2022
Exports
$363MWorld Rnk 29 / 129
Flag Rnk 61 / 1205
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$457MWorld Rnk 22 / 172
Flag Rnk 36 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $363M in Ferroalloys, making it the 29th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 61st most exported product in Finland. The main destination of Ferroalloys exports from Finland are: United States ($113M), Sweden ($76.5M), Netherlands ($73.3M), United Kingdom ($27.1M), and France ($20.7M).

The fastest growing export markets for Ferroalloys of Finland between 2021 and 2022 were Sweden ($18M), Slovenia ($4.93M), and Spain ($2.9M).

Imports In 2022, Finland imported $457M in Ferroalloys, becoming the 22nd largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 36th most imported product in Finland. Finland imports Ferroalloys primarily from: Norway ($126M), Brazil ($85.6M), Canada ($21.7M), Colombia ($21.5M), and North Macedonia ($18.8M).

The fastest growing import markets in Ferroalloys for Finland between 2021 and 2022 were Norway ($54.6M), Brazil ($48.5M), and Colombia ($15.6M).

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 Ferroalloys. 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)$363M
IMPORTS (2022)$457M
NET TRADE (2022)-$93.6M

In 2022, Finland exported $363M in Ferroalloys. The main destinations of Finland exports on Ferroalloys were United States ($113M), Sweden ($76.5M), Netherlands ($73.3M), United Kingdom ($27.1M), and France ($20.7M).

In 2022, Finland imported $457M in Ferroalloys, mainly from Norway ($126M), Brazil ($85.6M), Canada ($21.7M), Colombia ($21.5M), and North Macedonia ($18.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Sweden$18M (30.8%)
Slovenia$4.93M (1%)
Spain$2.9M (21.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Finland WERE (2021 - 2022):
France-$32.7M (-61.2%)
United States-$12.4M (-9.93%)
Indonesia-$11.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $9.09M
TOP IMPORT POTENTIALRussia+ $11M

Ferroalloys’s highest export potential is Japan. With an export gap of $9.09M.   Ferroalloys’s highest import potential is Russia with an import gap of $11M.

See methodology.

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