2023
Exports
$18.4MWorld Rnk 17 / 103
Flag Rnk 331 / 1207
2023
PRODUCT COMPLEXITY IN Stainless Steel Ingots
1.04Rnk 163 / 1025
2023
Imports
$16.5MWorld Rnk 23 / 173
Flag Rnk 501 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $18.4M in Stainless Steel Ingots, making it the 17th largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 331st most exported product in Finland. The main destination of Stainless Steel Ingots exports from Finland are: Sweden ($16.5M), United Kingdom ($981k), Ireland ($558k), Ukraine ($200k), and Czechia ($32.1k).

The fastest growing export markets for Stainless Steel Ingots of Finland between 2022 and 2023 were Sweden ($8.45M), United Kingdom ($976k), and Ireland ($558k).

Imports In 2023, Finland imported $16.5M 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 501st most imported product in Finland. Finland imports Stainless Steel Ingots primarily from: United States ($8.96M), Germany ($5.09M), Sweden ($615k), Poland ($321k), and Spain ($296k).

The fastest growing import markets in Stainless Steel Ingots for Finland between 2022 and 2023 were United States ($1.05M), Sweden ($189k), and Latvia ($114k).

Latest Trends

Jan 2025

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 (2023)$18.4M
IMPORTS (2023)$16.5M
NET TRADE (2023)$1.84M

In 2023, Finland exported $18.4M in Stainless Steel Ingots. The main destinations of Finland exports on Stainless Steel Ingots were Sweden ($16.5M), United Kingdom ($981k), Ireland ($558k), Ukraine ($200k), and Czechia ($32.1k).

In 2023, Finland imported $16.5M in Stainless Steel Ingots, mainly from United States ($8.96M), Germany ($5.09M), Sweden ($615k), Poland ($321k), and Spain ($296k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Sweden$8.45M (105%)
United Kingdom$976k (19.6k%)
Ireland$558k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Finland WERE (2022 - 2023):
Croatia-$91.5k (-96.5%)
Latvia-$20.3k (-96.5%)
Lithuania-$18.3k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Stainless Steel Ingots were:
In 2023, Finland's main importing competitors in Stainless Steel Ingots were:
India $1.42B
China $1.25B

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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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