2022
Exports
$1.07MWorld Rnk 54 / 183
Flag Rnk 750 / 1205
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$9.03MWorld Rnk 37 / 216
Flag Rnk 633 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.07M in Basketwork, making it the 54th largest exporter of Basketwork in the world. At the same year, Basketwork was the 750th most exported product in Finland. The main destination of Basketwork exports from Finland are: Germany ($267k), Estonia ($205k), Sweden ($83.6k), Spain ($63.1k), and Latvia ($54.8k).

The fastest growing export markets for Basketwork of Finland between 2021 and 2022 were Germany ($259k), Spain ($60.9k), and Sweden ($54.6k).

Imports In 2022, Finland imported $9.03M in Basketwork, becoming the 37th largest importer of Basketwork in the world. At the same year, Basketwork was the 633rd most imported product in Finland. Finland imports Basketwork primarily from: China ($2.41M), Sweden ($1.87M), Vietnam ($1.59M), Poland ($999k), and Netherlands ($428k).

The fastest growing import markets in Basketwork for Finland between 2021 and 2022 were Sweden ($568k), Kenya ($125k), and Netherlands ($90.5k).

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 Basketwork. 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)$1.07M
IMPORTS (2022)$9.03M
NET TRADE (2022)-$7.96M

In 2022, Finland exported $1.07M in Basketwork. The main destinations of Finland exports on Basketwork were Germany ($267k), Estonia ($205k), Sweden ($83.6k), Spain ($63.1k), and Latvia ($54.8k).

In 2022, Finland imported $9.03M in Basketwork, mainly from China ($2.41M), Sweden ($1.87M), Vietnam ($1.59M), Poland ($999k), and Netherlands ($428k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Germany$259k (3.24k%)
Spain$60.9k (2.74k%)
Sweden$54.6k (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Finland WERE (2021 - 2022):
Japan-$17.7k (-44.4%)
Norway-$14.6k (-40.1%)
United Kingdom-$12.5k (-34.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $126k
TOP IMPORT POTENTIALChina+ $644k

Basketwork’s highest export potential is United States. With an export gap of $126k.   Basketwork’s highest import potential is China with an import gap of $644k.

See methodology.

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