2022
Exports
$81.9MWorld Rnk 39 / 224
Flag Rnk 172 / 1205
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$254MWorld Rnk 38 / 225
Flag Rnk 69 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $81.9M in Iron Fasteners, making it the 39th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 172nd most exported product in Finland. The main destination of Iron Fasteners exports from Finland are: Netherlands ($14.6M), Sweden ($12.7M), Estonia ($8.83M), Germany ($4.74M), and China ($2.76M).

The fastest growing export markets for Iron Fasteners of Finland between 2021 and 2022 were Netherlands ($1.83M), Estonia ($1.2M), and Egypt ($996k).

Imports In 2022, Finland imported $254M in Iron Fasteners, becoming the 38th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 69th most imported product in Finland. Finland imports Iron Fasteners primarily from: Germany ($72.7M), Chinese Taipei ($38.8M), China ($26.5M), Sweden ($14.5M), and Vietnam ($13.3M).

The fastest growing import markets in Iron Fasteners for Finland between 2021 and 2022 were Chinese Taipei ($12.6M), China ($5.82M), and Vietnam ($4.63M).

Latest Trends

Nov 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 Iron Fasteners. 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)$81.9M
IMPORTS (2022)$254M
NET TRADE (2022)-$172M

In 2022, Finland exported $81.9M in Iron Fasteners. The main destinations of Finland exports on Iron Fasteners were Netherlands ($14.6M), Sweden ($12.7M), Estonia ($8.83M), Germany ($4.74M), and China ($2.76M).

In 2022, Finland imported $254M in Iron Fasteners, mainly from Germany ($72.7M), Chinese Taipei ($38.8M), China ($26.5M), Sweden ($14.5M), and Vietnam ($13.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Netherlands$1.83M (14.4%)
Estonia$1.2M (15.7%)
Egypt$996k (11.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Finland WERE (2021 - 2022):
Russia-$4.67M (-63.2%)
Sweden-$1.19M (-8.59%)
Norway-$688k (-27%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Iron Fasteners were:
In 2022, Finland's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $4.82M
TOP IMPORT POTENTIALChina+ $15.3M

Iron Fasteners’s highest export potential is Germany. With an export gap of $4.82M.   Iron Fasteners’s highest import potential is China with an import gap of $15.3M.

See methodology.

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