2022
Exports
$20.3MWorld Rnk 16 / 153
Flag Rnk 346 / 1205
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$669kWorld Rnk 92 / 180
Flag Rnk 1033 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $20.3M in Laboratory Reagents, making it the 16th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 346th most exported product in Finland. The main destination of Laboratory Reagents exports from Finland are: Philippines ($9.99M), Uzbekistan ($3.97M), Chinese Taipei ($2.63M), Argentina ($1.87M), and Georgia ($711k).

The fastest growing export markets for Laboratory Reagents of Finland between 2021 and 2022 were Chinese Taipei ($749k), Georgia ($303k), and Cote d'Ivoire ($20k).

Imports In 2022, Finland imported $669k in Laboratory Reagents, becoming the 92nd largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 1033rd most imported product in Finland. Finland imports Laboratory Reagents primarily from: Chinese Taipei ($664k), Ukraine ($3.79k), and Georgia ($1.29k).

The fastest growing import markets in Laboratory Reagents for Finland between 2021 and 2022 were Chinese Taipei ($114k) and Georgia ($1.29k).

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 Laboratory Reagents. 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)$20.3M
IMPORTS (2022)$669k
NET TRADE (2022)$19.6M

In 2022, Finland exported $20.3M in Laboratory Reagents. The main destinations of Finland exports on Laboratory Reagents were Philippines ($9.99M), Uzbekistan ($3.97M), Chinese Taipei ($2.63M), Argentina ($1.87M), and Georgia ($711k).

In 2022, Finland imported $669k in Laboratory Reagents, mainly from Chinese Taipei ($664k), Ukraine ($3.79k), and Georgia ($1.29k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Chinese Taipei$749k (39.8%)
Georgia$303k (74.3%)
Cote d'Ivoire$20k (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Finland WERE (2021 - 2022):
United Kingdom-$128M (-100%)
United States-$76.8M (-100%)
Italy-$41M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Laboratory Reagents were:
In 2022, Finland's main importing competitors in Laboratory Reagents were:

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.9M
TOP IMPORT POTENTIALChina+ $14.9M

Laboratory Reagents’s highest export potential is United States. With an export gap of $27.9M.   Laboratory Reagents’s highest import potential is China with an import gap of $14.9M.

See methodology.

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