2023
Exports
$15MWorld Rnk 40 / 221
Flag Rnk 358 / 1207
2023
PRODUCT COMPLEXITY IN Other Hand Tools
1.82Rnk 14 / 1025
2023
Imports
$37.1MWorld Rnk 46 / 225
Flag Rnk 337 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $15M in Other Hand Tools, making it the 40th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 358th most exported product in Finland. The main destination of Other Hand Tools exports from Finland are: Netherlands ($2.48M), Estonia ($2.45M), United States ($1.2M), Sweden ($1.01M), and Lithuania ($784k).

The fastest growing export markets for Other Hand Tools of Finland between 2022 and 2023 were Saudi Arabia ($554k), Lithuania ($295k), and Djibouti ($191k).

Imports In 2023, Finland imported $37.1M in Other Hand Tools, becoming the 46th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 337th most imported product in Finland. Finland imports Other Hand Tools primarily from: China ($9.09M), Germany ($8.6M), Sweden ($3.44M), Chinese Taipei ($3.05M), and Netherlands ($1.28M).

The fastest growing import markets in Other Hand Tools for Finland between 2022 and 2023 were Italy ($275k), Germany ($181k), and Sweden ($173k).

Latest Trends

Jan 2025

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 Other Hand Tools. 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 (2023)$15M
IMPORTS (2023)$37.1M
NET TRADE (2023)-$22.1M

In 2023, Finland exported $15M in Other Hand Tools. The main destinations of Finland exports on Other Hand Tools were Netherlands ($2.48M), Estonia ($2.45M), United States ($1.2M), Sweden ($1.01M), and Lithuania ($784k).

In 2023, Finland imported $37.1M in Other Hand Tools, mainly from China ($9.09M), Germany ($8.6M), Sweden ($3.44M), Chinese Taipei ($3.05M), and Netherlands ($1.28M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Saudi Arabia$554k (1.73k%)
Lithuania$295k (60.2%)
Djibouti$191k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Finland WERE (2022 - 2023):
Estonia-$3.62M (-59.6%)
United States-$1.09M (-47.5%)
Netherlands-$811k (-24.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Other Hand Tools were:
In 2023, Finland's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.16M
TOP IMPORT POTENTIALChina+ $3.44M

Other Hand Tools’s highest export potential is United States. With an export gap of $1.16M.   Other Hand Tools’s highest import potential is China with an import gap of $3.44M.

See methodology.

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