2022
Exports
$1.13MWorld Rnk 46 / 127
Flag Rnk 741 / 1205
2022
PRODUCT COMPLEXITY IN Vending Machines
0.65Rnk 296 / 1025
2022
Imports
$8.76MWorld Rnk 41 / 202
Flag Rnk 640 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.13M in Vending Machines, making it the 46th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 741st most exported product in Finland. The main destination of Vending Machines exports from Finland are: Estonia ($362k), Latvia ($231k), Lithuania ($203k), Sweden ($191k), and Netherlands ($43.1k).

The fastest growing export markets for Vending Machines of Finland between 2021 and 2022 were Lithuania ($59.8k), Austria ($19.5k), and China ($13.8k).

Imports In 2022, Finland imported $8.76M in Vending Machines, becoming the 41st largest importer of Vending Machines in the world. At the same year, Vending Machines was the 640th most imported product in Finland. Finland imports Vending Machines primarily from: Netherlands ($1.85M), Germany ($1.39M), Denmark ($1.24M), Sweden ($1.18M), and Italy ($806k).

The fastest growing import markets in Vending Machines for Finland between 2021 and 2022 were Germany ($946k), Sweden ($423k), and Israel ($123k).

Latest Trends

Oct 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 Vending Machines. 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)$1.13M
IMPORTS (2022)$8.76M
NET TRADE (2022)-$7.63M

In 2022, Finland exported $1.13M in Vending Machines. The main destinations of Finland exports on Vending Machines were Estonia ($362k), Latvia ($231k), Lithuania ($203k), Sweden ($191k), and Netherlands ($43.1k).

In 2022, Finland imported $8.76M in Vending Machines, mainly from Netherlands ($1.85M), Germany ($1.39M), Denmark ($1.24M), Sweden ($1.18M), and Italy ($806k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Lithuania$59.8k (41.9%)
Austria$19.5k (1%)
China$13.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Finland WERE (2021 - 2022):
Latvia-$433k (-65.2%)
Estonia-$164k (-31.2%)
Netherlands-$122k (-73.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $37.2k
TOP IMPORT POTENTIALItaly+ $355k

Vending Machines’s highest export potential is France. With an export gap of $37.2k.   Vending Machines’s highest import potential is Italy with an import gap of $355k.

See methodology.

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