2022
Exports
$1.14MWorld Rnk 45 / 92
Flag Rnk 740 / 1205
2022
PRODUCT COMPLEXITY IN Pig Iron
-1.18Rnk 876 / 1025
2022
Imports
$17MWorld Rnk 30 / 141
Flag Rnk 523 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $1.14M in Pig Iron, making it the 45th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 740th most exported product in Finland. The main destination of Pig Iron exports from Finland are: Sweden ($721k), Estonia ($364k), Denmark ($37.9k), Netherlands ($13.7k), and Lithuania ($2.37k).

The fastest growing export markets for Pig Iron of Finland between 2021 and 2022 were Sweden ($602k), Estonia ($40.8k), and Denmark ($9.71k).

Imports In 2022, Finland imported $17M in Pig Iron, becoming the 30th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 523rd most imported product in Finland. Finland imports Pig Iron primarily from: Brazil ($6.18M), Canada ($4.57M), China ($2.17M), Norway ($1.87M), and South Africa ($1.02M).

The fastest growing import markets in Pig Iron for Finland between 2021 and 2022 were Brazil ($5.54M), Canada ($4.57M), and China ($2.17M).

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 Pig Iron. 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)$1.14M
IMPORTS (2022)$17M
NET TRADE (2022)-$15.9M

In 2022, Finland exported $1.14M in Pig Iron. The main destinations of Finland exports on Pig Iron were Sweden ($721k), Estonia ($364k), Denmark ($37.9k), Netherlands ($13.7k), and Lithuania ($2.37k).

In 2022, Finland imported $17M in Pig Iron, mainly from Brazil ($6.18M), Canada ($4.57M), China ($2.17M), Norway ($1.87M), and South Africa ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Sweden$602k (506%)
Estonia$40.8k (12.6%)
Denmark$9.71k (34.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Finland WERE (2021 - 2022):
Italy-$520k (-100%)
Netherlands-$21.3k (-60.9%)
Lithuania-$7.84k (-76.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $26.1k
TOP IMPORT POTENTIALBrazil+ $825k

Pig Iron’s highest export potential is Netherlands. With an export gap of $26.1k.   Pig Iron’s highest import potential is Brazil with an import gap of $825k.

See methodology.

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