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How dependent is Finland on China?

In 2024, China sold $7.6 billion to Finland, 9.9% of its imports, ranking 3rd among its suppliers. Its share was 7.5% in 2019 and 1.4% in 1995. In 38 products it sells more than 50% of what Finland buys of them (in 7, more than 75%); what Finland buys from China in those products (dominated value) adds up to $2.3 billion, 3% of its imports.

Summary

Share of its imports
9.9%
Share of its imports from outside the EU
24.3%
Value imported
$7.6billion
Rank among its suppliers
3rd
Products where it sells over 50%
38
Products where it sells over 75%
7
Dominated value
$2.3billion
Share of total imports
3%

Trend

Trend in shares

China went from 1.4% to 9.9% of what Finland buys

Share (%)

  • China 9.9%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19954041.4%15
19964641.5%14
19975621.8%13
19986231.9%13
19997442.3%13
20001,0643.1%12
20011,0793.2%12
20021,2343.6%11
20031,8604.4%7
20042,5875.1%4
20053,2045.4%4
20065,2917.6%4
20076,2217.7%4
20086,5917.2%4
20094,8838.4%4
20105,1267.5%4
20113,3464.1%5
20126,0118.1%4
20134,7206.3%4
20145,0106.8%4
20154,0907.2%4
20164,2377.4%4
20175,0657.5%4
20185,4337.3%4
20195,2887.5%4
20206,0959.4%4
20217,6619.5%4
20228,9799.5%3
20237,5259.2%3
20247,5839.9%3

Products where China sells more than half

ProductSupplierShareSecondValue
BatteriesChina71.3%South Korea · 9.3%$978 million
Cameras and broadcast equipmentChina50%Vietnam · 10.8%$783 million
Microphones and speakersChina62%Germany · 7.1%$132 million
Garments of coated or nonwoven fabricChina59.6%Sweden · 7.5%$63 million
Video game consoles and gamesChina63.3%Denmark · 9.5%$57 million
Phones and telecom equipmentChina57.2%Germany · 6.2%$49 million
Nucleic acids and other heterocyclesChina70.2%India · 8.9%$34 million
Knitted glovesChina57.4%Sri Lanka · 11.1%$18 million
Knitted and felt hatsChina56.1%Sweden · 10.7%$17 million
Gallium, germanium, chromium and other metalsChina73.4%United States · 16.1%$16 million
Non-electric stoves, cookers and barbecuesChina53.8%South Korea · 7.3%$15 million
Flashlights and portable lampsChina80.9%over 75%Germany · 4.7%$14 million
Festive and Christmas articlesChina75.9%over 75%Sweden · 4.1%$13 million
Artificial waxesChina60.2%United States · 10.6%$13 million
Sound players and recordersChina68.4%Sweden · 6.1%$11 million
Tarpaulins, awnings and tentsChina51.7%Germany · 8.5%$11 million
Gloves (not knitted)China66.9%Sweden · 9.7%$9 million
Curtains and interior blindsChina55.3%Turkey · 8.2%$8 million
Vacuum flasks (thermoses)China80%over 75%Germany · 6.3%$5 million
Coated or rubberized knitted garmentsChina63.6%Vietnam · 11.9%$5 million
CermetsChina81.6%over 75%Germany · 11.9%$4 million
Wooden tableware and kitchenwareChina55.3%Sweden · 9.4%$4 million
Artificial flowers and foliageChina81%over 75%Netherlands · 5.9%$4 million
Fireworks and flaresChina58.3%Denmark · 10.2%$4 million
Umbrellas and parasolsChina70.2%Poland · 7.8%$4 million
Stone setts, curbs and flagstonesChina70.8%Denmark · 23%$4 million
Combs and hair accessoriesChina75.2%over 75%Sweden · 7.2%$4 million
Hydrazine and hydroxylamine derivativesChina60.3%India · 32.1%$3 million
ManganeseChina60.9%Netherlands · 34.1%$3 million
Other leather articlesChina62.4%Sweden · 9.8%$3 million

and 8 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Finland is China’s 62nd-largest customer, with 0.21% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.