2023
Exports
$2.01MWorld Rnk 48 / 196
Flag Rnk 645 / 1207
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$19.7MWorld Rnk 41 / 221
Flag Rnk 466 / 1209
2023
ECONOMIC COMPLEXITY of Finland
1.46Rnk 13 / 132

About

Exports In 2023, Finland exported $2.01M in Wrenches, making it the 48th largest exporter of Wrenches in the world. At the same year, Wrenches was the 645th most exported product in Finland. The main destination of Wrenches exports from Finland are: Sweden ($380k), Estonia ($248k), Netherlands ($232k), Mexico ($125k), and Ireland ($107k).

The fastest growing export markets for Wrenches of Finland between 2022 and 2023 were Sweden ($250k), Hong Kong ($70k), and Zambia ($55.6k).

Imports In 2023, Finland imported $19.7M in Wrenches, becoming the 41st largest importer of Wrenches in the world. At the same year, Wrenches was the 466th most imported product in Finland. Finland imports Wrenches primarily from: Chinese Taipei ($6.07M), Germany ($4.06M), China ($3.56M), Sweden ($1.05M), and United States ($1.02M).

The fastest growing import markets in Wrenches for Finland between 2022 and 2023 were Austria ($335k), Germany ($214k), and Slovakia ($66.5k).

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 Wrenches. 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)$2.01M
IMPORTS (2023)$19.7M
NET TRADE (2023)-$17.7M

In 2023, Finland exported $2.01M in Wrenches. The main destinations of Finland exports on Wrenches were Sweden ($380k), Estonia ($248k), Netherlands ($232k), Mexico ($125k), and Ireland ($107k).

In 2023, Finland imported $19.7M in Wrenches, mainly from Chinese Taipei ($6.07M), Germany ($4.06M), China ($3.56M), Sweden ($1.05M), and United States ($1.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Finland WERE (2022 - 2023):
Sweden$250k (194%)
Hong Kong$70k (8.69k%)
Zambia$55.6k (129k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Finland WERE (2022 - 2023):
Malaysia-$171k (-100%)
Estonia-$106k (-30%)
Denmark-$79.9k (-71.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $126k
TOP IMPORT POTENTIALChina+ $1.19M

Wrenches’s highest export potential is United States. With an export gap of $126k.   Wrenches’s highest import potential is China with an import gap of $1.19M.

See methodology.

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