Themes
Economy and international trade
A significant export sector with an extensive domestic value chain
The impact of tariffs on the forest industry International trade is undergoing upheaval due to geopolitical forces. The wave triggered
President Trump’s tariff policy has pushed international trade into an unprecedentedly turbulent era. We have entered a contest where trade
Great economic importance
Forest industry is economically important for Finland due to the industry’s extensive domestic value chain. In 2021, the forest sector’s turnover totalled approximately EUR 46 billion and the sector generated EUR 11 billion of value added.
The extensive domestic value chain is also reflected in tax revenues for society. The forest sector’s total tax revenue is approximately EUR 3.1 billion annually, close to half of which consists of taxes and social security costs paid by employees, and social security costs paid by employers.
The forest industry employs about 38 400 people directly. The entire value chain of the forest industry provides employment for 82 800 people in Finland.
Pintaa syvemmältä - pääekonomistin katsaus talouteen
News
The impact of tariffs on the forest industry International trade is undergoing upheaval due to geopolitical forces. The wave triggered
The majority of forest industry production is exported, and its share of Finland’s goods exports has averaged 19% since 2016.
Production volumes in the forest industry vary from quarter to quarter. Many different factors affect this variation, such as the
In the third quarter of the current year, the operating environment for the forest industry remained challenging, and market demand
The production volumes of all key product groups in the forest industry increased during the first quarter of the year
