2022
Exports
$7.11MWorld Rnk 42 / 131
Flag Rnk 471 / 1205
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$67.1MWorld Rnk 34 / 192
Flag Rnk 254 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $7.11M in Rubber, making it the 42nd largest exporter of Rubber in the world. At the same year, Rubber was the 471st most exported product in Finland. The main destination of Rubber exports from Finland are: Russia ($3.93M), United States ($1.95M), Netherlands ($1.01M), Austria ($143k), and Norway ($21.5k).

The fastest growing export markets for Rubber of Finland between 2021 and 2022 were Russia ($3.39M), United States ($1.93M), and Netherlands ($939k).

Imports In 2022, Finland imported $67.1M in Rubber, becoming the 34th largest importer of Rubber in the world. At the same year, Rubber was the 254th most imported product in Finland. Finland imports Rubber primarily from: Malaysia ($36.4M), Indonesia ($19.7M), Cote d'Ivoire ($3.1M), Liberia ($2.32M), and Vietnam ($2.04M).

The fastest growing import markets in Rubber for Finland between 2021 and 2022 were Liberia ($2.32M), Cote d'Ivoire ($1.33M), and Nigeria ($352k).

Latest Trends

Jul 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 Rubber. 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)$7.11M
IMPORTS (2022)$67.1M
NET TRADE (2022)-$59.9M

In 2022, Finland exported $7.11M in Rubber. The main destinations of Finland exports on Rubber were Russia ($3.93M), United States ($1.95M), Netherlands ($1.01M), Austria ($143k), and Norway ($21.5k).

In 2022, Finland imported $67.1M in Rubber, mainly from Malaysia ($36.4M), Indonesia ($19.7M), Cote d'Ivoire ($3.1M), Liberia ($2.32M), and Vietnam ($2.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Russia$3.39M (625%)
United States$1.93M (7.36k%)
Netherlands$939k (1.27k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Finland WERE (2021 - 2022):
China-$20.1k (-92.7%)
Uruguay-$17.6k (-100%)
Zambia-$10.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.08M
TOP IMPORT POTENTIALVietnam+ $1.53M

Rubber’s highest export potential is United States. With an export gap of $1.08M.   Rubber’s highest import potential is Vietnam with an import gap of $1.53M.

See methodology.

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