Year over year, the total value of Finnish imports fell by -3.2% starting from $83.1 billion for 2023.
Based on the average exchange rate for 2024, Finland uses the euro which flatlined by 0.02% against the US dollar from 2023 to 2024. The weaker European Union currency made Finland’s imports paid for in slightly weaker US dollars in 2024 modestly less expensive when converted starting from euros.
Main Countries Selling Products Imported by Finland
The latest available country-specific data shows that 69.2% of products imported by Finland was furnished by exporters in: Germany (13.2% of the Finnish total), Sweden (11.5%), mainland China (9.9%), Norway (7.4%), United States of America (5%), Netherlands (4.8%), Poland (3.4%), Estonia (3.1%), Italy (3%), France (2.9%), United Kingdom (2.6%) and Denmark (2.5%).
Applying a continental lens, 71.2% of Finland’s total imports by value in 2024 was purchased from fellow European countries. Trade partners in Asia fulfilled another 19% worth of imports purchased by Finland while 6.5% originated from suppliers based in North America.
Finland joined the European Union on January 1, 1995. Finland’s imports from fellow EU member states represent 58.1% of total Finnish imports by value, much lower than 70.3% one year prior.
Tinier percentages came from customers in Latin America (2.1%) excluding Mexico but including the Caribbean, Oceania (0.7%) led by Australia, Papua New Guinea and New Zealand, then Africa (0.6%).
Given Finland’s population of 5.6 million people, its total $80.4 billion in 2024 imports translates to roughly $14,400 in yearly product demand from every person in the Nordic country. That dollar metric lags the average $14,750 one year earlier in 2023.
Finland’s Top 10 Imports
The following product groups represent the highest dollar value in Finland’s import purchases during 2024. Also shown is the percentage share each product category represents in terms of overall imports into Finland.
- Mineral fuels including oil: US$11.1 billion (13.8% of total imports)
- Machinery including computers: $10.2 billion (12.7%)
- Electrical machinery, equipment: $9.2 billion (11.4%)
- Vehicles: $7.2 billion (8.9%)
- Ores, slag, ash: $2.9 billion (3.6%)
- Iron, steel: $2.7 billion (3.3%)
- Plastics, plastic articles: $2.64 billion (3.3%)
- Pharmaceuticals: $2.64 billion (3.3%)
- Optical, technical, medical apparatus: $2.4 billion (3%)
- Articles of iron or steel: $2.3 billion (2.8%)
Finland’s top 10 imports generated around two-thirds (66.3%) of the overall value of its product purchases from other countries.
The fastest-growing import category from 2023 to 2024 were ores, slag and ash (up 10.6% from 2023).
In second place were Finnish imports of pharmaceuticals (up 2.5%), ahead of imported plastics (up 0.1%) both as materials and items made from plastic.
The severest declines were for Finland’s imports of the metals iron and steel (down -9.6% from 2023) and vehicles (down -9.3%).
Note that the results listed above are at the categorized two-digit Harmonized Tariff System (HTS) code level. For a more detailed view of imported goods at the four-digit HTS code level, see below.
From the more detailed view of imported goods, Finland spent the most on imported crude oil (6.8% of total Finnish imports), cars (5%), processed petroleum oils (4.1%), medical mixes in dosage (2.3%), computers including optical readers (2.2%), phone devices including smartphones (2.1%), electric storage batteries (1.8%), automobile parts or accessories (1.7%), petroleum gases (1.4%) then copper ores and concentrates (1.3%).
Finland’s Main Imports of Mineral Fuels Including Oil
In 2024, Finnish importers spent the most on the following 10 subcategories of mineral fuels-related products.
