2022
Exports
$6.82MWorld Rnk 52 / 167
Flag Rnk 478 / 1205
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
Imports
$60.4MWorld Rnk 35 / 207
Flag Rnk 276 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $6.82M in Footwear Parts, making it the 52nd largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 478th most exported product in Finland. The main destination of Footwear Parts exports from Finland are: Sweden ($1.22M), Norway ($694k), Ireland ($585k), Poland ($453k), and United Kingdom ($444k).

The fastest growing export markets for Footwear Parts of Finland between 2021 and 2022 were Ireland ($382k), Poland ($339k), and Belarus ($254k).

Imports In 2022, Finland imported $60.4M in Footwear Parts, becoming the 35th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 276th most imported product in Finland. Finland imports Footwear Parts primarily from: Vietnam ($17.2M), China ($14.3M), India ($9.87M), Italy ($2.47M), and Estonia ($2.2M).

The fastest growing import markets in Footwear Parts for Finland between 2021 and 2022 were Vietnam ($8.05M), India ($2.95M), and Czechia ($1.46M).

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 Footwear Parts. 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)$6.82M
IMPORTS (2022)$60.4M
NET TRADE (2022)-$53.6M

In 2022, Finland exported $6.82M in Footwear Parts. The main destinations of Finland exports on Footwear Parts were Sweden ($1.22M), Norway ($694k), Ireland ($585k), Poland ($453k), and United Kingdom ($444k).

In 2022, Finland imported $60.4M in Footwear Parts, mainly from Vietnam ($17.2M), China ($14.3M), India ($9.87M), Italy ($2.47M), and Estonia ($2.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Ireland$382k (188%)
Poland$339k (298%)
Belarus$254k (17.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Finland WERE (2021 - 2022):
France-$44k (-65.6%)
Switzerland-$43.8k (-38.6%)
United Kingdom-$26.7k (-5.68%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Finland's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $343k
TOP IMPORT POTENTIALChina+ $4.09M

Footwear Parts’s highest export potential is Russia. With an export gap of $343k.   Footwear Parts’s highest import potential is China with an import gap of $4.09M.

See methodology.

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