2022
Exports
$35.9MWorld Rnk 9 / 105
Flag Rnk 265 / 1205
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$5.68MWorld Rnk 44 / 195
Flag Rnk 730 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $35.9M in Peat, making it the 9th largest exporter of Peat in the world. At the same year, Peat was the 265th most exported product in Finland. The main destination of Peat exports from Finland are: Netherlands ($11.1M), Germany ($4.76M), Turkey ($2.98M), Mexico ($2.73M), and France ($1.3M).

The fastest growing export markets for Peat of Finland between 2021 and 2022 were Netherlands ($2.5M), Mexico ($1.75M), and Germany ($1.7M).

Imports In 2022, Finland imported $5.68M in Peat, becoming the 44th largest importer of Peat in the world. At the same year, Peat was the 730th most imported product in Finland. Finland imports Peat primarily from: Netherlands ($3.72M), Russia ($1.1M), Latvia ($253k), Estonia ($225k), and Sweden ($129k).

The fastest growing import markets in Peat for Finland between 2021 and 2022 were Russia ($138k), Norway ($95.5k), and United States ($77.6k).

Latest Trends

Aug 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 (2022)$35.9M
IMPORTS (2022)$5.68M
NET TRADE (2022)$30.3M

In 2022, Finland exported $35.9M in Peat. The main destinations of Finland exports on Peat were Netherlands ($11.1M), Germany ($4.76M), Turkey ($2.98M), Mexico ($2.73M), and France ($1.3M).

In 2022, Finland imported $5.68M in Peat, mainly from Netherlands ($3.72M), Russia ($1.1M), Latvia ($253k), Estonia ($225k), and Sweden ($129k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Netherlands$2.5M (29%)
Mexico$1.75M (179%)
Germany$1.7M (55.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Finland WERE (2021 - 2022):
United Kingdom-$1.78M (-75.4%)
Denmark-$468k (-56.6%)
Kenya-$250k (-32.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Peat were:
In 2022, 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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