Finland-Netherlands Bilateral Trade Analysis 2023

Complete trade statistics: $11.01B total volume โ€ขFinland surplus: $1.52B

Finland โ†’ Netherlands

$6.27B

Exports (2023)

Netherlands โ†’ Finland

$4.75B

Imports (2023)

Trade Balance

$1.52B

Surplus for Finland

Total Trade

$11.01B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Finland and Netherlands. Green line shows exports from Finland, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Finland-Netherlands commercial relationship and competitive positioning in global markets.

Finland โ†’ Netherlands Exports

$6.27B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
14.2% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$886.87M
14.2% of exports
2Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm
$675.92M
10.8% of exports
3Nickel: unwrought, not alloyed
$334.09M
5.3% of exports
4Oils and other products of the distillation of high temperature coal tar: n.e.c. in heading no. 2707
$305.41M
4.9% of exports
5Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness of 0.5mm or more but not exceeding 1mm
$255.71M
4.1% of exports
6Zinc: unwrought, (not alloyed), containing by weight 99.99% or more of zinc
$235.99M
3.8% of exports
7Wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous wood
$168.75M
2.7% of exports
8Enzymes and prepared enzymes: other than rennet and concentrates thereof
$137.85M
2.2% of exports
9Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness of 3mm or more but less than 4.75mm
$110.72M
1.8% of exports
10Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41
$99.07M
1.6% of exports

๐ŸŽฏ Strategic Export Focus

Finland's export portfolio to Netherlands demonstrates strong diversification across multiple sectors, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

Netherlands โ†’ Finland Imports

$4.75B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
8.9% concentration
1Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils
$423.71M
8.9% of imports
2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$365.94M
7.7% of imports
3Ferrous waste and scrap: of stainless steel
$299.79M
6.3% of imports
4Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$138.90M
2.9% of imports
5Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$102.50M
2.2% of imports
6Molybdenum ores and concentrates: roasted
$100.96M
2.1% of imports
7Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$89.18M
1.9% of imports
8Plants, live: n.e.c. in heading no. 0602
$59.73M
1.3% of imports
9Medical, surgical instruments and appliances: electro-diagnostic apparatus (including apparatus for functional exploratory examination or for checking physiological parameters), n.e.c. in item no. 9018.1
$58.07M
1.2% of imports
10Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1
$54.31M
1.1% of imports

๐Ÿ“ฆ Import Strategy Analysis

Finland's import pattern from Netherlands reveals strategic sourcingin animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Finland demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Netherlands, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $11.01B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Finland-Netherlands Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $11.01 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Finland maintains a surplus of $1.52 billion
  • Export Focus: Finland's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm, nickel: unwrought, not alloyed
  • Import Dependencies: Key imports from Netherlands include animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, ferrous waste and scrap: of stainless steel

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $11.01B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Finland leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Finland's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Netherlands's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $11.01B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $11.01B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $11.01 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Finland's trade surplus of $1.52 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm present expansion opportunities.
Market Diversification
Beyond current focus on animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Finland and Netherlands represents a total trade volume of $11.01 billion in 2023. This partnership demonstrates a favorable trade balance for Finland, with exports exceeding importsby $1.52 billion.

Export Strengths

Finland's exports to Netherlands total $6.27 billion, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $886.87M or14.2% of bilateral exports.

Import Dependencies

Imports from Netherlands amount to $4.75 billion, highlighting economic interdependence in animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, with Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils comprising8.9% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Finland's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Finland and Netherlands in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023