Finland Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in finland, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Finland, an EU member state since 1995, has redefined itself from a quiet agriculture and forestry-based economy to a trend-setting global center for technology and design. The country is highly integrated into the global economy, with international trade accounting for one-third of its GDP. Finland’s commercial clout far exceeds its modest population of 5.6 million. According to preliminary data from the International Trade Administration (ITA) Country Report, in 2024, Finland’s GDP was $306 billion, with a nominal per capita GDP of $54,774. It is the only Nordic country that uses the Euro.

Finland routinely ranks at the top of international surveys on education, quality of life, competitiveness, and transparency. It sits at the epicenter of Europe’s “New North” – a unique intersection of geography, infrastructure, education, good governance, and high-technology industries. Helsinki, the second most northern capital in the world, has easy connections by sea and air to neighboring Tallinn, Estonia, and Stockholm, Sweden.

Finland shares an 833-mile-long border and a complicated history with its eastern neighbor and many Finnish companies exited the Russian market in 2022, taking losses on their investments there. EU-wide sanctions have severed nearly all economic ties between Russia and Finland.

The European Union makes up 58.1 percent of Finland’s exports and 70.9 percent of its imports. Finland’s largest trading partners (imports and exports of goods) in 2024 were Sweden, Germany, the United States, and China. Finland’s key export sectors in 2024 were chemicals, machinery, metals, forestry, and electrical and electronics industry products. The European Union manages trade policy, and trade-dependent Finland remains a strong advocate for free trade policies. European Union ― Finland.

In 2024, the United States was the third-largest market for Finnish exports and Finland’s sixth-largest source of imports. U.S. exports to Finland totaled $4.5 billion, mainly oil and gas, computer and electronic products, chemicals, minerals and ores, and transportation equipment. Finland’s exports to the United States totaled $10.1 billion, including chemicals, machinery (except electrical), petroleum and coal products, paper, and computer and electronic products.

Visit the State Department’s website for background on Finland’s political and economic environment.