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Trade between Finland and the United Kingdom

In 2024, Finland exported $3 billion to the United Kingdom and imported $2 billion. Finland ran a surplus of $973 million with the United Kingdom, compared with a surplus of $1.3 billion in 2019. The United Kingdom was Finland’s 9th largest trading partner (3% of its trade), and Finland was the United Kingdom’s 39th (0.5%).

Summary

Finland → United Kingdom
$3billion
United Kingdom → Finland
$2billion
Finland’s balance
$973million

Balance

Finland’s trade balance with the United Kingdom

Trade between Finland and the United Kingdom fell 16% since 1995

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

  • Exports 3
  • Imports 2
  • Balance +1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.5 billion$2.4 billion$1.1 billion
1996$4 billion$2.8 billion$1.2 billion
1997$4 billion$2.5 billion$1.5 billion
1998$3.9 billion$2.4 billion$1.5 billion
1999$3.5 billion$2.1 billion$1.3 billion
2000$4.2 billion$2.2 billion$2 billion
2001$4.3 billion$2.2 billion$2.1 billion
2002$4.3 billion$2 billion$2.3 billion
2003$4.5 billion$2.1 billion$2.3 billion
2004$4.4 billion$2.2 billion$2.2 billion
2005$4.3 billion$2.5 billion$1.8 billion
2006$5.4 billion$3.3 billion$2.1 billion
2007$5.3 billion$3.8 billion$1.5 billion
2008$5.1 billion$3.5 billion$1.6 billion
2009$3.3 billion$1.9 billion$1.4 billion
2010$3.4 billion$2.1 billion$1.3 billion
2011$4.2 billion$2.5 billion$1.7 billion
2012$3.5 billion$2.1 billion$1.4 billion
2013$3.9 billion$2.2 billion$1.7 billion
2014$3.9 billion$2.3 billion$1.6 billion
2015$3.2 billion$1.8 billion$1.4 billion
2016$3 billion$1.7 billion$1.3 billion
2017$3.3 billion$1.9 billion$1.4 billion
2018$3.4 billion$2 billion$1.4 billion
2019$3.1 billion$1.9 billion$1.3 billion
2020$2.8 billion$1.7 billion$1.1 billion
2021$2.9 billion$1.6 billion$1.4 billion
2022$3.5 billion$2.2 billion$1.3 billion
2023$3.3 billion$1.9 billion$1.3 billion
2024$3 billion$2 billion$973 million

What they sell each other

What Finland sells to the United Kingdom

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

  1. Coated paper$275 million · 9.2%
    252 thousand tonnes
  2. Refined petroleum$236 million · 7.9%
    248 thousand tonnes · Finland’s destinations
  3. Sawn wood$222 million · 7.4%
    371 thousand tonnes · Finland’s destinations
  4. Cars$126 million · 4.2%
    5 thousand tonnes · Finland’s destinations
  5. 49 thousand tonnes
  6. Plywood$79 million · 2.6%
    53 thousand tonnes
  7. 2 thousand tonnes
  8. 370 tonnes · the United Kingdom’s sources
  9. 4 thousand tonnes
  10. Stainless steel sheet$66 million · 2.2%
    14 thousand tonnes

What the United Kingdom sells to Finland

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

  1. Crude petroleum$608 million · 30.1%
    995 thousand tonnes · the United Kingdom’s destinations
  2. Cars$178 million · 8.8%
    10 thousand tonnes · the United Kingdom’s destinations
  3. Unwrought lead$49 million · 2.4%
    18 thousand tonnes
  4. 223 tonnes · the United Kingdom’s destinations
  5. Refined petroleum$38 million · 1.9%
    43 thousand tonnes · the United Kingdom’s destinations
  6. Turbojets and gas turbines$31 million · 1.6%
    21 tonnes · the United Kingdom’s destinations
  7. Auto parts$31 million · 1.5%
    3 thousand tonnes · the United Kingdom’s destinations
  8. Generating sets$31 million · 1.5%
    2 thousand tonnes
  9. Nitriles (acrylonitrile)$26 million · 1.3%
    990 tonnes
  10. Natural gas and LPG$25 million · 1.2%
    43 thousand tonnes

How it travels

Estimated sea route from Helsinki to Felixstowe.

The estimated sea route between Helsinki and Felixstowe is 1,259 nautical miles (2,331 km) long: ≈ 3–3.5 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$4.1 billion · 82%
  2. Air$901 million · 18%

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

How much each matters to the other

The United Kingdom was Finland’s 9th largest trading partner (3% of its trade), and Finland was the United Kingdom’s 39th (0.5%).

The United Kingdom in Finland’s trade
3.2%
The United Kingdom’s rank among Finland’s partners
9th
Finland in the United Kingdom’s trade
0.5%
Finland’s rank among the United Kingdom’s partners
39th

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.