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Finland Trade Summary

2020

Finland exports, imports, tariff by year.
Finland monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR FINLAND 2020

Overall Exports and Imports for Finland 2020

Exports and imports of Finland in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 65,607 million.
  • The total value of imports (CIF) was 68,267 million.
  • At the HS6 digit level, 3,817 products were exported to 219 countries and 4,322 products were imported from 211 countries.

Finland top 5 Export and Import partners 2020

Top five countries to which Finland exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Finland exports to Germany worth US$ 8,886 million, with a partner share of 13.54 percent.
  2. Finland exports to Sweden worth US$ 6,818 million, with a partner share of 10.39 percent.
  3. Finland exports to United States worth US$ 5,434 million, with a partner share of 8.28 percent.
  4. Finland exports to Netherlands worth US$ 4,284 million, with a partner share of 6.53 percent.
  5. Finland exports to China worth US$ 3,423 million, with a partner share of 5.22 percent.

Top five countries from which Finland imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Finland imports from Germany worth US$ 10,537 million, with a partner share of 15.44 percent.
  2. Finland imports from Sweden worth US$ 7,455 million, with a partner share of 10.92 percent.
  3. Finland imports from Russian Federation worth US$ 6,675 million, with a partner share of 9.78 percent.
  4. Finland imports from China worth US$ 6,149 million, with a partner share of 9.01 percent.
  5. Finland imports from Netherlands worth US$ 3,135 million, with a partner share of 4.59 percent.

Finland Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Finland along with trade value are:

  1. Finland exported Petroleum oils, etc, (excl. crude); preparation , worth 3,934,761.27 (US$ Thousands).
  2. Finland exported Multi-ply paper and paperboard, coated... , worth 1,853,166.66 (US$ Thousands).
  3. Finland exported Coniferous wood sawn or chipped lengthwise, sli , worth 1,768,768.44 (US$ Thousands).
  4. Finland exported Semi-bleached or bleached coniferous chemical w , worth 1,574,107.21 (US$ Thousands).
  5. Finland exported Cruise ships, excursion boats etc principally d , worth 1,085,540.20 (US$ Thousands).

The top five imported HS 6 digit level products from world by Finland along with trade value are

  1. Finland imported Petroleum oils and oils obtained from bituminou , worth 3,430,493.32 (US$ Thousands).
  2. Finland imported Petroleum oils, etc, (excl. crude); preparation , worth 2,042,448.47 (US$ Thousands).
  3. Finland imported Other medicaments of mixed or unmixed products, , worth 1,384,662.60 (US$ Thousands).
  4. Finland imported Transmission apparatus, for radioteleph incorpo , worth 1,349,260.09 (US$ Thousands).
  5. Finland imported Automobiles nes including gas turbine powered , worth 1,311,495.32 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Finland in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 2.01 percent.
  • The trade weighted average tariff was 1.45 .
  • The total duty free imports in thousands of US dollars were 15,654,935.71 and duty free tariff line items share was 59.70 percent.

Development Indicators 2020

Key Development Indicators of Finland in 2020 are below

  • Finland GDP in current US dollar was 271,886 million.
  • GNI per capita, Atlas method (current US$) was 50,060.00 .
  • Finland Trade balance: as % of GDP was 0.08.
  • Trade balance in current US$ was 208.00 million.
  • Trade as percentage of GDP was 71.50 .
  • Trade in services as percentage of GDP was 23.12 .

Trade Indicators 2020

Trade Indicators for Finland in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 11.70.
  • World Growth in percentage was -3.77 and Finland Country Growth was -5.58 .