2022
Exports
$106MWorld Rnk 18 / 201
Flag Rnk 147 / 1205
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$64.1MWorld Rnk 39 / 220
Flag Rnk 263 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $106M in Electric Soldering Equipment, making it the 18th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 147th most exported product in Finland. The main destination of Electric Soldering Equipment exports from Finland are: Australia ($9.96M), France ($7.45M), Germany ($7.45M), Poland ($6.84M), and Norway ($5.46M).

The fastest growing export markets for Electric Soldering Equipment of Finland between 2021 and 2022 were Australia ($2.12M), United Arab Emirates ($1.85M), and Canada ($1.24M).

Imports In 2022, Finland imported $64.1M in Electric Soldering Equipment, becoming the 39th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 263rd most imported product in Finland. Finland imports Electric Soldering Equipment primarily from: China ($23.3M), Sweden ($8.24M), Germany ($8.03M), Austria ($4.22M), and United States ($3.69M).

The fastest growing import markets in Electric Soldering Equipment for Finland between 2021 and 2022 were China ($6.46M), United States ($3.28M), and Austria ($2.12M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (4) and Konecranes (2) were at the forefront of shipping Electric Soldering Equipment from Finland to the United States.

Latest Trends

Sep 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 Electric Soldering Equipment. 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)$106M
IMPORTS (2022)$64.1M
NET TRADE (2022)$41.9M

In 2022, Finland exported $106M in Electric Soldering Equipment. The main destinations of Finland exports on Electric Soldering Equipment were Australia ($9.96M), France ($7.45M), Germany ($7.45M), Poland ($6.84M), and Norway ($5.46M).

In 2022, Finland imported $64.1M in Electric Soldering Equipment, mainly from China ($23.3M), Sweden ($8.24M), Germany ($8.03M), Austria ($4.22M), and United States ($3.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Australia$2.12M (27%)
Canada$1.24M (2.52k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Finland WERE (2021 - 2022):
United States-$6.5M (-94.7%)
Russia-$5.24M (-64.2%)
China-$3.47M (-47.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Electric Soldering Equipment were:
In 2022, Finland's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $4.05M
TOP IMPORT POTENTIALChina+ $3M

Electric Soldering Equipment’s highest export potential is China. With an export gap of $4.05M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $3M.

See methodology.

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