2022
Exports
$15.7MWorld Rnk 45 / 155
Flag Rnk 363 / 1205
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$55MWorld Rnk 46 / 219
Flag Rnk 292 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $15.7M in Margarine, making it the 45th largest exporter of Margarine in the world. At the same year, Margarine was the 363rd most exported product in Finland. The main destination of Margarine exports from Finland are: Sweden ($6.7M), Norway ($3.49M), Estonia ($2.43M), Belgium ($1.21M), and Denmark ($874k).

The fastest growing export markets for Margarine of Finland between 2021 and 2022 were Sweden ($1.51M), Denmark ($295k), and Estonia ($267k).

Imports In 2022, Finland imported $55M in Margarine, becoming the 46th largest importer of Margarine in the world. At the same year, Margarine was the 292nd most imported product in Finland. Finland imports Margarine primarily from: Sweden ($32.8M), Belgium ($5.32M), Germany ($5.28M), Denmark ($4.57M), and Netherlands ($3.67M).

The fastest growing import markets in Margarine for Finland between 2021 and 2022 were Germany ($2.48M), Belgium ($1.45M), and Denmark ($890k).

Latest Trends

Aug 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 Margarine. 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)$15.7M
IMPORTS (2022)$55M
NET TRADE (2022)-$39.3M

In 2022, Finland exported $15.7M in Margarine. The main destinations of Finland exports on Margarine were Sweden ($6.7M), Norway ($3.49M), Estonia ($2.43M), Belgium ($1.21M), and Denmark ($874k).

In 2022, Finland imported $55M in Margarine, mainly from Sweden ($32.8M), Belgium ($5.32M), Germany ($5.28M), Denmark ($4.57M), and Netherlands ($3.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Sweden$1.51M (29.2%)
Denmark$295k (50.9%)
Estonia$267k (12.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Finland WERE (2021 - 2022):
Portugal-$937k (-100%)
Saudi Arabia-$583k (-100%)
Switzerland-$37.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Margarine were:
In 2022, Finland's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $344k
TOP IMPORT POTENTIALNetherlands+ $918k

Margarine’s highest export potential is Poland. With an export gap of $344k.   Margarine’s highest import potential is Netherlands with an import gap of $918k.

See methodology.

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