2018
Exports
$1.1MWorld Rnk 35 / 117
Flag Rnk 740 / 1207
2023
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides
-0.35Rnk 657 / 1025
2018
Imports
$2.55MWorld Rnk 57 / 188
Flag Rnk 846 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2018, Finland exported $1.1M in Iron Oxides and Hydroxides, making it the 35th largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 740th most exported product in Finland. The main destination of Iron Oxides and Hydroxides exports from Finland are: Russia ($445k), Germany ($293k), Netherlands ($149k), United States ($98.2k), and Italy ($37.8k).

The fastest growing export markets for Iron Oxides and Hydroxides of Finland between 2022 and 2023 were Russia ($385k), Netherlands ($62k), and Germany ($32.6k).

Imports In 2023, Finland imported $2.55M in Iron Oxides and Hydroxides, becoming the 57th largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 846th most imported product in Finland. Finland imports Iron Oxides and Hydroxides primarily from: Germany ($1.31M), Italy ($213k), Lithuania ($206k), Netherlands ($200k), and China ($182k).

The fastest growing import markets in Iron Oxides and Hydroxides for Finland between 2022 and 2023 were Netherlands ($128k), Japan ($57.8k), and Spain ($28.5k).

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 Iron Oxides and Hydroxides. 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)$1.1M
IMPORTS (2023)$2.55M
NET TRADE (2023)-$1.45M

In 2023, Finland exported $1.1M in Iron Oxides and Hydroxides. The main destinations of Finland exports on Iron Oxides and Hydroxides were Russia ($445k), Germany ($293k), Netherlands ($149k), United States ($98.2k), and Italy ($37.8k).

In 2023, Finland imported $2.55M in Iron Oxides and Hydroxides, mainly from Germany ($1.31M), Italy ($213k), Lithuania ($206k), Netherlands ($200k), and China ($182k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Russia$385k (643%)
Netherlands$62k (71%)
Germany$32.6k (12.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY Finland WERE (2022 - 2023):
Poland-$48.4k (-92.7%)
United States-$40.4k (-29.2%)
Italy-$6.82k (-15.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Iron Oxides and Hydroxides were:
In 2023, Finland's main importing competitors in Iron Oxides and Hydroxides were:

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $117k
TOP IMPORT POTENTIALChina+ $159k

Iron Oxides and Hydroxides’s highest export potential is United States. With an export gap of $117k.   Iron Oxides and Hydroxides’s highest import potential is China with an import gap of $159k.

See methodology.

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