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Finland trade in 2024

In 2024, Finland exported $79.2 billion and imported $76.5 billion, a trade surplus of $2.7 billion. It was the world's 46th-largest exporter, with 0.35% of world exports. Its top export was refined petroleum (6.2% of the total) and its main trading partner was Germany (12.7% of its trade).

Summary

Exports
$79.2billion
Imports
$76.5billion
Trade balance
+$2.7billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Refined petroleum (6.2%) and coated paper (4.6%) together make up 10.8% of its exports.

  1. Refined petroleum$4.9 billion · 6.2%
    Main partner: Sweden
  2. Coated paper$3.6 billion · 4.6%
    Main partner: Germany
  3. Chemical wood pulp$2.9 billion · 3.7%
    Main partner: China
  4. Stainless steel sheet$2.6 billion · 3.3%
    Main partner: Germany
  5. Sawn wood$2.1 billion · 2.7%
    Main partner: Egypt
  6. Medicines in measured doses or retail packs$2 billion · 2.5%
    Main partner: United States
  7. Transformers and power supplies$1.7 billion · 2.1%
    Main partner: Germany
  8. Cars$1.6 billion · 2.1%
    Main partner: Germany
  9. Gold$1.2 billion · 1.5%
    Main partner: Switzerland
  10. Cargo and cruise ships$1.2 billion · 1.5%
    Main partner: Germany

What it imports

Crude petroleum (6.9%) and cars (4.9%) together make up 11.8% of its imports.

