Finland’s Main Imports by Top Supplier Countries

The world’s 25th richest nation as measured by Gross Domestic Product per capita, the Republic of Finland imported US$67.9 billion worth of products from around the globe during 2020. That dollar amount reflects a -7.9% decrease from $73.7 billion in 2019.

This article presents a quick reference snapshot of Finland’s main imported products in 2020, categorized by dollar amount and major trading partners.

The Nordic country in Northern Europe shares its eastern land border with Russia, Sweden to its east and Norway to its north. Finland also has coastlines along the Gulf of Bothnia to its west and the Baltic Sea’s Gulf of Finland to its south.

Data is organized by overall metrics then drill down to the most valuable Finnish imports during 2020 for each of Finland’s top 10 supplier countries. Those leading trading partners accounted for almost two-thirds (65.5%) of total Finnish import purchases.

Product categories shown summarize calculations at the two-digit Harmonized System code level. Two-digit codes enable higher-level insights and trends for Finnish imports and each of the top supplier countries.

Finland’s Main Imports from Germany

In 2020, Germany’s exports to Finland amounted to $10.5 billion or 15.4% of overall Finnish imports.

That dollar amount represents an -8.5% drop compared to 2019.

By value, the major product categories listed below represent 75.7% of Finland’s imports from Germany.

  1. Vehicles: $2.2 billion
  2. Machinery: $1.9 billion
  3. Electronic equipment: $896 million
  4. Pharmaceuticals: $528.3 million
  5. Plastics: $485.5 million
  6. Medical, technical equipment: $427.5 million
  7. Iron or steel products: $314.4 million
  8. Copper: $202.3 million
  9. Inorganic chemicals: $163.2 million
  10. Iron and steel: $159.8 million
  11. Furniture, lighting, signs: $159.1 million
  12. Other chemical goods: $155.3 million
  13. Organic chemicals: $116.4 million
  14. Cereal, milk preparations: $107.4 million
  15. Tanning, dyeing extracts: $100.4 million

Fastest increases from 2019 to 2020 were for Finnish imports from Germany under the pharmaceuticals product category via a 10.7% gain in revenue and medical or technical equipment (up 8.7%).

Posting the severest declines among Finland’s top 15 imported products were items made from iron or steel (down -42.4%), inorganic chemicals (down -23.6%), machinery (down -15.8%), organic chemicals (down -15.1%) then furniture, lighting and signs (down -11.4%).

Finland’s Main Imports from Sweden

In 2020, Sweden’s exports to Finland amounted to $7.4 billion or 11% of overall Finnish imports.

That dollar amount represents an -8.7% drop compared to 2019.

By value, the 15 major product categories listed below represent 74.9% of Finland’s imports from Sweden.

  1. Mineral fuels including oil: $1.5 billion
  2. Machinery: $927.5 million
  3. Vehicles: $836.6 million
  4. Electronic equipment: $446.2 million
  5. Ores, slag, ash: $406.4 million
  6. Plastics: $260.1 million
  7. Iron and steel: $256.4 million
  8. Paper: $184.1 million
  9. Iron or steel products: $159.4 million
  10. Furniture, lighting, signs: $128.2 million
  11. Cereal, milk preparations: $120.1 million
  12. Medical, technical equipment: $116 million
  13. Other food preparations: $104.9 million
  14. Pharmaceuticals: $95.7 million
  15. Other chemical goods: $84.5 million

Fastest increases from 2019 to 2020 were for Finnish imports from Sweden under the pharmaceuticals product category via a 11.3% gain in revenue and electronic equipment (up 8.1%).

Posting the severest declines among Finland’s top 15 imported products were mineral fuels including oil (down -26.4%), ores, slag and ash (down -19.6%), furniture, lighting and signs (down -10.8%) then iron and steel as materials (down -8.8%).

Finland’s Main Imports from Russia

In 2020, Russia’s exports to Finland amounted to $6.6 billion or 9.7% of overall Finnish imports.

That dollar amount represents a -34.1% drop compared to 2019.

