2022
Exports
$181kWorld Rnk 119 / 194
Flag Rnk 955 / 1205
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$7.26MWorld Rnk 62 / 223
Flag Rnk 686 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $181k in Spices, making it the 119th largest exporter of Spices in the world. At the same year, Spices was the 955th most exported product in Finland. The main destination of Spices exports from Finland are: Estonia ($78.5k), Netherlands ($28.2k), Lithuania ($18.5k), Sweden ($9.58k), and Germany ($8.1k).

The fastest growing export markets for Spices of Finland between 2021 and 2022 were Netherlands ($13k), Lithuania ($11k), and Germany ($6.95k).

Imports In 2022, Finland imported $7.26M in Spices, becoming the 62nd largest importer of Spices in the world. At the same year, Spices was the 686th most imported product in Finland. Finland imports Spices primarily from: Netherlands ($2.15M), Germany ($1.55M), Sweden ($1.28M), China ($279k), and Spain ($232k).

The fastest growing import markets in Spices for Finland between 2021 and 2022 were Austria ($87k), Turkey ($40k), and Estonia ($36.1k).

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 Spices. 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)$181k
IMPORTS (2022)$7.26M
NET TRADE (2022)-$7.08M

In 2022, Finland exported $181k in Spices. The main destinations of Finland exports on Spices were Estonia ($78.5k), Netherlands ($28.2k), Lithuania ($18.5k), Sweden ($9.58k), and Germany ($8.1k).

In 2022, Finland imported $7.26M in Spices, mainly from Netherlands ($2.15M), Germany ($1.55M), Sweden ($1.28M), China ($279k), and Spain ($232k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Netherlands$13k (85.2%)
Lithuania$11k (145%)
Germany$6.95k (605%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Finland WERE (2021 - 2022):
Spain-$39k (-97.9%)
Sweden-$22.7k (-70.3%)
Denmark-$22.6k (-81.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Spices were:
In 2022, Finland's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $26.3k
TOP IMPORT POTENTIALIndia+ $362k

Spices’s highest export potential is Sweden. With an export gap of $26.3k.   Spices’s highest import potential is India with an import gap of $362k.

See methodology.

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