), Turkey ($3.44M), Germany ($3.22M), Denmark ($1.92M), and Spain ($1.79M).

In 2023, Finland imported $775k in Peat, mainly from Sweden ($333k), Latvia ($138k), Norway ($119k), Netherlands ($74k), and Estonia ($67k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Spain$774k (76%)
Denmark$426k (28.5%)
China$321k (1.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Finland WERE (2022 - 2023):
Netherlands-$1.83M (-16.5%)
Mexico-$1.25M (-45.8%)
France-$942k (-61.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Peat were:
In 2023, Finland's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.24M
TOP IMPORT POTENTIALLatvia+ $183k

Peat’s highest export potential is United States. With an export gap of $1.24M.   Peat’s highest import potential is Latvia with an import gap of $183k.

See methodology.

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