2022
Exports
$811MWorld Rnk 7 / 199
Flag Rnk 29 / 1205
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.61Rnk 321 / 1025
2022
Imports
$55.7MWorld Rnk 45 / 220
Flag Rnk 291 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $811M in Special Pharmaceuticals, making it the 7th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 29th most exported product in Finland. The main destination of Special Pharmaceuticals exports from Finland are: United States ($608M), China ($55.7M), Brazil ($39.3M), Canada ($36.5M), and Kenya ($5.99M).

The fastest growing export markets for Special Pharmaceuticals of Finland between 2021 and 2022 were United States ($115M), Brazil ($10.7M), and China ($8.43M).

Imports In 2022, Finland imported $55.7M in Special Pharmaceuticals, becoming the 45th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 291st most imported product in Finland. Finland imports Special Pharmaceuticals primarily from: Germany ($13.1M), Sweden ($9.59M), Belgium ($4.41M), United States ($4.03M), and Ireland ($3.36M).

The fastest growing import markets in Special Pharmaceuticals for Finland between 2021 and 2022 were Germany ($2.87M), United States ($1.79M), and Poland ($748k).

Latest Trends

Sep 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 Special Pharmaceuticals. 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)$811M
IMPORTS (2022)$55.7M
NET TRADE (2022)$755M

In 2022, Finland exported $811M in Special Pharmaceuticals. The main destinations of Finland exports on Special Pharmaceuticals were United States ($608M), China ($55.7M), Brazil ($39.3M), Canada ($36.5M), and Kenya ($5.99M).

In 2022, Finland imported $55.7M in Special Pharmaceuticals, mainly from Germany ($13.1M), Sweden ($9.59M), Belgium ($4.41M), United States ($4.03M), and Ireland ($3.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Finland WERE (2021 - 2022):
United States$115M (23.3%)
Brazil$10.7M (37.5%)
China$8.43M (17.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Finland WERE (2021 - 2022):
Canada-$4.78M (-11.6%)
Chile-$4.64M (-92.4%)
Japan-$3.05M (-36.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Special Pharmaceuticals were:
In 2022, Finland's main importing competitors in Special Pharmaceuticals were:

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.5M
TOP IMPORT POTENTIALGermany+ $2.44M

Special Pharmaceuticals’s highest export potential is China. With an export gap of $14.5M.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $2.44M.

See methodology.

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