2023
Exports
$5.94MWorld Rnk 92 / 150
Flag Rnk 495 / 1207
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$6.31BWorld Rnk 24 / 159
Flag Rnk 1 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $5.94M in Crude Petroleum, making it the 92nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 495th most exported product in Finland. The main destination of Crude Petroleum exports from Finland are: Qatar ($5.93M), Netherlands ($11.8k), and United Kingdom ($5).

The fastest growing export markets for Crude Petroleum of Finland between 2022 and 2023 were Qatar ($5.93M) and United Kingdom ($4).

Imports In 2023, Finland imported $6.31B in Crude Petroleum, becoming the 24th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Finland. Finland imports Crude Petroleum primarily from: Norway ($5.01B), United States ($754M), United Kingdom ($447M), Guyana ($51.4M), and Brazil ($46.7M).

The fastest growing import markets in Crude Petroleum for Finland between 2022 and 2023 were United States ($313M), Guyana ($51.4M), and Brazil ($46.7M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$5.94M
IMPORTS (2023)$6.31B
NET TRADE (2023)-$6.3B

In 2023, Finland exported $5.94M in Crude Petroleum. The main destinations of Finland exports on Crude Petroleum were Qatar ($5.93M), Netherlands ($11.8k), and United Kingdom ($5).

In 2023, Finland imported $6.31B in Crude Petroleum, mainly from Norway ($5.01B), United States ($754M), United Kingdom ($447M), Guyana ($51.4M), and Brazil ($46.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Qatar$5.93M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Finland WERE (2022 - 2023):
New Zealand-$420 (-100%)
Russia-$316 (-100%)
Netherlands-$263 (-2.18%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Finland's main exporting competitors in Crude Petroleum were:
In 2023, Finland's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $28.8k
TOP IMPORT POTENTIALRussia+ $514M

Crude Petroleum’s highest export potential is Netherlands. With an export gap of $28.8k.   Crude Petroleum’s highest import potential is Russia with an import gap of $514M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with