2022
Exports
$2.55MWorld Rnk 37 / 194
Flag Rnk 633 / 1205
2022
PRODUCT COMPLEXITY IN Cutlery Sets
-0.066Rnk 570 / 1025
2022
Imports
$13.4MWorld Rnk 50 / 218
Flag Rnk 570 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $2.55M in Cutlery Sets, making it the 37th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 633rd most exported product in Finland. The main destination of Cutlery Sets exports from Finland are: Sweden ($644k), Denmark ($593k), Estonia ($358k), Latvia ($146k), and Netherlands ($98.1k).

The fastest growing export markets for Cutlery Sets of Finland between 2021 and 2022 were Vietnam ($34k), Latvia ($28k), and Poland ($14k).

Imports In 2022, Finland imported $13.4M in Cutlery Sets, becoming the 50th largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 570th most imported product in Finland. Finland imports Cutlery Sets primarily from: Vietnam ($5.22M), China ($4.24M), Germany ($959k), Italy ($795k), and Sweden ($657k).

The fastest growing import markets in Cutlery Sets for Finland between 2021 and 2022 were China ($347k), Italy ($139k), and Sweden ($61.1k).

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 Cutlery Sets. 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)$2.55M
IMPORTS (2022)$13.4M
NET TRADE (2022)-$10.9M

In 2022, Finland exported $2.55M in Cutlery Sets. The main destinations of Finland exports on Cutlery Sets were Sweden ($644k), Denmark ($593k), Estonia ($358k), Latvia ($146k), and Netherlands ($98.1k).

In 2022, Finland imported $13.4M in Cutlery Sets, mainly from Vietnam ($5.22M), China ($4.24M), Germany ($959k), Italy ($795k), and Sweden ($657k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Vietnam$34k (43.6k%)
Latvia$28k (23.7%)
Poland$14k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Finland WERE (2021 - 2022):
Denmark-$368k (-38.3%)
Estonia-$274k (-43.3%)
Norway-$116k (-59.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $131k
TOP IMPORT POTENTIALChina+ $1.18M

Cutlery Sets’s highest export potential is United States. With an export gap of $131k.   Cutlery Sets’s highest import potential is China with an import gap of $1.18M.

See methodology.

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