2022
Exports
$19.4MWorld Rnk 22 / 165
Flag Rnk 347 / 1205
2022
PRODUCT COMPLEXITY IN Tensile Testing Machines
1.41Rnk 69 / 1025
2022
Imports
$7.75MWorld Rnk 46 / 206
Flag Rnk 666 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $19.4M in Tensile Testing Machines, making it the 22nd largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 347th most exported product in Finland. The main destination of Tensile Testing Machines exports from Finland are: United States ($3.42M), China ($2.5M), Germany ($2.24M), Brazil ($1.34M), and Dominican Republic ($818k).

The fastest growing export markets for Tensile Testing Machines of Finland between 2021 and 2022 were United States ($997k), Brazil ($926k), and Dominican Republic ($669k).

Imports In 2022, Finland imported $7.75M in Tensile Testing Machines, becoming the 46th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 666th most imported product in Finland. Finland imports Tensile Testing Machines primarily from: Italy ($1.62M), Germany ($1.3M), United Kingdom ($1.14M), Sweden ($766k), and United States ($662k).

The fastest growing import markets in Tensile Testing Machines for Finland between 2021 and 2022 were Italy ($715k), Switzerland ($393k), and United Kingdom ($234k).

Latest Trends

Oct 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 Tensile Testing Machines. 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)$19.4M
IMPORTS (2022)$7.75M
NET TRADE (2022)$11.6M

In 2022, Finland exported $19.4M in Tensile Testing Machines. The main destinations of Finland exports on Tensile Testing Machines were United States ($3.42M), China ($2.5M), Germany ($2.24M), Brazil ($1.34M), and Dominican Republic ($818k).

In 2022, Finland imported $7.75M in Tensile Testing Machines, mainly from Italy ($1.62M), Germany ($1.3M), United Kingdom ($1.14M), Sweden ($766k), and United States ($662k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$997k (41.2%)
Brazil$926k (222%)
Dominican Republic$669k (449%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY Finland WERE (2021 - 2022):
Saudi Arabia-$1.53M (-99.8%)
China-$1.03M (-29.1%)
Germany-$979k (-30.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Tensile Testing Machines were:
In 2022, Finland's main importing competitors in Tensile Testing Machines were:

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Trade Value of Tensile Testing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.49M
TOP IMPORT POTENTIALUnited States+ $359k

Tensile Testing Machines’s highest export potential is China. With an export gap of $1.49M.   Tensile Testing Machines’s highest import potential is United States with an import gap of $359k.

See methodology.

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