By value, the 15 major product categories listed below represent 97.1% of Finland’s imports from Russia.

  1. Mineral fuels including oil: $3.7 billion
  2. Nickel: $990.1 million
  3. Wood: $554.9 million
  4. Organic chemicals: $287.5 million
  5. Fertilizers: $160.4 million
  6. Inorganic chemicals: $120.5 million
  7. Rubber: $98.9 million
  8. Ores, slag, ash: $95 million
  9. Iron and steel: $92.4 million
  10. Electronic equipment: $55.2 million
  11. Aluminum: $53.9 million
  12. Machinery: $49.7 million
  13. Iron or steel products: $43.5 million
  14. Food waste, animal fodder: $43.3 million
  15. Copper: $43.2 million

Fastest increases from 2019 to 2020 were for Finnish imports from Russia under the fertilizers product category via a 13.3% gain in revenue, machinery (up 11.1%) and nickel (up 10%).

Posting the severest declines among Finland’s top 15 imported products were copper including articles made from copper (down -29.2%), mineral fuels including oil (down -46.8%), organic chemicals (down -43.4%), electronic equipment (down -11%), inorganic chemicals (down -10.7%) then food waste and animal fodder (down -10.2%).

Finland’s Main Imports from China

In 2020, China’s exports to Finland amounted to $6.1 billion or 9.0% of overall Finnish imports.

That dollar amount represents a 11.3% gain compared to 2019.

By value, the 15 major product categories listed below represent 89.9% of Finland’s imports from the mainland China.

  1. Electronic equipment: $1.9 billion
  2. Machinery: $1.3 billion
  3. Clothing (not knit or crochet): $335.7 million
  4. Other textiles, worn clothing: $298.2 million
  5. Furniture, lighting, signs: $271.3 million
  6. Toys, games: $215.2 million
  7. Knit or crochet clothing: $210.5 million
  8. Medical, technical equipment: $191.4 million
  9. Iron or steel products: $173.3 million
  10. Plastics: $171.9 million
  11. Vehicles: $124.7 million
  12. Footwear: $99.8 million
  13. Leather, animal gut articles: $77.2 million
  14. Rubber: $70.5 million
  15. Base metal tools, cutlery: $57.3 million

Fastest increases from 2019 to 2020 were for Finnish imports from China under the miscellaneous textiles including worn clothing product category via a 386.3% gain in revenue, plastics as a material (up 35%), rubber (up 18.1%), machinery (up 14%) and electronic equipment (up 13.2%).

Posting the severest declines among Finland’s top 15 imported products were items made from leather or animal gut (down -16%) and footwear (down -10.8%).

Finland’s Main Imports from Netherlands

In 2020, the Netherlands’ exports to Finland amounted to $3.1 billion or 9.0% of overall Finnish imports.

That dollar amount represents a -5.6% drop compared to 2019.

By value, the 15 major product categories listed below represent 68% of Finland’s imports from the Netherlands.

  1. Machinery: $351.5 million
  2. Mineral fuels including oil: $300.9 million
  3. Animal/vegetable fats and oils: $297.3 million
  4. Electronic equipment: $210.1 million
  5. Plastics: $205.4 million
  6. Pharmaceuticals: $125.4 million
  7. Live trees and plants: $93.6 million
  8. Vehicles: $92.7 million
  9. Vegetables: $81.3 million
  10. Medical, technical equipment: $80.3 million
  11. Organic chemicals: $61.6 million
  12. Beverages: $59.8 million
  13. Fruits, nuts: $52.6 million
  14. Iron or steel products: $47.9 million
  15. Iron and steel: $47.2 million

Fastest increases from 2019 to 2020 were for Finnish imports from the Netherlands under the animal or vegetable fats and oils product category via a 57.2% gain in revenue and pharmaceuticals (up 11.4%).

Posting the severest declines among Finland’s top 15 imported products were vehicles (down -23.7%), mineral fuels including oil (down -22.3%), machinery (down -17.5%), medical or technical equipment (down -16%), organic chemicals (down -14.4%) and beverages (down -14.4%).

