2023
Exports
$5.28MWorld Rnk 35 / 125
Flag Rnk 512 / 1207
2023
PRODUCT COMPLEXITY IN Dairy Machinery
0.9Rnk 204 / 1025
2023
Imports
$20.3MWorld Rnk 30 / 182
Flag Rnk 455 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $5.28M in Dairy Machinery, making it the 35th largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 512th most exported product in Finland. The main destination of Dairy Machinery exports from Finland are: Sweden ($2.04M), Netherlands ($676k), Mongolia ($663k), Germany ($432k), and Estonia ($362k).

The fastest growing export markets for Dairy Machinery of Finland between 2022 and 2023 were Mongolia ($663k), Sweden ($584k), and Netherlands ($490k).

Imports In 2023, Finland imported $20.3M in Dairy Machinery, becoming the 30th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 455th most imported product in Finland. Finland imports Dairy Machinery primarily from: Netherlands ($12.1M), Sweden ($2.28M), Denmark ($1.42M), Germany ($1.37M), and New Zealand ($846k).

The fastest growing import markets in Dairy Machinery for Finland between 2022 and 2023 were Netherlands ($1.31M), New Zealand ($842k), and Switzerland ($428k).

Latest Trends

Dec 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 Dairy Machinery. 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 (2023)$5.28M
IMPORTS (2023)$20.3M
NET TRADE (2023)-$15M

In 2023, Finland exported $5.28M in Dairy Machinery. The main destinations of Finland exports on Dairy Machinery were Sweden ($2.04M), Netherlands ($676k), Mongolia ($663k), Germany ($432k), and Estonia ($362k).

In 2023, Finland imported $20.3M in Dairy Machinery, mainly from Netherlands ($12.1M), Sweden ($2.28M), Denmark ($1.42M), Germany ($1.37M), and New Zealand ($846k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Dairy Machinery EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Mongolia$663k (1%)
Sweden$584k (40.1%)
Netherlands$490k (263%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dairy Machinery BY Finland WERE (2022 - 2023):
Germany-$5.08M (-92.2%)
United States-$2.98M (-99.7%)
Kenya-$1.79M (-98.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Dairy Machinery were:
In 2023, Finland's main importing competitors in Dairy Machinery were:

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Trade Value of Dairy Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $566k
TOP IMPORT POTENTIALSweden+ $694k

Dairy Machinery’s highest export potential is Russia. With an export gap of $566k.   Dairy Machinery’s highest import potential is Sweden with an import gap of $694k.

See methodology.

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