2022
Exports
$1.47MWorld Rnk 72 / 153
Flag Rnk 705 / 1205
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$9.99MWorld Rnk 89 / 214
Flag Rnk 617 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.47M in Other Vegetable Oils, making it the 72nd largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 705th most exported product in Finland. The main destination of Other Vegetable Oils exports from Finland are: Germany ($1.09M), Netherlands ($162k), Russia ($116k), Latvia ($31k), and Sweden ($26.6k).

The fastest growing export markets for Other Vegetable Oils of Finland between 2021 and 2022 were Germany ($1.09M), Netherlands ($133k), and Czechia ($20.9k).

Imports In 2022, Finland imported $9.99M in Other Vegetable Oils, becoming the 89th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 617th most imported product in Finland. Finland imports Other Vegetable Oils primarily from: Sweden ($3.09M), Germany ($2.43M), Norway ($1.2M), Netherlands ($1.05M), and Denmark ($972k).

The fastest growing import markets in Other Vegetable Oils for Finland between 2021 and 2022 were Germany ($652k), Denmark ($632k), and Sweden ($532k).

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 Other Vegetable Oils. 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)$1.47M
IMPORTS (2022)$9.99M
NET TRADE (2022)-$8.53M

In 2022, Finland exported $1.47M in Other Vegetable Oils. The main destinations of Finland exports on Other Vegetable Oils were Germany ($1.09M), Netherlands ($162k), Russia ($116k), Latvia ($31k), and Sweden ($26.6k).

In 2022, Finland imported $9.99M in Other Vegetable Oils, mainly from Sweden ($3.09M), Germany ($2.43M), Norway ($1.2M), Netherlands ($1.05M), and Denmark ($972k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Germany$1.09M (402k%)
Netherlands$133k (464%)
Czechia$20.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Finland WERE (2021 - 2022):
Latvia-$1.61M (-98.1%)
Russia-$53k (-31.3%)
Saudi Arabia-$36.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Other Vegetable Oils were:
In 2022, Finland's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $113k
TOP IMPORT POTENTIALNorway+ $296k

Other Vegetable Oils’s highest export potential is Netherlands. With an export gap of $113k.   Other Vegetable Oils’s highest import potential is Norway with an import gap of $296k.

See methodology.

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