2022
Exports
$34MWorld Rnk 54 / 202
Flag Rnk 272 / 1205
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$141MWorld Rnk 34 / 225
Flag Rnk 127 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $34M in Sauces and Seasonings, making it the 54th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 272nd most exported product in Finland. The main destination of Sauces and Seasonings exports from Finland are: Denmark ($13.4M), Russia ($8.52M), Estonia ($4.23M), Sweden ($3M), and Lithuania ($1.04M).

The fastest growing export markets for Sauces and Seasonings of Finland between 2021 and 2022 were Denmark ($3.46M), Netherlands ($273k), and Belarus ($165k).

Imports In 2022, Finland imported $141M in Sauces and Seasonings, becoming the 34th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 127th most imported product in Finland. Finland imports Sauces and Seasonings primarily from: Sweden ($45.8M), Estonia ($20.6M), Netherlands ($17.4M), Italy ($8.53M), and Germany ($8.11M).

The fastest growing import markets in Sauces and Seasonings for Finland between 2021 and 2022 were Belgium ($1.15M), Latvia ($1.09M), and Romania ($926k).

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 Sauces and Seasonings. 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)$34M
IMPORTS (2022)$141M
NET TRADE (2022)-$107M

In 2022, Finland exported $34M in Sauces and Seasonings. The main destinations of Finland exports on Sauces and Seasonings were Denmark ($13.4M), Russia ($8.52M), Estonia ($4.23M), Sweden ($3M), and Lithuania ($1.04M).

In 2022, Finland imported $141M in Sauces and Seasonings, mainly from Sweden ($45.8M), Estonia ($20.6M), Netherlands ($17.4M), Italy ($8.53M), and Germany ($8.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Denmark$3.46M (34.9%)
Netherlands$273k (48.9%)
Belarus$165k (10.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Finland WERE (2021 - 2022):
Russia-$4.21M (-33.1%)
Estonia-$824k (-16.3%)
Belgium-$322k (-93.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Sauces and Seasonings were:
In 2022, Finland's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $1M
TOP IMPORT POTENTIALItaly+ $2.53M

Sauces and Seasonings’s highest export potential is Sweden. With an export gap of $1M.   Sauces and Seasonings’s highest import potential is Italy with an import gap of $2.53M.

See methodology.

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