2022
Exports
$1.11MWorld Rnk 50 / 174
Flag Rnk 745 / 1205
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$10.9MWorld Rnk 49 / 218
Flag Rnk 605 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.11M in Umbrellas, making it the 50th largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 745th most exported product in Finland. The main destination of Umbrellas exports from Finland are: Estonia ($274k), Japan ($148k), Sweden ($118k), Germany ($78.9k), and Latvia ($64.4k).

The fastest growing export markets for Umbrellas of Finland between 2021 and 2022 were Estonia ($143k), Luxembourg ($19.3k), and Germany ($18.8k).

Imports In 2022, Finland imported $10.9M in Umbrellas, becoming the 49th largest importer of Umbrellas in the world. At the same year, Umbrellas was the 605th most imported product in Finland. Finland imports Umbrellas primarily from: China ($6.69M), Sweden ($1.36M), Poland ($812k), Germany ($501k), and Netherlands ($368k).

The fastest growing import markets in Umbrellas for Finland between 2021 and 2022 were Sweden ($310k), Germany ($154k), and Poland ($145k).

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 Umbrellas. 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)$1.11M
IMPORTS (2022)$10.9M
NET TRADE (2022)-$9.79M

In 2022, Finland exported $1.11M in Umbrellas. The main destinations of Finland exports on Umbrellas were Estonia ($274k), Japan ($148k), Sweden ($118k), Germany ($78.9k), and Latvia ($64.4k).

In 2022, Finland imported $10.9M in Umbrellas, mainly from China ($6.69M), Sweden ($1.36M), Poland ($812k), Germany ($501k), and Netherlands ($368k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Estonia$143k (109%)
Luxembourg$19.3k (113%)
Germany$18.8k (31.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Finland WERE (2021 - 2022):
Japan-$98.9k (-40%)
United States-$29.6k (-49.4%)
Hong Kong-$16.4k (-78.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $78.4k
TOP IMPORT POTENTIALChina+ $945k

Umbrellas’s highest export potential is Germany. With an export gap of $78.4k.   Umbrellas’s highest import potential is China with an import gap of $945k.

See methodology.

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