2022
Exports
$26.6MWorld Rnk 45 / 133
Flag Rnk 304 / 1205
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$40.3MWorld Rnk 115 / 194
Flag Rnk 353 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $26.6M in Wheat, making it the 45th largest exporter of Wheat in the world. At the same year, Wheat was the 304th most exported product in Finland. The main destination of Wheat exports from Finland are: Nigeria ($26.3M), Netherlands ($143k), Norway ($49.6k), Estonia ($39.6k), and Sweden ($22.7k).

The fastest growing export markets for Wheat of Finland between 2021 and 2022 were Nigeria ($26.3M), Denmark ($7.27k), and Sweden ($4.53k).

Imports In 2022, Finland imported $40.3M in Wheat, becoming the 115th largest importer of Wheat in the world. At the same year, Wheat was the 353rd most imported product in Finland. Finland imports Wheat primarily from: Poland ($17.4M), Estonia ($13M), Lithuania ($4.51M), Sweden ($2M), and Canada ($1.61M).

The fastest growing import markets in Wheat for Finland between 2021 and 2022 were Poland ($17.4M), Estonia ($11M), and Lithuania ($4.51M).

Latest Trends

Aug 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 Wheat. 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)$26.6M
IMPORTS (2022)$40.3M
NET TRADE (2022)-$13.6M

In 2022, Finland exported $26.6M in Wheat. The main destinations of Finland exports on Wheat were Nigeria ($26.3M), Netherlands ($143k), Norway ($49.6k), Estonia ($39.6k), and Sweden ($22.7k).

In 2022, Finland imported $40.3M in Wheat, mainly from Poland ($17.4M), Estonia ($13M), Lithuania ($4.51M), Sweden ($2M), and Canada ($1.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Nigeria$26.3M (1%)
Denmark$7.27k (1%)
Sweden$4.53k (24.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Finland WERE (2021 - 2022):
Netherlands-$3.76M (-96.3%)
United Kingdom-$3.04M (-100%)
Norway-$1.96M (-97.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Wheat were:
In 2022, Finland's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $336k
TOP IMPORT POTENTIALCanada+ $1.67M

Wheat’s highest export potential is Netherlands. With an export gap of $336k.   Wheat’s highest import potential is Canada with an import gap of $1.67M.

See methodology.

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