2022
Exports
$3.19MWorld Rnk 85 / 207
Flag Rnk 601 / 1205
2022
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.32Rnk 915 / 1025
2022
Imports
$43.9MWorld Rnk 55 / 221
Flag Rnk 336 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $3.19M in Knit Men's Suits, making it the 85th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 601st most exported product in Finland. The main destination of Knit Men's Suits exports from Finland are: Estonia ($625k), Germany ($596k), Sweden ($270k), Russia ($238k), and Latvia ($160k).

The fastest growing export markets for Knit Men's Suits of Finland between 2021 and 2022 were Germany ($397k), Estonia ($111k), and Kyrgyzstan ($66.5k).

Imports In 2022, Finland imported $43.9M in Knit Men's Suits, becoming the 55th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 336th most imported product in Finland. Finland imports Knit Men's Suits primarily from: China ($7.91M), Bangladesh ($7.47M), Sweden ($7.13M), Germany ($3.9M), and Pakistan ($2.76M).

The fastest growing import markets in Knit Men's Suits for Finland between 2021 and 2022 were Bangladesh ($1.89M), Cambodia ($1.19M), and Belgium ($1.1M).

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 Knit Men's Suits. 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)$3.19M
IMPORTS (2022)$43.9M
NET TRADE (2022)-$40.7M

In 2022, Finland exported $3.19M in Knit Men's Suits. The main destinations of Finland exports on Knit Men's Suits were Estonia ($625k), Germany ($596k), Sweden ($270k), Russia ($238k), and Latvia ($160k).

In 2022, Finland imported $43.9M in Knit Men's Suits, mainly from China ($7.91M), Bangladesh ($7.47M), Sweden ($7.13M), Germany ($3.9M), and Pakistan ($2.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Germany$397k (200%)
Estonia$111k (21.5%)
Kyrgyzstan$66.5k (5.68k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Finland WERE (2021 - 2022):
Russia-$356k (-59.9%)
Sweden-$59k (-17.9%)
Austria-$29.8k (-31.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Knit Men's Suits were:
In 2022, Finland's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $360k
TOP IMPORT POTENTIALChina+ $3.68M

Knit Men's Suits’s highest export potential is Germany. With an export gap of $360k.   Knit Men's Suits’s highest import potential is China with an import gap of $3.68M.

See methodology.

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