2022
Exports
$1.52MWorld Rnk 45 / 146
Flag Rnk 700 / 1205
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$14.7MWorld Rnk 45 / 218
Flag Rnk 554 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.52M in Pure Olive Oil, making it the 45th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 700th most exported product in Finland. The main destination of Pure Olive Oil exports from Finland are: Russia ($1.09M), Saudi Arabia ($136k), Portugal ($98.6k), Kazakhstan ($53.6k), and Estonia ($47.7k).

The fastest growing export markets for Pure Olive Oil of Finland between 2021 and 2022 were Russia ($954k), Kazakhstan ($53.6k), and Saudi Arabia ($25.4k).

Imports In 2022, Finland imported $14.7M in Pure Olive Oil, becoming the 45th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 554th most imported product in Finland. Finland imports Pure Olive Oil primarily from: Spain ($6.47M), Greece ($3.19M), Italy ($3.18M), Sweden ($460k), and United Kingdom ($373k).

The fastest growing import markets in Pure Olive Oil for Finland between 2021 and 2022 were Italy ($206k), Turkey ($136k), and United Kingdom ($70k).

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 Pure Olive Oil. 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)$1.52M
IMPORTS (2022)$14.7M
NET TRADE (2022)-$13.2M

In 2022, Finland exported $1.52M in Pure Olive Oil. The main destinations of Finland exports on Pure Olive Oil were Russia ($1.09M), Saudi Arabia ($136k), Portugal ($98.6k), Kazakhstan ($53.6k), and Estonia ($47.7k).

In 2022, Finland imported $14.7M in Pure Olive Oil, mainly from Spain ($6.47M), Greece ($3.19M), Italy ($3.18M), Sweden ($460k), and United Kingdom ($373k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Russia$954k (716%)
Kazakhstan$53.6k (1%)
Saudi Arabia$25.4k (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Finland WERE (2021 - 2022):
Portugal-$136k (-58%)
Estonia-$60.6k (-56%)
Netherlands-$1.56k (-9.01%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Finland's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPortugal+ $65.3k
TOP IMPORT POTENTIALSpain+ $1M

Pure Olive Oil’s highest export potential is Portugal. With an export gap of $65.3k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $1M.

See methodology.

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