2022
Exports
$14.2MWorld Rnk 47 / 209
Flag Rnk 372 / 1205
2022
PRODUCT COMPLEXITY IN Electrical Ignitions
0.62Rnk 310 / 1025
2022
Imports
$56.2MWorld Rnk 46 / 223
Flag Rnk 289 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $14.2M in Electrical Ignitions, making it the 47th largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 372nd most exported product in Finland. The main destination of Electrical Ignitions exports from Finland are: Romania ($4.44M), Sweden ($1.16M), Lithuania ($1.06M), Estonia ($1M), and Netherlands ($950k).

The fastest growing export markets for Electrical Ignitions of Finland between 2021 and 2022 were Romania ($4.44M), United Kingdom ($679k), and Netherlands ($534k).

Imports In 2022, Finland imported $56.2M in Electrical Ignitions, becoming the 46th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 289th most imported product in Finland. Finland imports Electrical Ignitions primarily from: Germany ($10.3M), France ($7.04M), Poland ($4.01M), China ($3.66M), and Japan ($3.08M).

The fastest growing import markets in Electrical Ignitions for Finland between 2021 and 2022 were United Kingdom ($1.97M), China ($967k), and Denmark ($771k).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (4) and Konecranes (1) were at the forefront of shipping Electrical Ignitions from Finland to the United States.

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 Electrical Ignitions. 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)$14.2M
IMPORTS (2022)$56.2M
NET TRADE (2022)-$42M

In 2022, Finland exported $14.2M in Electrical Ignitions. The main destinations of Finland exports on Electrical Ignitions were Romania ($4.44M), Sweden ($1.16M), Lithuania ($1.06M), Estonia ($1M), and Netherlands ($950k).

In 2022, Finland imported $56.2M in Electrical Ignitions, mainly from Germany ($10.3M), France ($7.04M), Poland ($4.01M), China ($3.66M), and Japan ($3.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Romania$4.44M (1%)
United Kingdom$679k (291%)
Netherlands$534k (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Finland WERE (2021 - 2022):
Russia-$558k (-64.4%)
Sweden-$210k (-15.3%)
Estonia-$134k (-11.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Electrical Ignitions were:
In 2022, Finland's main importing competitors in Electrical Ignitions were:

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $771k
TOP IMPORT POTENTIALChina+ $3.37M

Electrical Ignitions’s highest export potential is United States. With an export gap of $771k.   Electrical Ignitions’s highest import potential is China with an import gap of $3.37M.

See methodology.

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