2022
Exports
$382MWorld Rnk 26 / 214
Flag Rnk 53 / 1205
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.69Rnk 26 / 1025
2022
Imports
$172MWorld Rnk 40 / 225
Flag Rnk 107 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $382M in Chemical Analysis Instruments, making it the 26th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 53rd most exported product in Finland. The main destination of Chemical Analysis Instruments exports from Finland are: United States ($93M), China ($61.1M), Germany ($30.6M), Japan ($18.2M), and United Kingdom ($16.3M).

The fastest growing export markets for Chemical Analysis Instruments of Finland between 2021 and 2022 were United States ($13.4M), Russia ($6.04M), and Germany ($4.86M).

Imports In 2022, Finland imported $172M in Chemical Analysis Instruments, becoming the 40th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 107th most imported product in Finland. Finland imports Chemical Analysis Instruments primarily from: Germany ($46M), United States ($29.2M), Netherlands ($15.8M), United Kingdom ($12.7M), and Sweden ($11.2M).

The fastest growing import markets in Chemical Analysis Instruments for Finland between 2021 and 2022 were Romania ($3.03M), Singapore ($430k), and Senegal ($400k).

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 Chemical Analysis Instruments. 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)$382M
IMPORTS (2022)$172M
NET TRADE (2022)$210M

In 2022, Finland exported $382M in Chemical Analysis Instruments. The main destinations of Finland exports on Chemical Analysis Instruments were United States ($93M), China ($61.1M), Germany ($30.6M), Japan ($18.2M), and United Kingdom ($16.3M).

In 2022, Finland imported $172M in Chemical Analysis Instruments, mainly from Germany ($46M), United States ($29.2M), Netherlands ($15.8M), United Kingdom ($12.7M), and Sweden ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$13.4M (16.9%)
Russia$6.04M (69.8%)
Germany$4.86M (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Finland WERE (2021 - 2022):
Lithuania-$7.48M (-83.7%)
Canada-$3.04M (-28%)
Switzerland-$3.02M (-30.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Chemical Analysis Instruments were:
In 2022, Finland's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $25.6M
TOP IMPORT POTENTIALUnited States+ $7.61M

Chemical Analysis Instruments’s highest export potential is China. With an export gap of $25.6M.   Chemical Analysis Instruments’s highest import potential is United States with an import gap of $7.61M.

See methodology.

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