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Trade between Finland and the United States

In 2024, Finland exported $7.7 billion to the United States and imported $3.8 billion. Finland ran a surplus of $3.9 billion with the United States, compared with a surplus of $3.9 billion in 2019. The United States was Finland’s 4th largest trading partner (7% of its trade), and Finland was the United States’ 48th (0.2%).

Summary

Finland → United States
$7.7billion
United States → Finland
$3.8billion
Finland’s balance
$3.9billion

Balance

Finland’s trade balance with the United States

Trade between Finland and the United States grew 2.4-fold since 1995

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

  • Exports 7.7
  • Imports 3.8
  • Balance +3.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.8 billion$2 billion$728 million
1996$3.5 billion$2.7 billion$775 million
1997$3.1 billion$2.1 billion$930 million
1998$3.3 billion$2.5 billion$813 million
1999$3.4 billion$2.4 billion$999 million
2000$3.9 billion$2.1 billion$1.8 billion
2001$4.7 billion$1.9 billion$2.7 billion
2002$4.5 billion$1.8 billion$2.7 billion
2003$4.4 billion$2 billion$2.5 billion
2004$4.4 billion$2.3 billion$2.1 billion
2005$4.3 billion$2.4 billion$1.9 billion
2006$5.8 billion$2.5 billion$3.2 billion
2007$6.4 billion$2.6 billion$3.8 billion
2008$6.8 billion$2.7 billion$4.1 billion
2009$5.4 billion$1.7 billion$3.7 billion
2010$5.4 billion$2.2 billion$3.2 billion
2011$4.5 billion$2.1 billion$2.4 billion
2012$5.3 billion$2.5 billion$2.8 billion
2013$5 billion$2.3 billion$2.7 billion
2014$5.4 billion$2.6 billion$2.8 billion
2015$4.7 billion$2 billion$2.8 billion
2016$4.9 billion$1.9 billion$3 billion
2017$5.8 billion$2 billion$3.7 billion
2018$6.8 billion$2.3 billion$4.5 billion
2019$6.5 billion$2.6 billion$3.9 billion
2020$6.3 billion$2 billion$4.3 billion
2021$6.8 billion$2.5 billion$4.3 billion
2022$9.7 billion$4 billion$5.6 billion
2023$9.6 billion$4.2 billion$5.4 billion
2024$7.7 billion$3.8 billion$3.9 billion

What they sell each other

What Finland sells to the United States

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

  1. Medicines in measured doses or retail packs$890 million · 11.6%
    142 tonnes · Finland’s destinations
  2. Refined petroleum$801 million · 10.4%
    934 thousand tonnes · Finland’s destinations
  3. Other pharmaceutical goods$480 million · 6.3%
    129 tonnes
  4. Coated paper$470 million · 6.1%
    478 thousand tonnes
  5. Greaseproof, tracing and glassine paper$170 million · 2.2%
    96 thousand tonnes
  6. Chemical wood pulp$154 million · 2%
    199 thousand tonnes · Finland’s destinations
  7. Pulp and papermaking machinery$145 million · 1.9%
    3 thousand tonnes
  8. Cars$139 million · 1.8%
    4 thousand tonnes · Finland’s destinations
  9. Transformers and power supplies$135 million · 1.8%
    2 thousand tonnes
  10. Other industrial machines$128 million · 1.7%
    4 thousand tonnes

What the United States sells to Finland

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

  1. Crude petroleum$402 million · 10.6%
    661 thousand tonnes · the United States’ destinations
  2. Natural gas and LPG$340 million · 9%
    631 thousand tonnes
  3. Open-chain hydrocarbons$254 million · 6.7%
    495 thousand tonnes
  4. Coal$168 million · 4.4%
    864 thousand tonnes · the United States’ destinations
  5. Computers$163 million · 4.3%
    359 tonnes · the United States’ destinations
  6. Refined petroleum$149 million · 3.9%
    123 thousand tonnes · the United States’ destinations
  7. Tall oil$136 million · 3.6%
    110 thousand tonnes
  8. Turbojets and gas turbines$127 million · 3.4%
    112 tonnes · the United States’ destinations
  9. Medical and dental instruments$120 million · 3.2%
    650 tonnes · the United States’ destinations
  10. Medicines in measured doses or retail packs$94 million · 2.5%
    120 tonnes · the United States’ destinations

How it travels

Estimated sea route from Helsinki to Los Angeles.

The estimated sea route between Helsinki and Los Angeles is 8,909 nautical miles (16,500 km) long: ≈ 20.5–26.5 days at sea (at 18 and 14 knots).

Passages it crosses: Øresund and Panama Canal.

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$6.3 billion · 55.1%
  2. Air$5.2 billion · 44.9%

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

How much each matters to the other

The United States was Finland’s 4th largest trading partner (7% of its trade), and Finland was the United States’ 48th (0.2%).

The United States in Finland’s trade
7.4%
The United States’ rank among Finland’s partners
4th
Finland in the United States’ trade
0.2%
Finland’s rank among the United States’ partners
48th

Compare with

Other partners of Finland

Other partners of the United States

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.