2023
Exports
$407MWorld Rnk 24 / 212
Flag Rnk 48 / 1207
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$220MWorld Rnk 47 / 225
Flag Rnk 77 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $407M in Other Heating Machinery, making it the 24th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 48th most exported product in Finland. The main destination of Other Heating Machinery exports from Finland are: Sweden ($58.7M), China ($55.8M), United States ($52.6M), Germany ($22.6M), and Chile ($13.6M).

The fastest growing export markets for Other Heating Machinery of Finland between 2022 and 2023 were China ($19.3M), Chile ($11.8M), and Malaysia ($10.2M).

Imports In 2023, Finland imported $220M in Other Heating Machinery, becoming the 47th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 77th most imported product in Finland. Finland imports Other Heating Machinery primarily from: Sweden ($46.6M), Germany ($36.9M), Italy ($20.1M), Denmark ($14.6M), and Netherlands ($11.8M).

The fastest growing import markets in Other Heating Machinery for Finland between 2022 and 2023 were Sweden ($5.21M), Spain ($2.44M), and Denmark ($1.87M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Heating Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$407M
IMPORTS (2023)$220M
NET TRADE (2023)$187M

In 2023, Finland exported $407M in Other Heating Machinery. The main destinations of Finland exports on Other Heating Machinery were Sweden ($58.7M), China ($55.8M), United States ($52.6M), Germany ($22.6M), and Chile ($13.6M).

In 2023, Finland imported $220M in Other Heating Machinery, mainly from Sweden ($46.6M), Germany ($36.9M), Italy ($20.1M), Denmark ($14.6M), and Netherlands ($11.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Finland WERE (2022 - 2023):
China$19.3M (52.9%)
Chile$11.8M (678%)
Malaysia$10.2M (507%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Finland WERE (2022 - 2023):
Russia-$32.7M (-98.5%)
Canada-$7.01M (-45.2%)
Denmark-$6.05M (-49.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Finland's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
Italy $4.77B
In 2023, Finland's main importing competitors in Other Heating Machinery were:

Explore Visualizations

Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.4M
TOP IMPORT POTENTIALChina+ $15.4M

Other Heating Machinery’s highest export potential is United States. With an export gap of $24.4M.   Other Heating Machinery’s highest import potential is China with an import gap of $15.4M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with