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Exports In 2022, Finland exported $1.07M in Borax, making it the 15th largest exporter of Borax in the world. At the same year, Borax was the 752nd most exported product in Finland. The main destination of Borax exports from Finland are: Sweden ($1M), Poland ($52.4k), Germany ($5.15k), Norway ($3.63k), and Kazakhstan ($474).

The fastest growing export markets for Borax of Finland between 2021 and 2022 were Sweden ($649k), Germany ($5.15k), and Norway ($496).

Imports In 2022, Finland imported $810k in Borax, becoming the 36th largest importer of Borax in the world. At the same year, Borax was the 1016th most imported product in Finland. Finland imports Borax primarily from: Turkey ($694k), Sweden ($60.9k), Latvia ($53.4k), Netherlands ($1.25k), and United Kingdom ($46).

The fastest growing import markets in Borax for Finland between 2021 and 2022 were Turkey ($547k), Sweden ($57.1k), and Latvia ($53.4k).

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 Borax. 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)$810k
NET TRADE (2022)$257k

In 2022, Finland exported $1.07M in Borax. The main destinations of Finland exports on Borax were Sweden ($1M), Poland ($52.4k), Germany ($5.15k), Norway ($3.63k), and Kazakhstan ($474).

In 2022, Finland imported $810k in Borax, mainly from Turkey ($694k), Sweden ($60.9k), Latvia ($53.4k), Netherlands ($1.25k), and United Kingdom ($46).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Sweden$649k (182%)
Germany$5.15k (1%)
Norway$496 (15.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Finland WERE (2021 - 2022):Poland-$40.5k (-43.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Borax were:
In 2022, Finland's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $6.02k
TOP IMPORT POTENTIALNetherlands+ $2.58k

Borax’s highest export potential is Germany. With an export gap of $6.02k.   Borax’s highest import potential is Netherlands with an import gap of $2.58k.

See methodology.

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