2022
Exports
$33.5MWorld Rnk 14 / 144
Flag Rnk 276 / 1205
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.17Rnk 112 / 1025
2022
Imports
$14.4MWorld Rnk 40 / 209
Flag Rnk 559 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $33.5M in Liquid Fuel Furnaces, making it the 14th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 276th most exported product in Finland. The main destination of Liquid Fuel Furnaces exports from Finland are: Russia ($4.49M), South Korea ($4.47M), Sweden ($4.29M), United States ($2.72M), and China ($2.26M).

The fastest growing export markets for Liquid Fuel Furnaces of Finland between 2021 and 2022 were Sweden ($1.77M), India ($1.57M), and Kazakhstan ($1.34M).

Imports In 2022, Finland imported $14.4M in Liquid Fuel Furnaces, becoming the 40th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 559th most imported product in Finland. Finland imports Liquid Fuel Furnaces primarily from: Germany ($3.41M), Poland ($2.9M), China ($1.9M), Italy ($977k), and Sweden ($878k).

The fastest growing import markets in Liquid Fuel Furnaces for Finland between 2021 and 2022 were Poland ($2.34M), China ($648k), and Japan ($555k).

COMPANIES In 2023, leading companies such as LG Electronics (1) were at the forefront of shipping Liquid Fuel Furnaces from Finland to the United States.

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 Liquid Fuel Furnaces. 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)$33.5M
IMPORTS (2022)$14.4M
NET TRADE (2022)$19.1M

In 2022, Finland exported $33.5M in Liquid Fuel Furnaces. The main destinations of Finland exports on Liquid Fuel Furnaces were Russia ($4.49M), South Korea ($4.47M), Sweden ($4.29M), United States ($2.72M), and China ($2.26M).

In 2022, Finland imported $14.4M in Liquid Fuel Furnaces, mainly from Germany ($3.41M), Poland ($2.9M), China ($1.9M), Italy ($977k), and Sweden ($878k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Sweden$1.77M (70.4%)
India$1.57M (228%)
Kazakhstan$1.34M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Finland WERE (2021 - 2022):
Austria-$1.33M (-76.5%)
Slovakia-$700k (-100%)
Brazil-$438k (-62.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Liquid Fuel Furnaces were:
In 2022, Finland's main importing competitors in Liquid Fuel Furnaces were:

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05M
TOP IMPORT POTENTIALChina+ $548k

Liquid Fuel Furnaces’s highest export potential is United States. With an export gap of $1.05M.   Liquid Fuel Furnaces’s highest import potential is China with an import gap of $548k.

See methodology.

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