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Finland Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Finland

Finland

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

270 637 49 272 0.8 18 848 38.3

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

41 32 -

Imports

43 33 -

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 66 192 68 134 2020 0.38

Share in world total exports (%)

2010-2020 0 0

2019 -3 -6

2020 -10 -8 2020 0.38

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 9.8

Fuels and mining products: 15

Agricultural products: 9.8

Fuels and mining products: 20.9

Manufactures: 73.5

Other: 1.7

Manufactures: 67.5

Other: 1.8

By main destination, % (2020)

By main origin, % (2020)

European Union: 53.3 China: 5.2 United Kingdom: 3.8

United States of America: 8.3 Russian Federation: 5.2 Other: 24.3

European Union: 57.8 China: 9 United Kingdom: 2.7

Russian Federation: 9.7 United States of America: 3.4 Other: 17.4

Agricultural Products Value

Top exported products (Million US$) HS4301 HS0405 HS0402 HS0203 HS2208

2020 . 189 149 139 113 97

Raw furskins Butter and other fats and oils Milk and cream, concentrated Swine meat, fresh, chilled, frozen Alcohol of less than 80% volume

Value

Top imported products (Million US$) HS0406 HS1905 HS0901 HS1506 HS2204

2020

Cheese and curd Bread, pastry, other bakers' wares Coffee Other animal fats and oils Wine of fresh grapes

304 299 261 251 247

Share in economy's trade in agricultural products Exports 0%

5%

Imports 10%

0%

HS4301

HS0406

HS0405

HS1905

HS0402

HS0901

HS0203

HS1506

HS2208

HS2204

2%

4%

6%

Million US$ Exports Imports

Value

2020 1 991 5 780

Annual percentage change

2010-2020 -2 1

2019 5 -4

2020 -5 1

Non-Agricultural Products Value

Top exported products (Million US$) HS2710 HS4810 HS8703 HS7219 HS4703

2020

Petroleum oils, other than crude Paper coated with kaolin Motor cars for transport of persons Flat-rolled steel more than 600 Chemical wood pulp, soda /sulphate

3 942 3 560 2 736 2 203 1 880

Value

Top imported products (Million US$) HS2709 HS8703 HS2710 HS8708 HS3004

2020

Petroleum oils, crude Motor cars for transport of persons Petroleum oils, other than crude Parts for motor vehicles 8701-8075 Medicaments in measured doses

3 431 3 062 2 042 1 701 1 692

Share in economy's trade in non-agricultural products Exports 0%

134

5%

Imports 10%

0%

HS2710

HS2709

HS4810

HS8703

HS8703

HS2710

HS7219

HS8708

HS4703

HS3004

5%

10%

Million US$ Exports Imports

Value

2020 61 401 58 523

Annual percentage change

2010-2020 -1 0

2019 -3 -6

2020 -10 -9

World Trade Organization – Trade Profiles 2021


Finland TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020

2010-2020

28 822 31 727 2020 0.59

Share in world total exports (%) Breakdown in economy's total exports

2019

2020

11 6

-19 -15

3 2

2020 0.69

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 9.2 Other commercial services: 78.5

Travel: 4.6 Goods-related services: 7.8

Transport: 16.7 Other commercial services: 70.7

By main destination, % (2020)

Travel: 5 Goods-related services: 7.6

By main origin, % (2020)

European Union: 45.5 China: 5.7 Switzerland: 3.3

United States of America: 18.2 United Kingdom: 4.4 Other: 22.9

European Union: 63.8 United Kingdom: 6.7 India: 3

Value

FATS sales Inward (million US$) Outward (million US$)

United States of America: 9.1 China: 3.5 Other: 13.9

Annual percentage change

2018 28 093 24 031

2010-2018 6 -3

2017 3 25

2018 12 21

Transport Finland

200

World

100 0

2010

2013

2016

Value

Million US$ Exports Imports

2020

Transport exports (Index 2010=100)

2020 2 637 5 307

Exports By sea (2020) By air (2020) By other (2020)

2010-2020 -2 -1

Value

Share (%)

1 005 669 874

38.1 25.4 33.1

Annual percentage change 2019 1 -6

Imports By sea (2020) By air (2020) By other (2020)

2020 -48 -22

Value

Share (%)

2 992 521 1 746

56.4 9.8 32.9

Travel Finland

200

World

Value

Million US$ Exports Imports

100 0

2010

2013

2016

2020 1 315 1 596

2010-2020 -8 -9

Annual percentage change 2019 2 -7

2020 -65 -72

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Exports of OCS by main item (2020) 13.5

3.2

27.3

ICTs

56.1

Other business services Intellectual property

Million US$

Value

2020

Other commercial services Exports 22 618 Imports 22 420

Annual percentage change

5 3

2020

Goods-related services Exports Imports

Other

2010-2020

2010-2020

2 252 2 404

11 16

2019

2020

17 15

-5 0

2019

2020

2 -1

-19 8

INDUSTRIAL PROPERTY Patent applications, 2019 Residents

1 321

Non-residents

75

Trademark applications, 2019 Total

1 396

World Trade Organization – Trade Profiles 2021

Residents

2 850

Non-residents

1 500

Industrial design applications, 2019 Total

4 350

Residents

117

Non-residents

52

Total

169

135


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