2022
Exports
$4.97MWorld Rnk 38 / 105
Flag Rnk 528 / 1205
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$13.9MWorld Rnk 33 / 176
Flag Rnk 565 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $4.97M in Iron Powder, making it the 38th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 528th most exported product in Finland. The main destination of Iron Powder exports from Finland are: Germany ($2.78M), United States ($1.25M), Vietnam ($668k), China ($163k), and Netherlands ($40.7k).

The fastest growing export markets for Iron Powder of Finland between 2021 and 2022 were United States ($910k), Vietnam ($140k), and Netherlands ($31.9k).

Imports In 2022, Finland imported $13.9M in Iron Powder, becoming the 33rd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 565th most imported product in Finland. Finland imports Iron Powder primarily from: China ($5.21M), Germany ($3.42M), Austria ($935k), Poland ($634k), and Sweden ($631k).

The fastest growing import markets in Iron Powder for Finland between 2021 and 2022 were China ($1.2M), Austria ($866k), and Germany ($663k).

Latest Trends

Sep 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 Powder. 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)$4.97M
IMPORTS (2022)$13.9M
NET TRADE (2022)-$8.88M

In 2022, Finland exported $4.97M in Iron Powder. The main destinations of Finland exports on Iron Powder were Germany ($2.78M), United States ($1.25M), Vietnam ($668k), China ($163k), and Netherlands ($40.7k).

In 2022, Finland imported $13.9M in Iron Powder, mainly from China ($5.21M), Germany ($3.42M), Austria ($935k), Poland ($634k), and Sweden ($631k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$910k (271%)
Vietnam$140k (26.5%)
Netherlands$31.9k (361%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Finland WERE (2021 - 2022):
Germany-$434k (-13.5%)
United Kingdom-$90.5k (-99.1%)
Switzerland-$51k (-86.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $405k
TOP IMPORT POTENTIALSweden+ $713k

Iron Powder’s highest export potential is United States. With an export gap of $405k.   Iron Powder’s highest import potential is Sweden with an import gap of $713k.

See methodology.

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