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How dependent is Sweden on Finland?

In 2024, Finland sold $8.3 billion to Sweden, 4.7% of its imports, ranking 7th among its suppliers. Its share was 4.9% in 2019 and 6.3% in 1995. In 19 products it sells more than 50% of what Sweden buys of them (in 9, more than 75%); what Sweden buys from Finland in those products (dominated value) adds up to $1.2 billion, 0.69% of its imports.

Summary

Share of its imports
4.7%
Value imported
$8.3billion
Rank among its suppliers
7th
Products where it sells over 50%
19
Products where it sells over 75%
9
Dominated value
$1.2billion
Share of total imports
0.7%

Trend

Trend in shares

Finland went from 6.3% to 4.7% of what Sweden buys

Share (%)

  • Finland 4.7%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19953,9686.3%6
19964,1296.3%6
19973,7085.8%8
19983,6385.5%8
19993,5195.5%8
20003,8915.5%8
20013,4125.4%7
20023,5395.2%7
20034,9425.9%6
20046,4836.5%6
20056,6436%6
20067,3755.8%6
20079,2336.1%5
20089,3655.8%6
20095,8915%6
20107,5195.3%6
20118,8935.4%6
20127,8444.9%8
20138,4905.6%6
20147,7895.1%7
20155,7744.4%8
20165,9324.4%8
20176,7344.6%8
20187,5364.7%7
20197,2514.9%6
20206,3864.6%8
20217,6544.4%8
20228,6064.6%7
20238,2664.6%7
20248,2564.7%7

Products where Finland sells more than half

ProductSupplierShareSecondValue
Slag and ash with metalsFinland65.3%Germany · 12.1%$424 million
Poultry, beekeeping and forestry machineryFinland55.6%Germany · 11.8%$136 million
Unrefined copperFinland100%over 75%United Kingdom · 0.03%$105 million
Mixed fertilizersFinland65.6%Morocco · 7.8%$94 million
Semi-chemical wood pulpFinland95%over 75%Netherlands · 3.7%$82 million
SilverFinland72.7%Switzerland · 12.6%$81 million
Precious metal oreFinland92.3%over 75%Peru · 5.6%$71 million
Coated paperFinland63.9%Germany · 15.8%$66 million
Kraft paper and paperboardFinland58.3%Poland · 9.9%$46 million
Lead oreFinland100%over 75%Netherlands · 0%$32 million
Chlorates and perchloratesFinland82.9%over 75%France · 14.2%$18 million
Multilayer paper and paperboardFinland83.5%over 75%Norway · 6.5%$13 million
Hydrogen peroxideFinland69.6%Norway · 18.5%$11 million
Sulfite wood pulpFinland85.8%over 75%Germany · 7.8%$9 million
Vermouth and flavored wineFinland64%Italy · 18.7%$7 million
Steatite and talcFinland51.1%Netherlands · 23.6%$6 million
Propellant powdersFinland74.5%United States · 20.3%$6 million
Sulfuric acidFinland81.5%over 75%Germany · 7.4%$4 million
Bones and horn-cores, unworkedFinland77.3%over 75%Netherlands · 16.6%$1 million

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 Finland

Sweden is Finland’s 2nd-largest customer, with 10.4% 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.