2022
Exports
$1.5MWorld Rnk 38 / 158
Flag Rnk 702 / 1205
2022
PRODUCT COMPLEXITY IN Pastes and Waxes
1Rnk 171 / 1025
2022
Imports
$4.47MWorld Rnk 54 / 209
Flag Rnk 781 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.5M in Pastes and Waxes, making it the 38th largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 702nd most exported product in Finland. The main destination of Pastes and Waxes exports from Finland are: Sweden ($709k), Norway ($510k), Estonia ($106k), Iceland ($48.2k), and Denmark ($34.5k).

The fastest growing export markets for Pastes and Waxes of Finland between 2021 and 2022 were Estonia ($32.7k), Belarus ($27.7k), and Iceland ($16k).

Imports In 2022, Finland imported $4.47M in Pastes and Waxes, becoming the 54th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 781st most imported product in Finland. Finland imports Pastes and Waxes primarily from: Germany ($1.91M), Sweden ($484k), China ($388k), Denmark ($371k), and Switzerland ($279k).

The fastest growing import markets in Pastes and Waxes for Finland between 2021 and 2022 were Germany ($501k), Switzerland ($239k), and Denmark ($82.2k).

Latest Trends

Jul 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 Pastes and Waxes. 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)$1.5M
IMPORTS (2022)$4.47M
NET TRADE (2022)-$2.96M

In 2022, Finland exported $1.5M in Pastes and Waxes. The main destinations of Finland exports on Pastes and Waxes were Sweden ($709k), Norway ($510k), Estonia ($106k), Iceland ($48.2k), and Denmark ($34.5k).

In 2022, Finland imported $4.47M in Pastes and Waxes, mainly from Germany ($1.91M), Sweden ($484k), China ($388k), Denmark ($371k), and Switzerland ($279k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Estonia$32.7k (44.6%)
Belarus$27.7k (1%)
Iceland$16k (49.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY Finland WERE (2021 - 2022):
Denmark-$598k (-94.5%)
Sweden-$268k (-27.4%)
Russia-$167k (-94.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Pastes and Waxes were:
In 2022, Finland's main importing competitors in Pastes and Waxes were:

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $25.8k
TOP IMPORT POTENTIALChina+ $387k

Pastes and Waxes’s highest export potential is Russia. With an export gap of $25.8k.   Pastes and Waxes’s highest import potential is China with an import gap of $387k.

See methodology.

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