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Finland Trade Summary

2021

Finland exports, imports, tariff by year.

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 2021

Overall Exports and Imports for Finland 2021

Exports and imports of Finland in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 81,500 million.
  • The total value of imports (CIF) was 86,264 million.
  • At the HS6 digit level, 3,888 products were exported to 215 countries and 4,334 products were imported from 222 countries.

Finland top 5 Export and Import partners 2021

Top five countries to which Finland exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Finland exports to Germany worth US$ 10,756 million, with a partner share of 13.20 percent.
  2. Finland exports to Sweden worth US$ 8,353 million, with a partner share of 10.25 percent.
  3. Finland exports to United States worth US$ 5,408 million, with a partner share of 6.64 percent.
  4. Finland exports to Netherlands worth US$ 4,969 million, with a partner share of 6.10 percent.
  5. Finland exports to Russian Federation worth US$ 4,361 million, with a partner share of 5.35 percent.

Top five countries from which Finland imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Finland imports from Germany worth US$ 12,540 million, with a partner share of 14.54 percent.
  2. Finland imports from Russian Federation worth US$ 10,052 million, with a partner share of 11.65 percent.
  3. Finland imports from Sweden worth US$ 9,870 million, with a partner share of 11.44 percent.
  4. Finland imports from China worth US$ 7,795 million, with a partner share of 9.04 percent.
  5. Finland imports from Netherlands worth US$ 3,857 million, with a partner share of 4.47 percent.

Finland Top 5 Productsexports imports at HS 6 digit level 2021

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 4,444,576.58 (US$ Thousands).
  2. Finland exported Coniferous wood sawn or chipped lengthwise, sli , worth 3,030,973.97 (US$ Thousands).
  3. Finland exported Semi-bleached or bleached coniferous chemical w , worth 2,182,513.46 (US$ Thousands).
  4. Finland exported Multi-ply paper and paperboard, coated... , worth 2,101,806.54 (US$ Thousands).
  5. Finland exported Automobiles with reciprocating piston engine di , worth 1,296,263.87 (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 4,283,661.97 (US$ Thousands).
  2. Finland imported Petroleum oils, etc, (excl. crude); preparation , worth 3,093,067.04 (US$ Thousands).
  3. Finland imported Electrical energy , worth 2,045,839.28 (US$ Thousands).
  4. Finland imported Automobiles nes including gas turbine powered , worth 2,045,290.56 (US$ Thousands).
  5. Finland imported Transmission apparatus, for radioteleph incorpo , worth 1,453,072.83 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Finland in 2021 are below

  • The maximum rate of tariff in percentage on any product was 209.19 percent.
  • The simple average tariff across all products was 2.29 percent.
  • The trade weighted average tariff was 1.35 .
  • The total duty free imports in thousands of US dollars were 22,555,786.30 and duty free tariff line items share was 62.08 percent.

Development Indicators 2021

Key Development Indicators of Finland in 2021 are below

  • Finland GDP in current US dollar was 296,388 million.
  • GNI per capita, Atlas method (current US$) was 53,280.00 .
  • Finland Trade balance: as % of GDP was 0.09.
  • Trade balance in current US$ was 266.00 million.
  • Trade as percentage of GDP was 79.01 .
  • Trade in services as percentage of GDP was 23.75 .

Trade Indicators 2021

Trade Indicators for Finland in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 12.11.
  • World Growth in percentage was 12.50 and Finland Country Growth was 10.49 .