2022
Exports
$1.24MWorld Rnk 48 / 175
Flag Rnk 725 / 1205
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment
0.32Rnk 439 / 1025
2022
Imports
$12.6MWorld Rnk 36 / 209
Flag Rnk 582 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.24M in Sound Recording Equipment, making it the 48th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 725th most exported product in Finland. The main destination of Sound Recording Equipment exports from Finland are: Turkey ($328k), Russia ($297k), Lithuania ($143k), Sweden ($97.2k), and Estonia ($61.8k).

The fastest growing export markets for Sound Recording Equipment of Finland between 2021 and 2022 were Turkey ($328k), Lithuania ($142k), and Russia ($124k).

Imports In 2022, Finland imported $12.6M in Sound Recording Equipment, becoming the 36th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 582nd most imported product in Finland. Finland imports Sound Recording Equipment primarily from: China ($4.31M), Sweden ($1.62M), Germany ($1.55M), Denmark ($1.36M), and Netherlands ($941k).

The fastest growing import markets in Sound Recording Equipment for Finland between 2021 and 2022 were China ($3.36M), Germany ($885k), and Sweden ($636k).

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 Sound Recording Equipment. 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)$1.24M
IMPORTS (2022)$12.6M
NET TRADE (2022)-$11.3M

In 2022, Finland exported $1.24M in Sound Recording Equipment. The main destinations of Finland exports on Sound Recording Equipment were Turkey ($328k), Russia ($297k), Lithuania ($143k), Sweden ($97.2k), and Estonia ($61.8k).

In 2022, Finland imported $12.6M in Sound Recording Equipment, mainly from China ($4.31M), Sweden ($1.62M), Germany ($1.55M), Denmark ($1.36M), and Netherlands ($941k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Turkey$328k (1%)
Lithuania$142k (11.4k%)
Russia$124k (72%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Finland WERE (2021 - 2022):
United Arab Emirates-$26.6k (-99.6%)
Denmark-$15.2k (-59.5%)
Germany-$7.66k (-30.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Sound Recording Equipment were:
In 2022, Finland's main importing competitors in Sound Recording Equipment were:

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $104k
TOP IMPORT POTENTIALChina+ $1.36M

Sound Recording Equipment’s highest export potential is Russia. With an export gap of $104k.   Sound Recording Equipment’s highest import potential is China with an import gap of $1.36M.

See methodology.

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