2023
Exports
$74.7MWorld Rnk 15 / 113
Flag Rnk 175 / 1207
2023
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 412 / 1025
2023
Imports
$8.1MWorld Rnk 62 / 203
Flag Rnk 635 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $74.7M in Whey and other milk products, making it the 15th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 175th most exported product in Finland. The main destination of Whey and other milk products exports from Finland are: China ($25.9M), Sweden ($24.8M), Spain ($4.14M), Germany ($3.81M), and United Kingdom ($3.29M).

The fastest growing export markets for Whey and other milk products of Finland between 2022 and 2023 were Italy ($1.76M), China ($1.04M), and Germany ($623k).

Imports In 2023, Finland imported $8.1M in Whey and other milk products, becoming the 62nd largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 635th most imported product in Finland. Finland imports Whey and other milk products primarily from: Denmark ($2.98M), Germany ($1.87M), Sweden ($1.2M), Estonia ($877k), and Poland ($388k).

The fastest growing import markets in Whey and other milk products for Finland between 2022 and 2023 were Denmark ($526k), Netherlands ($219k), and Estonia ($201k).

Latest Trends

Dec 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 Whey and other milk products. 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)$74.7M
IMPORTS (2023)$8.1M
NET TRADE (2023)$66.6M

In 2023, Finland exported $74.7M in Whey and other milk products. The main destinations of Finland exports on Whey and other milk products were China ($25.9M), Sweden ($24.8M), Spain ($4.14M), Germany ($3.81M), and United Kingdom ($3.29M).

In 2023, Finland imported $8.1M in Whey and other milk products, mainly from Denmark ($2.98M), Germany ($1.87M), Sweden ($1.2M), Estonia ($877k), and Poland ($388k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Italy$1.76M (243%)
China$1.04M (4.19%)
Germany$623k (19.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Finland WERE (2022 - 2023):
Singapore-$2.32M (-100%)
Denmark-$1.78M (-69.8%)
Netherlands-$1.32M (-60.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Finland's main exporting competitors in Whey and other milk products were:
In 2023, Finland's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.51M
TOP IMPORT POTENTIALGermany+ $467k

Whey and other milk products’s highest export potential is China. With an export gap of $2.51M.   Whey and other milk products’s highest import potential is Germany with an import gap of $467k.

See methodology.

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