2022
Exports
$276MWorld Rnk 30 / 219
Flag Rnk 75 / 1205
2022
PRODUCT COMPLEXITY IN Transmissions
1.46Rnk 62 / 1025
2022
Imports
$421MWorld Rnk 34 / 225
Flag Rnk 40 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $276M in Transmissions, making it the 30th largest exporter of Transmissions in the world. At the same year, Transmissions was the 75th most exported product in Finland. The main destination of Transmissions exports from Finland are: Germany ($29.7M), Netherlands ($27.3M), United States ($27.1M), China ($19.7M), and Sweden ($15.9M).

The fastest growing export markets for Transmissions of Finland between 2021 and 2022 were United States ($7.12M), Netherlands ($3.08M), and South Africa ($2.88M).

Imports In 2022, Finland imported $421M in Transmissions, becoming the 34th largest importer of Transmissions in the world. At the same year, Transmissions was the 40th most imported product in Finland. Finland imports Transmissions primarily from: Germany ($151M), Belgium ($51.4M), Italy ($49.3M), China ($34.4M), and Sweden ($19.2M).

The fastest growing import markets in Transmissions for Finland between 2021 and 2022 were Germany ($18.4M), Poland ($7.05M), and Italy ($6.32M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (3) and AGCO (1) were at the forefront of shipping Transmissions from Finland to the United States.

Latest Trends

Jul 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 Transmissions. 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)$276M
IMPORTS (2022)$421M
NET TRADE (2022)-$145M

In 2022, Finland exported $276M in Transmissions. The main destinations of Finland exports on Transmissions were Germany ($29.7M), Netherlands ($27.3M), United States ($27.1M), China ($19.7M), and Sweden ($15.9M).

In 2022, Finland imported $421M in Transmissions, mainly from Germany ($151M), Belgium ($51.4M), Italy ($49.3M), China ($34.4M), and Sweden ($19.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$7.12M (35.6%)
Netherlands$3.08M (12.7%)
South Africa$2.88M (66.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Finland WERE (2021 - 2022):
Germany-$59.2M (-66.6%)
Russia-$7.82M (-37%)
Italy-$3.69M (-32.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.5M
TOP IMPORT POTENTIALChina+ $23.4M

Transmissions’s highest export potential is United States. With an export gap of $23.5M.   Transmissions’s highest import potential is China with an import gap of $23.4M.

See methodology.

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