2022
Exports
$4.63MWorld Rnk 42 / 179
Flag Rnk 545 / 1205
2022
PRODUCT COMPLEXITY IN Candles
0.33Rnk 433 / 1025
2022
Imports
$39.6MWorld Rnk 29 / 219
Flag Rnk 360 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $4.63M in Candles, making it the 42nd largest exporter of Candles in the world. At the same year, Candles was the 545th most exported product in Finland. The main destination of Candles exports from Finland are: Estonia ($2.83M), Sweden ($926k), Latvia ($276k), Lithuania ($129k), and Japan ($77.6k).

The fastest growing export markets for Candles of Finland between 2021 and 2022 were Estonia ($636k), Sweden ($155k), and Latvia ($108k).

Imports In 2022, Finland imported $39.6M in Candles, becoming the 29th largest importer of Candles in the world. At the same year, Candles was the 360th most imported product in Finland. Finland imports Candles primarily from: Poland ($13.6M), Sweden ($9.71M), Estonia ($7.73M), China ($2.44M), and Latvia ($1.54M).

The fastest growing import markets in Candles for Finland between 2021 and 2022 were Poland ($2.53M), Sweden ($1.93M), and China ($719k).

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 Candles. 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)$4.63M
IMPORTS (2022)$39.6M
NET TRADE (2022)-$34.9M

In 2022, Finland exported $4.63M in Candles. The main destinations of Finland exports on Candles were Estonia ($2.83M), Sweden ($926k), Latvia ($276k), Lithuania ($129k), and Japan ($77.6k).

In 2022, Finland imported $39.6M in Candles, mainly from Poland ($13.6M), Sweden ($9.71M), Estonia ($7.73M), China ($2.44M), and Latvia ($1.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Estonia$636k (29%)
Sweden$155k (20.1%)
Latvia$108k (64.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Finland WERE (2021 - 2022):
Iceland-$40.4k (-54.2%)
Norway-$28.9k (-38.9%)
Italy-$26k (-94.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Candles were:
China $1.27B
In 2022, Finland's main importing competitors in Candles were:

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $126k
TOP IMPORT POTENTIALChina+ $1.63M

Candles’s highest export potential is United States. With an export gap of $126k.   Candles’s highest import potential is China with an import gap of $1.63M.

See methodology.

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