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Who buys Finland’s steel? Export destinations 2024

In 2024, Finland exported $4.5 billion of steel (2.5 million tonnes), 1.3% of the world total. Its main destinations were Germany (24%), the Netherlands (15%) and Sweden (14%). Finland was the world’s 22nd-largest exporter of steel.

Summary

Value
$4.5billion
Tonnes
2.5million tonnes
Share of world total
1.3%
World rank
22nd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Germany1.1Tonnes: 457,500USD per tonne: $2,37924.3%Sea
Netherlands re-exports0.67Tonnes: 386,463USD per tonne: $1,72314.9%Sea
Sweden0.62Tonnes: 473,305USD per tonne: $1,30513.8%Sea
Italy0.39Tonnes: 214,859USD per tonne: $1,7998.6%Sea
Poland0.29Tonnes: 163,240USD per tonne: $1,8046.6%Sea
Denmark0.17Tonnes: 128,459USD per tonne: $1,3053.8%Sea
United Kingdom0.15Tonnes: 78,497USD per tonne: $1,9463.4%Sea
France0.1Tonnes: 42,077USD per tonne: $2,3382.2%Sea
Spain0.1Tonnes: 75,509USD per tonne: $1,2382.2%Sea
Czechia0.08Tonnes: 34,343USD per tonne: $2,4651.9%Sea
Norway0.08Tonnes: 50,864USD per tonne: $1,6461.9%Land
Estonia0.07Tonnes: 55,083USD per tonne: $1,2871.6%Sea
Romania0.07Tonnes: 35,340USD per tonne: $2,0041.6%Sea
Turkey0.06Tonnes: 24,840USD per tonne: $2,2651.3%Sea
Mexico0.05Tonnes: 30,510USD per tonne: $1,6071.1%Sea
Switzerland0.04Tonnes: 12,966USD per tonne: $3,1580.92%Sea
United States0.04Tonnes: 24,908USD per tonne: $1,5660.87%Sea
Lithuania0.03Tonnes: 33,888USD per tonne: $9990.76%Sea
China0.03Tonnes: 8,815USD per tonne: $3,2670.64%Sea
Belgium re-exports0.03Tonnes: 21,359USD per tonne: $1,2800.61%Sea

Trend

Who it sells to

Germany has been its main destination since 2022

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

  • Germany 1.1
  • Netherlands 0.67
  • Sweden 0.62
  • Italy 0.39
  • Poland 0.29

Source: CEPII BACI

Show the numbers
Partner19952024
Germany0.251.1
Netherlands0.370.67
Sweden0.250.62
Italy0.090.39
Poland0.060.29

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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