2022
Exports
$1.56MWorld Rnk 40 / 184
Flag Rnk 697 / 1205
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$10.7MWorld Rnk 38 / 218
Flag Rnk 610 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.56M in Tool Sets, making it the 40th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 697th most exported product in Finland. The main destination of Tool Sets exports from Finland are: Netherlands ($307k), Sweden ($266k), Estonia ($225k), United States ($142k), and United Arab Emirates ($112k).

The fastest growing export markets for Tool Sets of Finland between 2021 and 2022 were United States ($135k), Sweden ($112k), and Brazil ($79k).

Imports In 2022, Finland imported $10.7M in Tool Sets, becoming the 38th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 610th most imported product in Finland. Finland imports Tool Sets primarily from: China ($3.2M), Germany ($2.41M), Netherlands ($1.89M), Chinese Taipei ($1.08M), and Sweden ($994k).

The fastest growing import markets in Tool Sets for Finland between 2021 and 2022 were Netherlands ($945k), United States ($106k), and China ($104k).

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 Tool Sets. 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)$1.56M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$9.1M

In 2022, Finland exported $1.56M in Tool Sets. The main destinations of Finland exports on Tool Sets were Netherlands ($307k), Sweden ($266k), Estonia ($225k), United States ($142k), and United Arab Emirates ($112k).

In 2022, Finland imported $10.7M in Tool Sets, mainly from China ($3.2M), Germany ($2.41M), Netherlands ($1.89M), Chinese Taipei ($1.08M), and Sweden ($994k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$135k (1.76k%)
Sweden$112k (72.8%)
Brazil$79k (392%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Finland WERE (2021 - 2022):
Germany-$432k (-93.6%)
Russia-$77.1k (-84.6%)
Estonia-$70k (-23.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $83k
TOP IMPORT POTENTIALChina+ $381k

Tool Sets’s highest export potential is United States. With an export gap of $83k.   Tool Sets’s highest import potential is China with an import gap of $381k.

See methodology.

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