2022
Exports
$2.59MWorld Rnk 59 / 178
Flag Rnk 632 / 1205
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$10.6MWorld Rnk 64 / 208
Flag Rnk 611 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $2.59M in Precious Metal Watches, making it the 59th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 632nd most exported product in Finland. The main destination of Precious Metal Watches exports from Finland are: Russia ($394k), Netherlands ($362k), United States ($334k), Hong Kong ($285k), and Singapore ($207k).

The fastest growing export markets for Precious Metal Watches of Finland between 2021 and 2022 were Russia ($287k), Singapore ($149k), and Macau ($125k).

Imports In 2022, Finland imported $10.6M in Precious Metal Watches, becoming the 64th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 611th most imported product in Finland. Finland imports Precious Metal Watches primarily from: Switzerland ($4.93M), United States ($2.65M), Italy ($564k), France ($327k), and Netherlands ($325k).

The fastest growing import markets in Precious Metal Watches for Finland between 2021 and 2022 were United States ($2.53M), Switzerland ($1.36M), and Italy ($463k).

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 Precious Metal Watches. 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)$2.59M
IMPORTS (2022)$10.6M
NET TRADE (2022)-$7.99M

In 2022, Finland exported $2.59M in Precious Metal Watches. The main destinations of Finland exports on Precious Metal Watches were Russia ($394k), Netherlands ($362k), United States ($334k), Hong Kong ($285k), and Singapore ($207k).

In 2022, Finland imported $10.6M in Precious Metal Watches, mainly from Switzerland ($4.93M), United States ($2.65M), Italy ($564k), France ($327k), and Netherlands ($325k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Russia$287k (268%)
Singapore$149k (254%)
Macau$125k (598%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Finland WERE (2021 - 2022):
Hong Kong-$896k (-75.9%)
Netherlands-$172k (-32.3%)
United States-$135k (-28.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Precious Metal Watches were:
In 2022, Finland's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $381k
TOP IMPORT POTENTIALSwitzerland+ $1.01M

Precious Metal Watches’s highest export potential is United States. With an export gap of $381k.   Precious Metal Watches’s highest import potential is Switzerland with an import gap of $1.01M.

See methodology.

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