2023
Exports
$1.84MWorld Rnk 82 / 194
Flag Rnk 660 / 1207
2023
PRODUCT COMPLEXITY IN Essential Oils
-1.17Rnk 872 / 1025
2023
Imports
$2.27MWorld Rnk 84 / 217
Flag Rnk 868 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $1.84M in Essential Oils, making it the 82nd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 660th most exported product in Finland. The main destination of Essential Oils exports from Finland are: Canada ($379k), United States ($264k), Estonia ($157k), Germany ($156k), and Netherlands ($133k).

The fastest growing export markets for Essential Oils of Finland between 2022 and 2023 were Canada ($346k), Ireland ($48.9k), and Sweden ($45.1k).

Imports In 2023, Finland imported $2.27M in Essential Oils, becoming the 84th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 868th most imported product in Finland. Finland imports Essential Oils primarily from: Germany ($725k), Sweden ($264k), Estonia ($216k), France ($172k), and United Kingdom ($154k).

The fastest growing import markets in Essential Oils for Finland between 2022 and 2023 were Germany ($200k), Estonia ($122k), and Spain ($46.6k).

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 Essential Oils. 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)$1.84M
IMPORTS (2023)$2.27M
NET TRADE (2023)-$421k

In 2023, Finland exported $1.84M in Essential Oils. The main destinations of Finland exports on Essential Oils were Canada ($379k), United States ($264k), Estonia ($157k), Germany ($156k), and Netherlands ($133k).

In 2023, Finland imported $2.27M in Essential Oils, mainly from Germany ($725k), Sweden ($264k), Estonia ($216k), France ($172k), and United Kingdom ($154k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Canada$346k (1.06k%)
Ireland$48.9k (174%)
Sweden$45.1k (68.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Finland WERE (2022 - 2023):
Australia-$157k (-91.2%)
Germany-$141k (-47.5%)
Cyprus-$42.2k (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Essential Oils were:
In 2023, Finland's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $305k
TOP IMPORT POTENTIALIndia+ $292k

Essential Oils’s highest export potential is United States. With an export gap of $305k.   Essential Oils’s highest import potential is India with an import gap of $292k.

See methodology.

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