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Trade between Canada and Finland

In 2024, Canada exported $678 million to Finland and imported $1.1 billion. Canada ran a deficit of $460 million with Finland, compared with a deficit of $110 million in 2019. Finland was Canada’s 39th largest trading partner (0.2% of its trade), and Canada was Finland’s 18th (1%).

Summary

Canada → Finland
$678million
Finland → Canada
$1.1billion
Canada’s balance
-$460million

Balance

Canada’s trade balance with Finland

Trade between Canada and Finland grew 3.3-fold since 1995

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

  • Exports 0.7
  • Imports 1.1
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$202 million$343 million-$141 million
1996$196 million$318 million-$122 million
1997$207 million$475 million-$268 million
1998$154 million$408 million-$253 million
1999$181 million$423 million-$242 million
2000$152 million$442 million-$290 million
2001$181 million$441 million-$260 million
2002$147 million$464 million-$317 million
2003$169 million$690 million-$521 million
2004$211 million$742 million-$531 million
2005$308 million$972 million-$664 million
2006$411 million$955 million-$544 million
2007$808 million$935 million-$127 million
2008$986 million$794 million$193 million
2009$399 million$777 million-$379 million
2010$456 million$980 million-$524 million
2011$726 million$1.7 billion-$926 million
2012$447 million$999 million-$552 million
2013$322 million$1.2 billion-$887 million
2014$483 million$1.2 billion-$736 million
2015$569 million$732 million-$163 million
2016$580 million$617 million-$37 million
2017$511 million$851 million-$340 million
2018$683 million$964 million-$281 million
2019$675 million$784 million-$110 million
2020$592 million$733 million-$141 million
2021$586 million$1.1 billion-$519 million
2022$735 million$1.3 billion-$525 million
2023$461 million$1.3 billion-$885 million
2024$678 million$1.1 billion-$460 million

What they sell each other

What Canada sells to Finland

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

  1. Copper ore$208 million · 30.7%
    66 thousand tonnes · Canada’s destinations
  2. Nickel ore$102 million · 15%
    63 thousand tonnes
  3. Coal$79 million · 11.7%
    388 thousand tonnes · Canada’s destinations
  4. Refined petroleum$67 million · 9.8%
    91 thousand tonnes · Canada’s destinations
  5. Auto parts$31 million · 4.6%
    2 thousand tonnes · Canada’s destinations
  6. Unwrought nickel$16 million · 2.4%
    900 tonnes
  7. 15 tonnes · Canada’s destinations
  8. Zinc ore$12 million · 1.8%
    9 thousand tonnes
  9. Turbojets and gas turbines$8 million · 1.3%
    5 tonnes · Canada’s destinations
  10. 3 tonnes

What Finland sells to Canada

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

  1. Nickel matte$77 million · 6.8%
    10 thousand tonnes
  2. Nickel ore$77 million · 6.7%
    9 thousand tonnes
  3. 4 thousand tonnes
  4. New tires$61 million · 5.4%
    11 thousand tonnes · Canada’s sources
  5. Trucks$47 million · 4.1%
    4 thousand tonnes · Canada’s sources
  6. Other industrial machines$38 million · 3.4%
    2 thousand tonnes
  7. 2 thousand tonnes
  8. Other pharmaceutical goods$35 million · 3.1%
    26 tonnes
  9. 1 thousand tonnes
  10. 599 tonnes

How it travels

Estimated sea route from Vancouver to Helsinki.

The estimated sea route between Vancouver and Helsinki is 9,944 nautical miles (18,416 km) long: ≈ 23–29.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal and 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$1.4 billion · 76.8%
  2. Air$422 million · 23.2%

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

How much each matters to the other

Finland was Canada’s 39th largest trading partner (0.2% of its trade), and Canada was Finland’s 18th (1%).

Finland in Canada’s trade
0.2%
Finland’s rank among Canada’s partners
39th
Canada in Finland’s trade
1.2%
Canada’s rank among Finland’s partners
18th

Compare with

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.