Finland’s Main Imports from the US

In 2020, the United States’ exports to Finland amounted to $2.3 billion or 3.4% of overall Finnish imports.

That dollar amount represents a -6.6% drop compared to 2019.

By value, the 15 major product categories listed below represent 85.9% of Finland’s imports from America.

  1. Machinery: $359.7 million
  2. Medical, technical equipment: $339.1 million
  3. Electronic equipment: $219.6 million
  4. Pharmaceuticals: $183.1 million
  5. Vehicles: $160.7 million
  6. Other chemical goods: $153.1 million
  7. Mineral fuels including oil: $140.6 million
  8. Plastics: $99.3 million
  9. Organic chemicals: $97 million
  10. Aircraft, spacecraft: $71.4 million
  11. Beverages: $44.7 million
  12. Salt, sulphur, stone, cement: $38.7 million
  13. Ores, slag, ash: $37.9 million
  14. Inorganic chemicals: $24.6 million
  15. Perfumes, cosmetics: $23 million

Fastest increases from 2019 to 2020 were for Finnish imports from the United States under the organic chemicals product category via a 173% gain in revenue, miscellaneous chemical goods (up 50%), aircraft and spacecraft (up 40.2%), vehicles (up 39.2%) and beverages (up 37.1%).

Posting the severest declines among Finland’s top 15 imported products were electronic equipment (down -38.1%), ores, slag and ash (down -36%), machinery (down -25.2%), mineral fuels including oil (down -19.7%), perfumes and cosmetics (down -15.8%) and inorganic chemicals (down -14.5%).

Finland’s Main Imports from Estonia

In 2020, Estonia’s exports to Finland amounted to $2.3 billion or 3.4% of overall Finnish imports.

That dollar amount represents a 2.2% gain compared to 2019.

By value, the 15 major product categories listed below represent 73.9% of Finland’s imports from Estonia.

  1. Electronic equipment: $387.7 million
  2. Furniture, lighting, signs: $229.6 million
  3. Machinery: $214.3 million
  4. Wood: $169.5 million
  5. Mineral fuels including oil: $138.7 million
  6. Iron or steel products: $137.2 million
  7. Medical, technical equipment: $81.4 million
  8. Vehicles: $75.5 million
  9. Stone, plaster, cement: $48.7 million
  10. Plastics: $46.8 million
  11. Other food preparations: $33.9 million
  12. Cereal, milk preparations: $32.3 million
  13. Dairy, eggs, honey: $32.2 million
  14. Glass: $26.7 million
  15. Clothing (not knit or crochet): $26.2 million

Fastest increases from 2019 to 2020 were for Finnish imports from Estonia under the mineral fuels including oil product category via a 461.5% gain in revenue, cereal or milk preparations (up 18.1%), miscellaneous food preparations (up 16.7%), medical or technical equipment (up 11.1%) and items made from iron or steel (up 9.8%).

Posting the severest declines among Finland’s top 15 imported products were unknitted and non-crocheted clothing (down -15.1%), glass (down -14.7%) and wood (down -11.3%).

Finland’s Main Imports from France

In 2020, France’s exports to Finland amounted to $2.1 billion or 3.2% of overall Finnish imports.

That dollar amount represents an -8.9% drop compared to 2019.

By value, the 15 major product categories listed below represent 77% of Finland’s imports from France.

  1. Aircraft, spacecraft: $409.9 million
  2. Vehicles: $274.2 million
  3. Machinery: $239.6 million
  4. Pharmaceuticals: $132.3 million
  5. Electronic equipment: $115.7 million
  6. Plastics: $112.2 million
  7. Beverages: $75.3 million
  8. Modified starches, enzymes: $45 million
  9. Salt, sulphur, stone, cement: $44.4 million
  10. Other chemical goods: $42.3 million
  11. Medical, technical equipment: $39.8 million
  12. Iron and steel: $37.9 million
  13. Perfumes, cosmetics: $31.8 million
  14. Mineral fuels including oil: $29.6 million
  15. Cereal, milk preparations: $24.2 million

Fastest increases from 2019 to 2020 were for Finnish imports from France under the medical or technical equipment product category via an 8.3% gain in revenue and miscellaneous chemical goods (up 5%).

