2023
Exports
$64.3MWorld Rnk 33 / 136
Flag Rnk 186 / 1207
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$11.5MWorld Rnk 47 / 179
Flag Rnk 579 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $64.3M in Silver, making it the 33rd largest exporter of Silver in the world. At the same year, Silver was the 186th most exported product in Finland. The main destination of Silver exports from Finland are: Sweden ($47.2M), United Kingdom ($11.8M), Switzerland ($2.32M), Germany ($1.97M), and Estonia ($804k).

The fastest growing export markets for Silver of Finland between 2022 and 2023 were Sweden ($47M), Switzerland ($1.28M), and Iceland ($58.7k).

Imports In 2023, Finland imported $11.5M in Silver, becoming the 47th largest importer of Silver in the world. At the same year, Silver was the 579th most imported product in Finland. Finland imports Silver primarily from: Norway ($3.31M), Sweden ($3.03M), Germany ($1.7M), France ($1.15M), and Switzerland ($1.09M).

The fastest growing import markets in Silver for Finland between 2022 and 2023 were France ($903k), Switzerland ($431k), and Hungary ($137k).

Latest Trends

Dec 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 Silver. 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)$64.3M
IMPORTS (2023)$11.5M
NET TRADE (2023)$52.8M

In 2023, Finland exported $64.3M in Silver. The main destinations of Finland exports on Silver were Sweden ($47.2M), United Kingdom ($11.8M), Switzerland ($2.32M), Germany ($1.97M), and Estonia ($804k).

In 2023, Finland imported $11.5M in Silver, mainly from Norway ($3.31M), Sweden ($3.03M), Germany ($1.7M), France ($1.15M), and Switzerland ($1.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Sweden$47M (21.5k%)
Switzerland$1.28M (124%)
Iceland$58.7k (111%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Finland WERE (2022 - 2023):
United Kingdom-$28.5M (-70.7%)
United States-$11.7M (-100%)
Germany-$6.33M (-76.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Silver were:
In 2023, Finland's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.45M
TOP IMPORT POTENTIALGermany+ $1.03M

Silver’s highest export potential is United States. With an export gap of $6.45M.   Silver’s highest import potential is Germany with an import gap of $1.03M.

See methodology.

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