2023
Exports
$406MWorld Rnk 34 / 223
Flag Rnk 49 / 1207
2023
PRODUCT COMPLEXITY IN Valves
1.34Rnk 71 / 1025
2023
Imports
$553MWorld Rnk 36 / 226
Flag Rnk 23 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $406M in Valves, making it the 34th largest exporter of Valves in the world. At the same year, Valves was the 49th most exported product in Finland. The main destination of Valves exports from Finland are: China ($38.1M), Netherlands ($36.9M), Sweden ($28.1M), Italy ($16.6M), and Poland ($16.5M).

The fastest growing export markets for Valves of Finland between 2022 and 2023 were Brazil ($8.92M), Netherlands ($7.31M), and Italy ($7.17M).

Imports In 2023, Finland imported $553M in Valves, becoming the 36th largest importer of Valves in the world. At the same year, Valves was the 23rd most imported product in Finland. Finland imports Valves primarily from: Germany ($161M), Italy ($62.9M), Sweden ($53.6M), China ($49M), and Poland ($32.7M).

The fastest growing import markets in Valves for Finland between 2022 and 2023 were France ($2.68M), South Korea ($2.13M), and India ($2.05M).

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 Valves. 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)$406M
IMPORTS (2023)$553M
NET TRADE (2023)-$148M

In 2023, Finland exported $406M in Valves. The main destinations of Finland exports on Valves were China ($38.1M), Netherlands ($36.9M), Sweden ($28.1M), Italy ($16.6M), and Poland ($16.5M).

In 2023, Finland imported $553M in Valves, mainly from Germany ($161M), Italy ($62.9M), Sweden ($53.6M), China ($49M), and Poland ($32.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Brazil$8.92M (189%)
Netherlands$7.31M (24.8%)
Italy$7.17M (75.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Finland WERE (2022 - 2023):
Russia-$18.2M (-94.9%)
Romania-$11.4M (-85.2%)
Germany-$6.21M (-28.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Valves were:
In 2023, Finland's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.4M
TOP IMPORT POTENTIALChina+ $36.5M

Valves’s highest export potential is China. With an export gap of $24.4M.   Valves’s highest import potential is China with an import gap of $36.5M.

See methodology.

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