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Trade between Finland and Sweden

In 2024, Finland exported $8.3 billion to Sweden and imported $8.7 billion. Finland ran a deficit of $487 million with Sweden, compared with a deficit of $597 million in 2019. Sweden was Finland’s 2nd largest trading partner (11% of its trade), and Finland was Sweden’s 7th (5%).

Summary

Finland → Sweden
$8.3billion
Sweden → Finland
$8.7billion
Finland’s balance
-$487million

Balance

Finland’s trade balance with Sweden

Trade between Finland and Sweden grew 2.3-fold since 1995

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

  • Exports 8.3
  • Imports 8.7
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$4 billion$3.5 billion$429 million
1996$4.1 billion$3.8 billion$328 million
1997$3.7 billion$3.9 billion-$179 million
1998$3.6 billion$3.9 billion-$312 million
1999$3.5 billion$3.6 billion-$110 million
2000$3.9 billion$3.8 billion$126 million
2001$3.4 billion$3.6 billion-$188 million
2002$3.5 billion$3.8 billion-$261 million
2003$4.9 billion$4.6 billion$388 million
2004$6.5 billion$5.3 billion$1.2 billion
2005$6.6 billion$6.1 billion$578 million
2006$7.4 billion$6.6 billion$784 million
2007$9.2 billion$7.8 billion$1.4 billion
2008$9.4 billion$8.7 billion$682 million
2009$5.9 billion$5.6 billion$274 million
2010$7.5 billion$6.5 billion$973 million
2011$8.9 billion$11.2 billion-$2.3 billion
2012$7.8 billion$7.9 billion-$15 million
2013$8.5 billion$8.6 billion-$108 million
2014$7.8 billion$8.3 billion-$518 million
2015$5.8 billion$6.4 billion-$606 million
2016$5.9 billion$6.4 billion-$476 million
2017$6.7 billion$7.3 billion-$598 million
2018$7.5 billion$8.1 billion-$522 million
2019$7.3 billion$7.8 billion-$597 million
2020$6.4 billion$7.2 billion-$845 million
2021$7.7 billion$9.4 billion-$1.7 billion
2022$8.6 billion$12.1 billion-$3.5 billion
2023$8.3 billion$9.5 billion-$1.2 billion
2024$8.3 billion$8.7 billion-$487 million

What they sell each other

What Finland sells to Sweden

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

  1. Refined petroleum$1.4 billion · 16.5%
    1.4 million tonnes · Finland’s destinations
  2. Slag and ash with metals$424 million · 5.1%
    425 tonnes
  3. Refined copper$225 million · 2.7%
    24 thousand tonnes
  4. Coated flat steel$168 million · 2%
    163 thousand tonnes
  5. 5 thousand tonnes
  6. Steel structures$137 million · 1.7%
    59 thousand tonnes
  7. Trucks$137 million · 1.7%
    10 thousand tonnes · Sweden’s sources
  8. 8 thousand tonnes
  9. Alloy steel sheet$131 million · 1.6%
    109 thousand tonnes
  10. Logs$117 million · 1.4%
    1.1 million tonnes

What Sweden sells to Finland

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

  1. Refined petroleum$1.5 billion · 16.9%
    1.6 million tonnes · Sweden’s destinations
  2. Cars$560 million · 6.4%
    30 thousand tonnes · Sweden’s destinations
  3. Unrefined copper$481 million · 5.5%
    37 thousand tonnes
  4. Electricity$346 million · 4%
    Sweden’s destinations
  5. Iron ore$311 million · 3.6%
    2.5 million tonnes · Sweden’s destinations
  6. Trucks$283 million · 3.2%
    19 thousand tonnes · Sweden’s destinations
  7. Zinc ore$216 million · 2.5%
    203 thousand tonnes
  8. 1 thousand tonnes · Sweden’s destinations
  9. Bread, biscuits and pastries$93 million · 1.1%
    25 thousand tonnes
  10. 8 thousand tonnes

How it travels

Estimated sea route from Helsinki to Gothenburg.

The estimated sea route between Helsinki and Gothenburg is 724 nautical miles (1,341 km) long: ≈ 1.5–2 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$5.3 billion · 30.9%
  2. Land$11.7 billion · 69.1%

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

How much each matters to the other

Sweden was Finland’s 2nd largest trading partner (11% of its trade), and Finland was Sweden’s 7th (5%).

Sweden in Finland’s trade
10.9%
Sweden’s rank among Finland’s partners
2nd
Finland in Sweden’s trade
4.7%
Finland’s rank among Sweden’s partners
7th

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.