  1. Crude petroleum$5.3 billion · 6.9%
    Main partner: Norway
  2. Cars$3.7 billion · 4.9%
    Main partner: Germany
  3. Refined petroleum$3 billion · 4%
    Main partner: Sweden
  4. Medicines in measured doses or retail packs$1.7 billion · 2.3%
    Main partner: Germany
  5. Cameras and broadcast equipment$1.6 billion · 2.1%
    Main partner: China
  6. Computers$1.5 billion · 2%
    Main partner: China
  7. Batteries$1.4 billion · 1.8%
    Main partner: China
  8. Auto parts$1.3 billion · 1.7%
    Main partner: Germany
  9. Natural gas and LPG$1.2 billion · 1.6%
    Main partner: Norway
  10. Ferrous scrap$1.1 billion · 1.4%
    Main partner: Germany
By Harmonized System chapter (96)
ChapterExportsImports
84 · Mechanical machinery$11.5 billion$10.4 billion
85 · Electrical and electronic equipment$7.7 billion$9.1 billion
48 · Paper and paperboard$7.5 billion$707 million
27 · Oil, gas and coal$6.3 billion$10.6 billion
72 · Iron and steel$5.1 billion$2.3 billion
87 · Vehicles$4.2 billion$6.8 billion
44 · Wood$3.5 billion$847 million
47 · Wood pulp$3.2 billion$231 million
30 · Pharmaceuticals$3.2 billion$2.5 billion
90 · Precision and medical instruments$2.8 billion$2.3 billion
39 · Plastics$2.6 billion$2.7 billion
74 · Copper$2.1 billion$1.4 billion
75 · Nickel$1.6 billion$747 million
89 · Ships and boats$1.6 billion$220 million
71 · Gems and precious metals$1.4 billion$167 million
73 · Iron and steel products$1.4 billion$2.2 billion
26 · Ores and slag$1.2 billion$2.8 billion
29 · Organic chemicals$1 billion$1.1 billion
28 · Inorganic chemicals$928 million$654 million
31 · Fertilizers$751 million$105 million
79 · Zinc$745 million$9 million
40 · Rubber$668 million$779 million
35 · Glues, starches and enzymes$622 million$192 million
04 · Dairy, eggs and honey$561 million$454 million
94 · Furniture and lighting$536 million$1.1 billion
38 · Miscellaneous chemicals$517 million$635 million
76 · Aluminum$487 million$688 million
43 · Fur and fur goods$351 million$225 million
15 · Fats and oils$316 million$463 million
68 · Stone, plaster and cement articles$315 million$261 million
22 · Beverages and spirits$279 million$734 million
70 · Glass$269 million$320 million
83 · Miscellaneous metal goods$227 million$276 million
32 · Dyes, paints and tanning agents$224 million$320 million
03 · Fish and seafood$180 million$449 million
82 · Tools and cutlery$170 million$325 million
02 · Meat and offal$159 million$237 million
10 · Cereals$150 million$66 million
25 · Salt, stone and cement$147 million$357 million
21 · Food preparations$145 million$613 million
23 · Animal feed and food waste$133 million$453 million
62 · Woven clothing$132 million$670 million
33 · Perfumes and cosmetics$130 million$516 million
81 · Other base metals$130 million$120 million
93 · Weapons and ammunition$130 million$121 million
95 · Toys and sports gear$130 million$426 million
19 · Baked goods and cereal products$127 million$671 million
17 · Sugar and sweets$125 million$292 million
64 · Footwear$121 million$377 million
18 · Cocoa and chocolate$119 million$315 million
56 · Felt, nonwovens and rope$115 million$114 million
59 · Coated and technical textiles$109 million$112 million
11 · Milling products and malt$85 million$52 million
88 · Aircraft and spacecraft$83 million$789 million
61 · Knitted clothing$69 million$687 million
86 · Railway equipment$69 million$185 million
34 · Soap and cleaning products$68 million$372 million
63 · Home textiles and used clothing$65 million$234 million
69 · Ceramics$64 million$187 million
49 · Books and printed matter$50 million$107 million
36 · Explosives and matches$50 million$44 million
09 · Coffee, tea and spices$45 million$387 million
16 · Prepared meat and fish$37 million$296 million
42 · Leather goods and bags$36 million$206 million
07 · Vegetables$36 million$305 million
08 · Fruit and nuts$31 million$512 million
20 · Preserved fruit and vegetables$24 million$435 million
96 · Other manufactured goods$22 million$111 million
41 · Hides and leather$21 million$20 million
06 · Live plants and flowers$21 million$177 million
57 · Carpets and rugs$14 million$71 million
60 · Knitted fabric$14 million$19 million
05 · Other animal products$12 million$26 million
37 · Photographic goods$12 million$21 million
91 · Watches and clocks$11 million$68 million
58 · Special fabrics and lace$10 million$15 million
65 · Hats$9 million$86 million
97 · Art and antiques$7 million$6 million
78 · Lead$6 million$82 million
54 · Synthetic filaments$6 million$60 million
52 · Cotton$6 million$18 million
55 · Synthetic staple fibers$5 million$58 million
12 · Oilseeds and grains$5 million$142 million
24 · Tobacco$4 million$100 million
01 · Live animals$4 million$18 million
51 · Wool$3 million$37 million
13 · Gums and plant extracts$3 million$19 million
92 · Musical instruments$3 million$26 million
53 · Other plant fibers$2 million$5 million
80 · Tin$2 million$5 million
66 · Umbrellas and canes$792 thousand$7 million
46 · Wicker and basketware$599 thousand$6 million
45 · Cork$558 thousand$3 million
67 · Feathers and artificial flowers$548 thousand$14 million
14 · Other plant products$217 thousand$2 million
50 · Silk$19 thousand$352 thousand

Trading partners

Germany is its main destination (11.5% of exports) and source (14% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Germany9.111.5%Sea
Sweden8.310.4%Land
United States7.79.7%Sea
Netherlands5.26.5%Sea
China4.25.3%Sea
United Kingdom33.8%Sea
France2.93.6%Sea
Poland2.53.2%Sea
Norway2.43%Land
Italy2.22.8%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
Germany10.714%Sea
Sweden8.711.4%Land
China7.69.9%Sea
Norway5.87.6%Land
Netherlands4.35.6%Sea
United States3.85%Sea
Poland2.93.8%Sea
France2.53.3%Sea
Estonia2.53.2%Sea
Italy2.33%Sea

Overview 1995–2024

In 2024, Finland accounted for 0.35% of world exports, compared with 0.8% in 1995.

