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Trade between Belgium and Finland

In 2024, Belgium exported $1.8 billion to Finland and imported $2.2 billion. Belgium ran a deficit of $351 million with Finland, compared with a deficit of $200 million in 2019. Finland was Belgium’s 29th largest trading partner (0.5% of its trade), and Belgium was Finland’s 12th (3%).

Summary

Belgium → Finland
$1.8billion
Finland → Belgium
$2.2billion
Belgium’s balance
-$351million

Balance

Belgium’s trade balance with Finland

Trade between Belgium and Finland grew 85% since 1995

USD billions (current). Belgium’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.8
  • Imports 2.2
  • Balance -0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$901 million$1.3 billion-$360 million
1996$960 million$1 billion-$77 million
1997$871 million$1 billion-$149 million
1998$952 million$1.2 billion-$227 million
1999$849 million$1.2 billion-$312 million
2000$774 million$1.2 billion-$378 million
2001$821 million$1.1 billion-$321 million
2002$857 million$1.3 billion-$414 million
2003$1 billion$1.6 billion-$594 million
2004$1.2 billion$1.8 billion-$552 million
2005$1.3 billion$1.7 billion-$434 million
2006$1.8 billion$2 billion-$214 million
2007$2.1 billion$2.3 billion-$241 million
2008$2.4 billion$2.6 billion-$170 million
2009$1.6 billion$2 billion-$346 million
2010$1.6 billion$1.9 billion-$331 million
2011$2.3 billion$1.9 billion$446 million
2012$1.6 billion$2 billion-$401 million
2013$1.6 billion$2.1 billion-$462 million
2014$1.5 billion$2 billion-$528 million
2015$1.3 billion$1.5 billion-$239 million
2016$1.3 billion$1.6 billion-$333 million
2017$1.3 billion$1.9 billion-$581 million
2018$1.4 billion$2 billion-$532 million
2019$1.5 billion$1.7 billion-$200 million
2020$1.3 billion$1.6 billion-$322 million
2021$1.6 billion$2.3 billion-$670 million
2022$1.7 billion$2.4 billion-$652 million
2023$2 billion$2.1 billion-$81 million
2024$1.8 billion$2.2 billion-$351 million

What they sell each other

What Belgium sells to Finland

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$219 million · 12%
    186 thousand tonnes · Belgium’s destinations
  2. Refined copper$216 million · 11.9%
    14 thousand tonnes
  3. Cars$134 million · 7.4%
    5 thousand tonnes · Belgium’s destinations
  4. Electric motors and generators$68 million · 3.8%
    6 thousand tonnes
  5. Polyethylene$52 million · 2.9%
    34 thousand tonnes · Belgium’s destinations
  6. Cyclic hydrocarbons$30 million · 1.6%
    31 thousand tonnes
  7. Auto parts$29 million · 1.6%
    2 thousand tonnes · Belgium’s destinations
  8. Medicines in measured doses or retail packs$29 million · 1.6%
    160 tonnes · Belgium’s destinations
  9. Vaccines, blood and antisera$28 million · 1.5%
    18 tonnes · Belgium’s destinations
  10. Bread, biscuits and pastries$27 million · 1.5%
    7 thousand tonnes

What Finland sells to Belgium

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$394 million · 18.2%
    518 thousand tonnes · Finland’s destinations
  2. Coal tar oils$221 million · 10.2%
    218 thousand tonnes
  3. Coated paper$173 million · 8%
    188 thousand tonnes
  4. Phenols$85 million · 3.9%
    61 thousand tonnes
  5. Batteries$83 million · 3.8%
    927 tonnes · Belgium’s sources
  6. Chemical wood pulp$57 million · 2.6%
    67 thousand tonnes · Finland’s destinations
  7. Cobalt oxides$56 million · 2.6%
    3 thousand tonnes
  8. Open-chain hydrocarbons$51 million · 2.3%
    65 thousand tonnes
  9. Writing and printing paper$46 million · 2.1%
    38 thousand tonnes
  10. Gauze, bandages and dressings$38 million · 1.8%
    939 tonnes

How it travels

Estimated sea route from Antwerp to Helsinki.

The estimated sea route between Antwerp and Helsinki is 1,269 nautical miles (2,350 km) long: ≈ 3–4 days at sea (at 18 and 14 knots).

Passages it crosses: Øresund.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$3.6 billion · 89.5%
  2. Air$421 million · 10.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Finland was Belgium’s 29th largest trading partner (0.5% of its trade), and Belgium was Finland’s 12th (3%).

Finland in Belgium’s trade
0.5%
Finland’s rank among Belgium’s partners
29th
Belgium in Finland’s trade
2.6%
Belgium’s rank among Finland’s partners
12th

Compare with

Other partners of Belgium

Other partners of Finland

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

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