- Crude oil: US$5.5 billion (down -14.8% from 2023)
- Processed petroleum oils: $3.3 billion (up 1%)
- Petroleum gases: $1.1 billion (up 25.2%)
- Coal, solid fuels made from coal: $429.6 million (down -5.1%)
- Electrical energy: $404.1 million (down -31.7%)
- Petroleum oil residues: $110.4 million (down -11.8%)
- Coal tar oils (high temperature distillation): $62 million (up 42.7%)
- Asphalt/petroleum bitumen mixes: $56.1 million (up 171.1%)
- Petroleum jelly, mineral waxes: $3 million (down -28.9%)
- Peat: $1.1 million (up 71.2%)
Among these import subcategories, Finnish purchases of asphalt or petroleum bitumen mixes (up 171.1%), peat (up 71.2%) then high-temperature distilled coal tar oils (up 42.7%) grew at the fastest pace from 2023 to 2024.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of mineral fuels-related imports among Finnish businesses and consumers.
Finland’s Main Imports of Machinery Including Computers
In 2024, Finnish importers spent the most on the following 10 subcategories of machines including computers.
- Computers, optical readers: US$1.8 billion (up 19.7% from 2023)
- Miscellaneous engines, motors: $633 million (up 27.1%)
- Machinery parts: $608.8 million (down -13.2%)
- Taps, valves, similar appliances: $543.7 million (down -0.4%)
- Miscellaneous machinery: $442.6 million (up 4.6%)
- Transmission shafts, gears, clutches: $413.4 million (down -22.2%)
- Centrifuges, filters and purifiers: $339.3 million (down -0.1%)
- Liquid pumps and elevators: $329.3 million (down -3.2%)
- Refrigerators, freezers: $320.6 million (down -6.2%)
- Piston engine parts: $302.8 million (up 1.4%)
Among these import subcategories, Finnish purchases of miscellaneous engines, motors (up 27.1%), computers, optical readers (up 19.7%) then miscellaneous machinery (up 4.6%) grew at the fastest pace from 2023 to 2024.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery among Finnish businesses and consumers.
Finland’s Main Imports of Electrical Products
In 2024, Finnish importers spent the most on the following 10 subcategories of electrical equipment including consumer electronics.
- Phone devices including smartphones: US$1.7 billion (down -2.4% from 2023)
- Electric storage batteries: $1.4 billion (up 27.1%)
- Electrical converters/power units: $843.6 million (down -6.3%)
- Insulated wire/cable: $550.6 million (down -0.6%)
- Integrated circuits/microassemblies: $518.6 million (down -57.1%)
- Lower-voltage switches, fuses: $392.7 million (down -8.7%)
- Electrical/optical circuit boards, panels: $389.8 million (down -6.4%)
- TV receivers/monitors/projectors: $314.7 million (up 1.6%)
- Electric motors, generators: $314.1 million (up 20.9%)
- Electric generating sets, converters: $268.1 million (up 60.6%)
Among these import subcategories, Finnish purchases of electric generating sets and converters (up 60.6%), electric storage batteries (up 27.1%) then electric motors and generators (up 20.9%) grew at the fastest pace from 2023 to 2024.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among Finnish businesses and consumers.
Finland’s Main Imports of Vehicles & Related Products
In 2024, Finnish importers spent the most on the following 10 subcategories of vehicles.
- Cars: US$4 billion (down -11.3% from 2023)
- Automobile parts/accessories: $1.3 billion (up 1.9%)
- Trucks: $864.6 million (down -12.7%)
- Trailers: $212.6 million (down -15.4%)
- Tractors: $187.7 million (down -30.2%)
- Motorcycles: $174.9 million (down -12.2%)
- Public-transport vehicles: $141.5 million (up 91.1%)
- Bicycles, other non-motorized cycles: $80.2 million (down -14.4%)
- Motorcycle parts/accessories: $63.8 million (down -17.4%)
- Special purpose vehicles: $35.7 million (down -44.8%)
Among these import subcategories, Finnish purchases of public-transport vehicles (up 91.1%) and automobile parts or accessories (up 1.9%) grew from 2023 to 2024.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported vehicles among Finnish businesses and consumers.
See also Finland’s Top 10 Exports, Finland’s Top Trading Partners, Germany’s Top Trading Partners, Russia’s Top Trading Partners and Sweden’s Top Trading Partners
Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on October 9, 2025
International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on October 9, 2025
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on October 9, 2025
International Trade Centre, Trade Map. Accessed on October 9, 2025