Exports and imports

Exports doubled since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 79.2
  • Imports 76.5
  • Balance +2.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$40.3 billion$29.5 billion$10.8 billion
1996$41.5 billion$31.9 billion$9.7 billion
1997$42 billion$31.7 billion$10.3 billion
1998$43.2 billion$32.8 billion$10.4 billion
1999$42.3 billion$32.1 billion$10.1 billion
2000$46.5 billion$34.3 billion$12.2 billion
2001$45.7 billion$33.9 billion$11.9 billion
2002$46.7 billion$34.2 billion$12.5 billion
2003$54.5 billion$42.1 billion$12.4 billion
2004$63.8 billion$51.1 billion$12.7 billion
2005$69.6 billion$59.1 billion$10.5 billion
2006$82.4 billion$69.8 billion$12.5 billion
2007$92.3 billion$80.6 billion$11.8 billion
2008$101.8 billion$91.7 billion$10 billion
2009$68.2 billion$58.3 billion$9.8 billion
2010$74.5 billion$68 billion$6.5 billion
2011$83.6 billion$81.8 billion$1.7 billion
2012$77.2 billion$74.3 billion$3 billion
2013$78.8 billion$75.5 billion$3.3 billion
2014$78.3 billion$73.4 billion$4.8 billion
2015$65 billion$56.7 billion$8.3 billion
2016$63.1 billion$57.6 billion$5.5 billion
2017$72.8 billion$67.2 billion$5.6 billion
2018$79.2 billion$74.2 billion$5 billion
2019$76 billion$70.3 billion$5.7 billion
2020$70 billion$64.8 billion$5.2 billion
2021$84.8 billion$81 billion$3.8 billion
2022$91.3 billion$94.8 billion-$3.5 billion
2023$85.5 billion$81.5 billion$4 billion
2024$79.2 billion$76.5 billion$2.7 billion

World rank

Finland fell from 30th to 46th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 30th in 1995
  • 46th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199530th
199631st
199730th
199831st
199931st
200031st
200131st
200231st
200332nd
200433rd
200536th
200635th
200735th
200836th
200937th
201041st
201145th
201247th
201345th
201443rd
201543rd
201641st
201742nd
201844th
201943rd
202042nd
202144th
202247th
202346th
202446th

What it sells

Mechanical machinery became its top export group: from 14% to 15%

% of exports by Harmonized System chapter.

  • Other 38%
  • Wood pulp 4%
  • Wood 4%
  • Vehicles 5%
  • Iron and steel 6%
  • Oil, gas and coal 8%
  • Paper and paperboard 9%
  • Electrical and electronic equipment 10%
  • Mechanical machinery 15%

Source: CEPII BACI

Show the numbers
Chapter19952024
Mechanical machinery14.5%14.6%
Electrical and electronic equipment13.2%9.7%
Paper and paperboard25.4%9.5%
Oil, gas and coal1.8%7.9%
Iron and steel5.3%6.5%
Vehicles2.9%5.3%
Wood7%4.4%
Wood pulp2.5%4%
Other27.6%38.3%

Who it trades with

China went from 2% to 8% of Finland's trade

% of total trade (exports + imports) with each partner.

  • Germany 13%
  • Sweden 11%
  • China 8%
  • United States 7%
  • Netherlands 6%

Source: CEPII BACI

Show the numbers
Partner19952024
Germany13.8%12.7%
Sweden10.7%10.9%
China1.6%7.6%
United States6.8%7.4%
Netherlands4.2%6%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • SSAB Raahe steel plantSteel · 4.5 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Helsinki$118.4 billion (PPP, 2021 dollars)
  • Hämeenlinna$27.5 billion (PPP, 2021 dollars)
  • Turku$21.6 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

Main partners

See all countries