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Trade between Finland and Italy

In 2024, Finland exported $2.2 billion to Italy and imported $2.3 billion. Finland ran a deficit of $37 million with Italy, compared with a surplus of $897 million in 2019. Italy was Finland’s 11th largest trading partner (3% of its trade), and Finland was Italy’s 51st (0.4%).

Summary

Finland → Italy
$2.2billion
Italy → Finland
$2.3billion
Finland’s balance
-$37million

Balance

Finland’s trade balance with Italy

Trade between Finland and Italy grew 91% since 1995

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

  • Exports 2.2
  • Imports 2.3
  • Balance -0

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.2 billion$1.2 billion$12 million
1996$1.1 billion$1.3 billion-$205 million
1997$1.2 billion$1.3 billion-$58 million
1998$1.6 billion$1.3 billion$248 million
1999$1.7 billion$1.2 billion$527 million
2000$2.1 billion$1.1 billion$998 million
2001$1.6 billion$1.2 billion$389 million
2002$1.6 billion$1.4 billion$189 million
2003$2.1 billion$1.5 billion$531 million
2004$1.9 billion$2 billion-$114 million
2005$2.2 billion$2.1 billion$68 million
2006$2.6 billion$2.3 billion$328 million
2007$2.7 billion$2.8 billion-$134 million
2008$3.3 billion$2.6 billion$690 million
2009$2.1 billion$1.6 billion$427 million
2010$1.9 billion$1.9 billion-$45 million
2011$1.9 billion$2 billion-$101 million
2012$1.9 billion$2 billion-$71 million
2013$1.8 billion$2 billion-$154 million
2014$1.9 billion$1.8 billion$45 million
2015$1.5 billion$1.5 billion-$24 million
2016$1.5 billion$1.7 billion-$138 million
2017$1.7 billion$1.7 billion-$30 million
2018$1.9 billion$1.9 billion-$49 million
2019$2.8 billion$1.9 billion$897 million
2020$1.7 billion$1.8 billion-$87 million
2021$3.5 billion$2.2 billion$1.3 billion
2022$2.7 billion$2.5 billion$250 million
2023$2.8 billion$2.4 billion$328 million
2024$2.2 billion$2.3 billion-$37 million

What they sell each other

What Finland sells to Italy

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

  1. Stainless steel sheet$277 million · 12.5%
    100 thousand tonnes
  2. Refined copper$181 million · 8.2%
    20 thousand tonnes · Italy’s sources
  3. Coated paper$126 million · 5.7%
    115 thousand tonnes
  4. Kraft paper and paperboard$88 million · 4%
    104 thousand tonnes
  5. Treated paper and cellulose wadding$73 million · 3.3%
    41 thousand tonnes
  6. Chemical wood pulp$73 million · 3.3%
    121 thousand tonnes · Finland’s destinations
  7. Electric motors and generators$72 million · 3.2%
    4 thousand tonnes
  8. Refined petroleum$67 million · 3%
    38 thousand tonnes · Finland’s destinations
  9. Sawn wood$61 million · 2.8%
    90 thousand tonnes · Finland’s destinations
  10. Transformers and power supplies$56 million · 2.5%
    1 thousand tonnes

What Italy sells to Finland

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

  1. Auto parts$93 million · 4.1%
    8 thousand tonnes · Italy’s destinations
  2. Transformers and power supplies$78 million · 3.5%
    5 thousand tonnes
  3. Medicines in measured doses or retail packs$59 million · 2.6%
    543 tonnes · Italy’s destinations
  4. Valves and taps$56 million · 2.5%
    2 thousand tonnes
  5. Wine$56 million · 2.5%
    12 thousand tonnes · Italy’s destinations
  6. Transmission shafts, gears and gearboxes$50 million · 2.2%
    5 thousand tonnes
  7. Parts for cranes and excavators$49 million · 2.2%
    6 thousand tonnes
  8. Refrigerators, freezers and heat pumps$37 million · 1.6%
    3 thousand tonnes · Italy’s destinations
  9. Engine parts$36 million · 1.6%
    5 thousand tonnes
  10. Pasta$35 million · 1.6%
    16 thousand tonnes

How it travels

Estimated sea route from Helsinki to Genoa.

The estimated sea route between Helsinki and Genoa is 3,467 nautical miles (6,421 km) long: ≈ 8–10.5 days at sea (at 18 and 14 knots).

Passages it crosses: Øresund, Strait of Dover and Strait of Gibraltar.

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$3.8 billion · 85.2%
  2. Air$663 million · 14.8%

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

How much each matters to the other

Italy was Finland’s 11th largest trading partner (3% of its trade), and Finland was Italy’s 51st (0.4%).

Italy in Finland’s trade
2.9%
Italy’s rank among Finland’s partners
11th
Finland in Italy’s trade
0.4%
Finland’s rank among Italy’s partners
51st

Compare with

Other partners of Finland

Other partners of Italy

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.