2022
Exports
$135kWorld Rnk 112 / 149
Flag Rnk 987 / 1205
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$3.83MWorld Rnk 151 / 208
Flag Rnk 806 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $135k in Palm Oil, making it the 112th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 987th most exported product in Finland. The main destination of Palm Oil exports from Finland are: Denmark ($92.8k), Netherlands ($24.7k), Russia ($17.3k), Iceland ($81), and United Kingdom ($21).

The fastest growing export markets for Palm Oil of Finland between 2021 and 2022 were Denmark ($72.3k), Netherlands ($23.9k), and Russia ($17.3k).

Imports In 2022, Finland imported $3.83M in Palm Oil, becoming the 151st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 806th most imported product in Finland. Finland imports Palm Oil primarily from: Sweden ($1.87M), Germany ($1.12M), Poland ($371k), Italy ($178k), and France ($92.5k).

The fastest growing import markets in Palm Oil for Finland between 2021 and 2022 were Germany ($996k), Italy ($65.4k), and Malaysia ($53k).

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 Palm Oil. 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)$135k
IMPORTS (2022)$3.83M
NET TRADE (2022)-$3.69M

In 2022, Finland exported $135k in Palm Oil. The main destinations of Finland exports on Palm Oil were Denmark ($92.8k), Netherlands ($24.7k), Russia ($17.3k), Iceland ($81), and United Kingdom ($21).

In 2022, Finland imported $3.83M in Palm Oil, mainly from Sweden ($1.87M), Germany ($1.12M), Poland ($371k), Italy ($178k), and France ($92.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Denmark$72.3k (354%)
Netherlands$23.9k (2.99k%)
Russia$17.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Finland WERE (2021 - 2022):Singapore-$5 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Palm Oil were:
In 2022, Finland's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $42.1k
TOP IMPORT POTENTIALMalaysia+ $194k

Palm Oil’s highest export potential is Russia. With an export gap of $42.1k.   Palm Oil’s highest import potential is Malaysia with an import gap of $194k.

See methodology.

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