Finland's Export Credit and SME Financing Agency

The Finnish Economy Demand and Supply, 2022Q3, M€ Exports: 22 727 Gross Fixed Capital Formation; 13 865 Private Consumption; Imports • 24 746 90 000 € 80 000 € 70 000 € 60 000 € 50 000 € 40 000 € 30 000 € 31 199 GDP; 58 924 20 000 € 10 000 € 0 € Gov Consumption; 14 558 Demand Supply Exports amount to approx. 40% of GDP in Finland Main trading partners are Germany, Sweden and the US The share of trade with Russia has declined for a long time and continues on a declining path Main trading partners, share of total goods exports, % (12M Moving Average) Oct 2019 Oct 2022 14.8 12.3 Germany Sweden 10.2 10.8 The US 7.4 8.1 The Netherlands 6.3 7.3 China 5.5 4.7 The UK 4.3 3.7 Russia 5.7 3.0 25 1.3.2023 Luottamuksellinen / Tekijä FINNVERA

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