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Trade between Finland and Turkey

In 2024, Finland exported $1.2 billion to Turkey and imported $887 million. Finland ran a surplus of $352 million with Turkey, compared with a surplus of $332 million in 2019. Turkey was Finland’s 17th largest trading partner (1% of its trade), and Finland was Turkey’s 52nd (0.4%).

Summary

Finland → Turkey
$1.2billion
Turkey → Finland
$887million
Finland’s balance
$352million

Balance

Finland’s trade balance with Turkey

Trade between Finland and Turkey grew 6.8-fold since 1995

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

  • Exports 1.2
  • Imports 0.9
  • Balance +0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$254 million$58 million$196 million
1996$278 million$61 million$217 million
1997$371 million$77 million$294 million
1998$431 million$87 million$344 million
1999$518 million$99 million$418 million
2000$722 million$102 million$620 million
2001$312 million$100 million$211 million
2002$386 million$160 million$226 million
2003$539 million$251 million$288 million
2004$721 million$331 million$391 million
2005$957 million$385 million$572 million
2006$1.1 billion$421 million$682 million
2007$1.2 billion$528 million$647 million
2008$1.2 billion$487 million$696 million
2009$782 million$343 million$439 million
2010$1.2 billion$435 million$775 million
2011$1.3 billion$393 million$875 million
2012$1.1 billion$530 million$563 million
2013$1.3 billion$507 million$780 million
2014$1.1 billion$540 million$609 million
2015$1 billion$437 million$581 million
2016$978 million$492 million$486 million
2017$971 million$560 million$411 million
2018$1 billion$633 million$384 million
2019$918 million$586 million$332 million
2020$1 billion$615 million$430 million
2021$1.4 billion$814 million$563 million
2022$1.3 billion$989 million$349 million
2023$1.6 billion$1 billion$562 million
2024$1.2 billion$887 million$352 million

What they sell each other

What Finland sells to Turkey

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

  1. Chemical wood pulp$186 million · 15%
    240 thousand tonnes · Finland’s destinations
  2. Ferrous scrap$157 million · 12.7%
    392 thousand tonnes · Turkey’s sources
  3. Coated paper$109 million · 8.8%
    107 thousand tonnes
  4. Kraft paper and paperboard$61 million · 4.9%
    75 thousand tonnes
  5. Polyethylene$41 million · 3.3%
    24 thousand tonnes · Turkey’s sources
  6. 809 tonnes
  7. Stainless steel sheet$32 million · 2.6%
    9 thousand tonnes
  8. 2 thousand tonnes
  9. 300 tonnes
  10. 18 thousand tonnes

What Turkey sells to Finland

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

  1. Trucks$80 million · 9.1%
    5 thousand tonnes · Turkey’s destinations
  2. Cars$73 million · 8.2%
    4 thousand tonnes · Turkey’s destinations
  3. Steel structures$54 million · 6.1%
    27 thousand tonnes
  4. Zinc ore$35 million · 4%
    32 thousand tonnes
  5. Refined petroleum$34 million · 3.8%
    25 thousand tonnes · Turkey’s destinations
  6. Other engines and motors$26 million · 2.9%
    2 thousand tonnes
  7. 5 thousand tonnes · Turkey’s destinations
  8. Auto parts$22 million · 2.5%
    3 thousand tonnes · Turkey’s destinations
  9. Bed, table and kitchen linen$22 million · 2.5%
    2 thousand tonnes
  10. 2 thousand tonnes

How it travels

Estimated sea route from Helsinki to Istanbul.

The estimated sea route between Helsinki and Istanbul is 4,434 nautical miles (8,211 km) long: ≈ 10.5–13 days at sea (at 18 and 14 knots).

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

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$1.8 billion · 87%
  2. Air$277 million · 13%

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

How much each matters to the other

Turkey was Finland’s 17th largest trading partner (1% of its trade), and Finland was Turkey’s 52nd (0.4%).

Turkey in Finland’s trade
1.4%
Turkey’s rank among Finland’s partners
17th
Finland in Turkey’s trade
0.4%
Finland’s rank among Turkey’s partners
52nd

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.