Posting the severest declines among Finland’s top 15 imported products were modified starches or enzymes (down -30.4%), machinery (down -26.7%), iron and steel as materials (down -21.9%), perfumes and cosmetics (down -21.3%), vehicles (down -18%) and beverages (down -17.7%).

Finland’s Main Imports from Poland

In 2020, Poland’s exports to Finland amounted to $2 billion or 3.0% of overall Finnish imports.

That dollar amount represents a -2.5% drop compared to 2019.

By value, the 15 major product categories listed below represent 71.7% of Finland’s imports from Poland.

  1. Machinery: $334.1 million
  2. Electronic equipment: $242.8 million
  3. Vehicles: $166.7 million
  4. Iron or steel products: $131.5 million
  5. Furniture, lighting, signs: $125.9 million
  6. Plastics: $112.7 million
  7. Pharmaceuticals: $85.2 million
  8. Furskins and artificial fur: $57 million
  9. Meat: $40 million
  10. Paper: $35.4 million
  11. Medical, technical equipment: $30.9 million
  12. Iron and steel: $30.7 million
  13. Aluminum: $24.3 million
  14. Stone, plaster, cement: $23.7 million
  15. Fruits, nuts: $22.3 million

Fastest increases from 2019 to 2020 were for Finnish imports from Poland under the aluminum product category via a 24.3% gain in revenue, stone, plaster and cement (up 11.7%) then fruits and nuts (up 11.2%).

Posting the severest declines among Finland’s top 15 imported products were vehicles (down -16.1%), furskins and artificial fur (down -8.9%) and paper (down -8.5%).

Finland’s Main Imports from Italy

In 2020, Italy’s exports to Finland amounted to $1.9 billion or 2.8% of overall Finnish imports.

That dollar amount represents a -3.9% drop compared to 2019.

By value, the 15 major product categories listed below represent 79.7% of Finland’s imports from Italy.

  1. Machinery: $435.7 million
  2. Vehicles: $164.1 million
  3. Electronic equipment: $152.4 million
  4. Iron or steel products: $132.2 million
  5. Plastics: $106.3 million
  6. Beverages: $68.4 million
  7. Furniture, lighting, signs: $57.3 million
  8. Pharmaceuticals: $54.1 million
  9. Fruits, nuts: $44.4 million
  10. Iron and steel: $41.9 million
  11. Medical, technical equipment: $38 million
  12. Cereal, milk preparations: $36.1 million
  13. Rubber: $27 million
  14. Vegetable/fruit preparations: $25.6 million
  15. Aluminum: $22.7 million

Fastest increases from 2019 to 2020 were for Finnish imports from Italy under the fruits and nuts product category via a 26.9% gain in revenue, cereal or milk preparations (up 18.9%), vegetable or fruit preparations (up 13.8%) and beverages (up 11.2%).

Posting the severest declines among Finland’s top 15 imported products were aluminum (down -21.9%), rubber (down -18.8%), pharmaceuticals (down -11.9%) and machinery (down -11.2%).

See also

More great research: Sweden’s Top Imported Consumer Products Ranked by Value, Norway’s Top Imported Consumer Products, World’s Top 100 Imported Consumer Products, China’s Top 100 Imported Consumer Products, United States Top 100 Imported Consumer Products, Israel’s Main Imports by Top Supplier Countries, Germany’s Top 100 Imported Consumer Products

References

Independent insights and analysis presented in this article are based on researched facts and statistics sourced from the following educational sources.

International Trade Centre, Trade Map.

Richest Country Reports, Top 50 Richest Countries by GDP per Capita.

Wikipedia, Finland, Borders of Finland.

World’s Top Exports, Import News.

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