2022
Exports
$18.3MWorld Rnk 61 / 184
Flag Rnk 71 / 96
2022
PRODUCT COMPLEXITY IN Knitted fabrics
0.18Rnk 494 / 1025
2022
Imports
$25.1MWorld Rnk 105 / 216
Flag Rnk 82 / 96
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $18.3M in Knitted fabrics, making it the 61st largest exporter of Knitted fabrics in the world. At the same year, Knitted fabrics was the 71st most exported product in Finland. The main destination of Knitted fabrics exports from Finland are: United States ($3.01M), Estonia ($2.23M), Russia ($1.53M), Germany ($1.45M), and France ($1.1M).

The fastest growing export markets for Knitted fabrics of Finland between 2021 and 2022 were Estonia ($839k), Australia ($682k), and Germany ($648k).

Imports In 2022, Finland imported $25.1M in Knitted fabrics, becoming the 105th largest importer of Knitted fabrics in the world. At the same year, Knitted fabrics was the 82nd most imported product in Finland. Finland imports Knitted fabrics primarily from: Germany ($3.54M), Sweden ($2.13M), China ($2M), Poland ($1.92M), and Netherlands ($1.83M).

The fastest growing import markets in Knitted fabrics for Finland between 2021 and 2022 were Poland ($732k), Spain ($605k), and Ireland ($260k).

Latest Trends

Jul 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 Knitted fabrics. 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)$18.3M
IMPORTS (2022)$25.1M
NET TRADE (2022)-$6.79M

In 2022, Finland exported $18.3M in Knitted fabrics. The main destinations of Finland exports on Knitted fabrics were United States ($3.01M), Estonia ($2.23M), Russia ($1.53M), Germany ($1.45M), and France ($1.1M).

In 2022, Finland imported $25.1M in Knitted fabrics, mainly from Germany ($3.54M), Sweden ($2.13M), China ($2M), Poland ($1.92M), and Netherlands ($1.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted fabrics EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Estonia$839k (60.3%)
Australia$682k (260%)
Germany$648k (80.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted fabrics BY Finland WERE (2021 - 2022):
Lithuania-$592k (-65.3%)
Vietnam-$570k (-93.2%)
United States-$343k (-10.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Knitted fabrics were:
In 2022, Finland's main importing competitors in Knitted fabrics were:

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Trade Value of Knitted fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $927k
TOP IMPORT POTENTIALChina+ $3.72M

Knitted fabrics’s highest export potential is Russia. With an export gap of $927k.   Knitted fabrics’s highest import potential is China with an import gap of $3.72M.

See methodology.

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