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2022
Exports $10.4MWorld Rnk 22 / 104
Flag Rnk 419 / 1205
2022
Destination $91.7k Sweden
2021 - 2022
FASTEST GROWING MARKET $91.7kCroatia
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.08Rnk 143 / 1025
2022
Imports $15.7MWorld Rnk 23 / 180
Flag Rnk 540 / 1211
2022
Origin $3.09M United States
2021 - 2022
FASTEST GROWING ORIGIN $3.09MGermany
2022
ECONOMIC COMPLEXITY of Finland1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $10.4M in Stainless Steel Ingots, making it the 22nd largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 419th most exported product in Finland. The main destination of Stainless Steel Ingots exports from Finland are: Sweden ($10.2M), Croatia ($91.7k), Estonia ($43.8k), Latvia ($20.6k), and Lithuania ($17.9k).

The fastest growing export markets for Stainless Steel Ingots of Finland between 2021 and 2022 were Croatia ($91.7k), Latvia ($20.6k), and Lithuania ($17.9k).

Imports In 2022, Finland imported $15.7M in Stainless Steel Ingots, becoming the 23rd largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 540th most imported product in Finland. Finland imports Stainless Steel Ingots primarily from: United States ($7.91M), Germany ($4.45M), India ($999k), Poland ($456k), and United Kingdom ($442k).

The fastest growing import markets in Stainless Steel Ingots for Finland between 2021 and 2022 were Germany ($3.09M), Poland ($174k), and Turkey ($152k).

Latest Trends

Sep 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 Stainless Steel Ingots. 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)$10.4M
IMPORTS (2022)$15.7M
NET TRADE (2022)-$5.25M

In 2022, Finland exported $10.4M in Stainless Steel Ingots. The main destinations of Finland exports on Stainless Steel Ingots were Sweden ($10.2M), Croatia ($91.7k), Estonia ($43.8k), Latvia ($20.6k), and Lithuania ($17.9k).

In 2022, Finland imported $15.7M in Stainless Steel Ingots, mainly from United States ($7.91M), Germany ($4.45M), India ($999k), Poland ($456k), and United Kingdom ($442k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Croatia$91.7k (1%)
Latvia$20.6k (1%)
Lithuania$17.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Finland WERE (2021 - 2022):
Sweden-$67M (-86.8%)
Saudi Arabia-$266k (-100%)
India-$146k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Stainless Steel Ingots were:
Indonesia $4.21B
United Kingdom $805M
Sweden $298M
In 2022, Finland's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M
Sweden $541M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.6k
TOP IMPORT POTENTIALSweden+ $370k

Stainless Steel Ingots’s highest export potential is United States. With an export gap of $34.6k.   Stainless Steel Ingots’s highest import potential is Sweden with an import gap of $370k.

See methodology.

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