2022
Exports
$56.6MWorld Rnk 37 / 144
Flag Rnk 210 / 1205
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$16.3MWorld Rnk 42 / 182
Flag Rnk 528 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $56.6M in Silver, making it the 37th largest exporter of Silver in the world. At the same year, Silver was the 210th most exported product in Finland. The main destination of Silver exports from Finland are: United Kingdom ($33.2M), United States ($11.7M), Germany ($8.3M), Switzerland ($1.04M), and Estonia ($747k).

The fastest growing export markets for Silver of Finland between 2021 and 2022 were United States ($11.7M), Germany ($7.15M), and Switzerland ($788k).

Imports In 2022, Finland imported $16.3M in Silver, becoming the 42nd largest importer of Silver in the world. At the same year, Silver was the 528th most imported product in Finland. Finland imports Silver primarily from: Sweden ($5.83M), Norway ($4.85M), Germany ($2.59M), Italy ($572k), and Belgium ($475k).

The fastest growing import markets in Silver for Finland between 2021 and 2022 were Norway ($4.78M), Belgium ($474k), and Italy ($256k).

Latest Trends

Sep 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 Silver. 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)$56.6M
IMPORTS (2022)$16.3M
NET TRADE (2022)$40.3M

In 2022, Finland exported $56.6M in Silver. The main destinations of Finland exports on Silver were United Kingdom ($33.2M), United States ($11.7M), Germany ($8.3M), Switzerland ($1.04M), and Estonia ($747k).

In 2022, Finland imported $16.3M in Silver, mainly from Sweden ($5.83M), Norway ($4.85M), Germany ($2.59M), Italy ($572k), and Belgium ($475k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$11.7M (5.21M%)
Germany$7.15M (625%)
Switzerland$788k (314%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Finland WERE (2021 - 2022):
United Kingdom-$5.98M (-15.3%)
Sweden-$691k (-90.2%)
Iceland-$41.7k (-26.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.45M
TOP IMPORT POTENTIALGermany+ $1.03M

Silver’s highest export potential is United States. With an export gap of $6.45M.   Silver’s highest import potential is Germany with an import gap of $1.03M.

See methodology.

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