2022
Exports
$25.7MWorld Rnk 45 / 219
Flag Rnk 310 / 1205
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$133MWorld Rnk 40 / 220
Flag Rnk 136 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $25.7M in Ball Bearings, making it the 45th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 310th most exported product in Finland. The main destination of Ball Bearings exports from Finland are: Netherlands ($5.01M), Germany ($2.71M), Sweden ($1.96M), Estonia ($1.44M), and China ($1.36M).

The fastest growing export markets for Ball Bearings of Finland between 2021 and 2022 were Netherlands ($2.72M), Sweden ($596k), and Brazil ($540k).

Imports In 2022, Finland imported $133M in Ball Bearings, becoming the 40th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 136th most imported product in Finland. Finland imports Ball Bearings primarily from: Germany ($44.1M), Sweden ($23.7M), France ($17.6M), Italy ($8.51M), and China ($7.3M).

The fastest growing import markets in Ball Bearings for Finland between 2021 and 2022 were Germany ($2.23M), Netherlands ($2.22M), and Italy ($1.24M).

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 Ball Bearings. 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)$25.7M
IMPORTS (2022)$133M
NET TRADE (2022)-$107M

In 2022, Finland exported $25.7M in Ball Bearings. The main destinations of Finland exports on Ball Bearings were Netherlands ($5.01M), Germany ($2.71M), Sweden ($1.96M), Estonia ($1.44M), and China ($1.36M).

In 2022, Finland imported $133M in Ball Bearings, mainly from Germany ($44.1M), Sweden ($23.7M), France ($17.6M), Italy ($8.51M), and China ($7.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Netherlands$2.72M (119%)
Sweden$596k (43.8%)
Brazil$540k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Finland WERE (2021 - 2022):
Russia-$2.05M (-65.3%)
South Korea-$898k (-93.1%)
Mexico-$885k (-86.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Finland's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.78M
TOP IMPORT POTENTIALChina+ $7.07M

Ball Bearings’s highest export potential is Germany. With an export gap of $2.78M.   Ball Bearings’s highest import potential is China with an import gap of $7.07M.

See methodology.

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