Economic Outlook and ESG Strategy of Finnvera

The Finnish Economy Demand and Supply, 2022, B€ 400 € 350 € Exports 120 Imports; 127,1 300 € 250 € Gross Fixed Capital 200 € Formation; 66 150 € Private Consumption; 138 GDP; 267 100 € 50 € 0 € Gov Consumption; 65 Demand Supply Exports amount to approx. 45% of GDP in Finland Main trading partners are Germany, Sweden and the US Trade with Russia has declined for a long time and has declined even more sharply after the war in Ukraine Main trading partners, share of total exports, % (12M Moving Average) Apr 2019 Apr 2023 The US 9.2 13.3 Sweden 12.9 12.7 8.7 7.4 Germany The Netherlands 5.6 6.9 China 4.7 4.9 The UK 4.7 3.9 Russia 5.3 1.2 23 23 31.10.2023 FINNVERA

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