2022
Exports
$327MWorld Rnk 46 / 226
Flag Rnk 66 / 1205
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$1.49BWorld Rnk 37 / 225
Flag Rnk 8 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $327M in Motor vehicles; parts and accessories (8701 to 8705), making it the 46th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 66th most exported product in Finland. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Finland are: Sweden ($78.1M), Germany ($27.8M), France ($22.1M), Estonia ($20.3M), and Netherlands ($19.2M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Finland between 2021 and 2022 were Netherlands ($7.95M), Sweden ($7.58M), and United States ($3.89M).

Imports In 2022, Finland imported $1.49B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 37th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 8th most imported product in Finland. Finland imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($561M), Italy ($111M), Czechia ($101M), Sweden ($90.8M), and Poland ($76.9M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Finland between 2021 and 2022 were Italy ($25.4M), China ($18.3M), and Netherlands ($6.49M).

COMPANIES In 2023, leading companies such as Kubota (3) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Finland to the United States.

Latest Trends

Oct 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 Motor vehicles; parts and accessories (8701 to 8705). 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)$327M
IMPORTS (2022)$1.49B
NET TRADE (2022)-$1.16B

In 2022, Finland exported $327M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Finland exports on Motor vehicles; parts and accessories (8701 to 8705) were Sweden ($78.1M), Germany ($27.8M), France ($22.1M), Estonia ($20.3M), and Netherlands ($19.2M).

In 2022, Finland imported $1.49B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($561M), Italy ($111M), Czechia ($101M), Sweden ($90.8M), and Poland ($76.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Netherlands$7.95M (70.5%)
Sweden$7.58M (10.7%)
United States$3.89M (49.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Finland WERE (2021 - 2022):
Russia-$25.1M (-67.2%)
Australia-$3.36M (-47.5%)
Italy-$1.48M (-18%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Finland's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $37.2M
TOP IMPORT POTENTIALChina+ $63.6M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is Germany. With an export gap of $37.2M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $63.6M.

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