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Finland Trade Summary

2023

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 2023

Overall Exports and Imports for Finland 2023

Exports and imports of Finland in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 82,568 million.
  • The total value of imports (CIF) was 83,094 million.
  • At the HS6 digit level, 3,871 products were exported to 210 countries and 4,302 products were imported from 221 countries.

Finland top 5 Export and Import partners 2023

Top five countries to which Finland exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Finland exports to United States worth US$ 9,069 million, with a partner share of 10.98 percent.
  2. Finland exports to Sweden worth US$ 8,677 million, with a partner share of 10.51 percent.
  3. Finland exports to Germany worth US$ 8,638 million, with a partner share of 10.46 percent.
  4. Finland exports to Netherlands worth US$ 6,590 million, with a partner share of 7.98 percent.
  5. Finland exports to China worth US$ 3,706 million, with a partner share of 4.49 percent.

Top five countries from which Finland imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Finland imports from Germany worth US$ 11,134 million, with a partner share of 13.40 percent.
  2. Finland imports from Sweden worth US$ 9,415 million, with a partner share of 11.33 percent.
  3. Finland imports from China worth US$ 7,742 million, with a partner share of 9.32 percent.
  4. Finland imports from Norway worth US$ 6,383 million, with a partner share of 7.68 percent.
  5. Finland imports from United States worth US$ 4,464 million, with a partner share of 5.37 percent.

Finland Top 5 Productsexports imports at HS 6 digit level 2023

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 6,353,958.91 (US$ Thousands).
  2. Finland exported Semi-bleached or bleached coniferous chemical w , worth 2,542,314.15 (US$ Thousands).
  3. Finland exported Cruise ships, excursion boats etc principally d , worth 2,211,926.46 (US$ Thousands).
  4. Finland exported Coniferous wood sawn or chipped lengthwise, sli , worth 1,992,181.58 (US$ Thousands).
  5. Finland exported Multi-ply paper and paperboard, coated... , worth 1,818,098.29 (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 6,394,985.71 (US$ Thousands).
  2. Finland imported Automobiles nes including gas turbine powered , worth 3,443,342.69 (US$ Thousands).
  3. Finland imported Petroleum oils, etc, (excl. crude); preparation , worth 3,231,838.01 (US$ Thousands).
  4. Finland imported Transmission apparatus, for radioteleph incorpo , worth 1,625,549.58 (US$ Thousands).
  5. Finland imported Other medicaments of mixed or unmixed products, , worth 1,548,846.47 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Finland in 2023 are below

  • The maximum rate of tariff in percentage on any product was 188.46 percent.
  • The simple average tariff across all products was 2.17 percent.
  • The trade weighted average tariff was 1.24 .
  • The total duty free imports in thousands of US dollars were 21,993,424.50 and duty free tariff line items share was 64.58 percent.

Development Indicators 2023

Key Development Indicators of Finland in 2023 are below

  • Finland GDP in current US dollar was 294,951 million.
  • GNI per capita, Atlas method (current US$) was 53,120.00 .
  • Finland Trade balance: as % of GDP was 0.32.
  • Trade balance in current US$ was 930.00 million.
  • Trade as percentage of GDP was 85.88 .
  • Trade in services as percentage of GDP was 27.99 .

Trade Indicators 2023

Trade Indicators for Finland in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 11.75.
  • World Growth in percentage was -3.13 and Finland Country Growth was -3.32 .