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Who buys Finland’s medicines? Export destinations 2024

In 2024, Finland exported $2 billion of medicines (9 thousand tonnes), 0.4% of the world total. Its main destinations were the United States (45%), Germany (8%) and China (5%). Finland was the world’s 27th-largest exporter of medicines.

Summary

Value
$2billion
Tonnes
9thousand tonnes
Share of world total
0.4%
World rank
27th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United States890Tonnes: 142USD per tonne: $6,268,10145.5%Air
Germany150Tonnes: 197USD per tonne: $762,2547.7%Air
China105Tonnes: 90USD per tonne: $1,173,5845.4%Air
Japan67.6Tonnes: 37USD per tonne: $1,808,7683.5%Air
France61.9Tonnes: 34USD per tonne: $1,815,1813.2%Air
Netherlands re-exports49.5Tonnes: 224USD per tonne: $220,7892.5%Air
Sweden48.5Tonnes: 276USD per tonne: $175,5472.5%Land
United Kingdom47.4Tonnes: 94USD per tonne: $506,3702.4%Air
Italy34.4Tonnes: 110USD per tonne: $313,7381.8%Air
Australia29.7Tonnes: 25USD per tonne: $1,181,6961.5%Air
Belgium re-exports29Tonnes: 1,256USD per tonne: $23,0721.5%Sea
Canada27.8Tonnes: 23USD per tonne: $1,219,6301.4%Air
Poland27.5Tonnes: 119USD per tonne: $230,4331.4%Air
Brazil26.7Tonnes: 18USD per tonne: $1,496,8641.4%Air
Denmark26.1Tonnes: 130USD per tonne: $201,2061.3%Air
Hungary25.6Tonnes: 5,126USD per tonne: $4,9971.3%Sea
Colombia18.6Tonnes: 8USD per tonne: $2,383,0040.95%Air
Spain18Tonnes: 20USD per tonne: $908,5710.92%Air
Norway17.8Tonnes: 78USD per tonne: $226,1850.91%Land
Mexico15.7Tonnes: 6USD per tonne: $2,646,2140.8%Air

Trend

Who it sells to

The United States has been its main destination since 2019

Value in USD millions. The five largest destinations in 2024.

  • United States 890
  • Germany 150
  • China 105
  • Japan 67.6
  • France 61.9

Source: CEPII BACI

Show the numbers
Partner19952024
United States6.2890
Germany23.1150
China1.4105
Japan10.867.6
France15.261.9

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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