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Trade between Finland and Spain

In 2024, Finland exported $1.3 billion to Spain and imported $1.8 billion. Finland ran a deficit of $464 million with Spain, compared with a surplus of $322 million in 2019. Spain was Finland’s 14th largest trading partner (2% of its trade), and Finland was Spain’s 41st (0.4%).

Summary

Finland → Spain
$1.3billion
Spain → Finland
$1.8billion
Finland’s balance
-$464million

Balance

Finland’s trade balance with Spain

Trade between Finland and Spain grew 2.2-fold since 1995

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

  • Exports 1.3
  • Imports 1.8
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$992 million$449 million$543 million
1996$959 million$437 million$523 million
1997$957 million$503 million$454 million
1998$1.1 billion$561 million$540 million
1999$1.1 billion$531 million$617 million
2000$1.3 billion$531 million$752 million
2001$1.1 billion$661 million$482 million
2002$1.2 billion$508 million$690 million
2003$1.6 billion$680 million$904 million
2004$1.7 billion$810 million$869 million
2005$1.7 billion$867 million$869 million
2006$2.1 billion$977 million$1.1 billion
2007$2.7 billion$1.2 billion$1.5 billion
2008$3 billion$1.2 billion$1.8 billion
2009$1.5 billion$745 million$768 million
2010$1.5 billion$857 million$649 million
2011$1.5 billion$928 million$535 million
2012$1.1 billion$923 million$226 million
2013$1.1 billion$1 billion$122 million
2014$1.3 billion$1.1 billion$144 million
2015$1.2 billion$1.2 billion-$55 million
2016$1.3 billion$1.3 billion-$47 million
2017$1.2 billion$1.3 billion-$53 million
2018$1.4 billion$1.3 billion$75 million
2019$1.5 billion$1.2 billion$322 million
2020$1.3 billion$1.4 billion-$92 million
2021$1.4 billion$1.7 billion-$338 million
2022$1.5 billion$1.8 billion-$274 million
2023$1.5 billion$1.6 billion-$136 million
2024$1.3 billion$1.8 billion-$464 million

What they sell each other

What Finland sells to Spain

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

  1. Coated paper$157 million · 11.7%
    141 thousand tonnes
  2. Kraft paper and paperboard$61 million · 4.6%
    75 thousand tonnes
  3. Chemical wood pulp$53 million · 3.9%
    66 thousand tonnes · Finland’s destinations
  4. Transformers and power supplies$46 million · 3.4%
    1 thousand tonnes
  5. Cars$42 million · 3.1%
    2 thousand tonnes · Finland’s destinations
  6. Uncoated paper$42 million · 3.1%
    70 thousand tonnes
  7. Tractors$40 million · 3%
    3 thousand tonnes · Spain’s sources
  8. Treated paper and cellulose wadding$32 million · 2.4%
    17 thousand tonnes
  9. Other industrial machines$30 million · 2.2%
    1 thousand tonnes
  10. Alloy steel sheet$24 million · 1.8%
    24 thousand tonnes

What Spain sells to Finland

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

  1. Cars$131 million · 7.3%
    8 thousand tonnes · Spain’s destinations
  2. Zinc ore$98 million · 5.4%
    96 thousand tonnes
  3. Steel structures$88 million · 4.9%
    38 thousand tonnes
  4. Copper ore$74 million · 4.1%
    34 thousand tonnes
  5. Other engines and motors$71 million · 4%
    12 thousand tonnes
  6. Generating sets$69 million · 3.8%
    9 thousand tonnes
  7. Diesel and other locomotives$63 million · 3.5%
    2 thousand tonnes
  8. Medicines in measured doses or retail packs$62 million · 3.5%
    2 thousand tonnes · Spain’s destinations
  9. Citrus fruit$46 million · 2.6%
    35 thousand tonnes · Spain’s destinations
  10. Trucks$42 million · 2.4%
    3 thousand tonnes · Spain’s destinations

How it travels

Estimated sea route from Helsinki to Valencia.

The estimated sea route between Helsinki and Valencia is 2,980 nautical miles (5,518 km) long: ≈ 7–9 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$2.8 billion · 89%
  2. Air$347 million · 11%

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

How much each matters to the other

Spain was Finland’s 14th largest trading partner (2% of its trade), and Finland was Spain’s 41st (0.4%).

Spain in Finland’s trade
2%
Spain’s rank among Finland’s partners
14th
Finland in Spain’s trade
0.4%
Finland’s rank among Spain’s partners
41st

Compare with

Other partners of Finland

Other partners of Spain

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.