2023
Exports
$27.9MWorld Rnk 40 / 192
Flag Rnk 283 / 1207
2023
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.71Rnk 278 / 1025
2023
Imports
$74.2MWorld Rnk 52 / 219
Flag Rnk 199 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $27.9M in Industrial Food Preperation Machinery, making it the 40th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 283rd most exported product in Finland. The main destination of Industrial Food Preperation Machinery exports from Finland are: Russia ($7.01M), Netherlands ($2.27M), Estonia ($1.91M), Sweden ($1.84M), and Iraq ($1.48M).

The fastest growing export markets for Industrial Food Preperation Machinery of Finland between 2022 and 2023 were Iraq ($1.48M), Netherlands ($1.28M), and Estonia ($1.14M).

Imports In 2023, Finland imported $74.2M in Industrial Food Preperation Machinery, becoming the 52nd largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 199th most imported product in Finland. Finland imports Industrial Food Preperation Machinery primarily from: Netherlands ($22.4M), Germany ($15.4M), Italy ($10M), Denmark ($8.32M), and Sweden ($3M).

The fastest growing import markets in Industrial Food Preperation Machinery for Finland between 2022 and 2023 were Netherlands ($2.17M), Italy ($860k), and Austria ($660k).

Latest Trends

Jan 2025

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 Industrial Food Preperation 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)$27.9M
IMPORTS (2023)$74.2M
NET TRADE (2023)-$46.3M

In 2023, Finland exported $27.9M in Industrial Food Preperation Machinery. The main destinations of Finland exports on Industrial Food Preperation Machinery were Russia ($7.01M), Netherlands ($2.27M), Estonia ($1.91M), Sweden ($1.84M), and Iraq ($1.48M).

In 2023, Finland imported $74.2M in Industrial Food Preperation Machinery, mainly from Netherlands ($22.4M), Germany ($15.4M), Italy ($10M), Denmark ($8.32M), and Sweden ($3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Iraq$1.48M (1%)
Netherlands$1.28M (129%)
Estonia$1.14M (148%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Finland WERE (2022 - 2023):
Russia-$2.31M (-24.8%)
Norway-$1.11M (-62.8%)
South Korea-$728k (-59.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.03M
TOP IMPORT POTENTIALItaly+ $2.57M

Industrial Food Preperation Machinery’s highest export potential is United States. With an export gap of $2.03M.   Industrial Food Preperation Machinery’s highest import potential is Italy with an import gap of $2.57M.

See methodology.

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