2022
Exports
$44.9MWorld Rnk 39 / 200
Flag Rnk 240 / 1205
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$75.1MWorld Rnk 44 / 220
Flag Rnk 228 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $44.9M in Navigation Equipment, making it the 39th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 240th most exported product in Finland. The main destination of Navigation Equipment exports from Finland are: Ethiopia ($6.02M), United Kingdom ($4.03M), Croatia ($3.16M), United States ($3.01M), and Germany ($1.89M).

The fastest growing export markets for Navigation Equipment of Finland between 2021 and 2022 were Ethiopia ($6.02M), Croatia ($3.16M), and United Kingdom ($2.14M).

Imports In 2022, Finland imported $75.1M in Navigation Equipment, becoming the 44th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 228th most imported product in Finland. Finland imports Navigation Equipment primarily from: Germany ($19.4M), Sweden ($7.78M), Hungary ($6.59M), Denmark ($6.36M), and China ($6.11M).

The fastest growing import markets in Navigation Equipment for Finland between 2021 and 2022 were China ($2.88M), United States ($2.48M), and Israel ($1.26M).

Latest Trends

Mar 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 Navigation Equipment. 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)$44.9M
IMPORTS (2022)$75.1M
NET TRADE (2022)-$30.2M

In 2022, Finland exported $44.9M in Navigation Equipment. The main destinations of Finland exports on Navigation Equipment were Ethiopia ($6.02M), United Kingdom ($4.03M), Croatia ($3.16M), United States ($3.01M), and Germany ($1.89M).

In 2022, Finland imported $75.1M in Navigation Equipment, mainly from Germany ($19.4M), Sweden ($7.78M), Hungary ($6.59M), Denmark ($6.36M), and China ($6.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Ethiopia$6.02M (479k%)
Croatia$3.16M (47.5k%)
United Kingdom$2.14M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Finland WERE (2021 - 2022):
South Korea-$2.78M (-79.2%)
Peru-$2.05M (-96%)
Egypt-$1.5M (-97.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Navigation Equipment by Exporters

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