Themes
Economy and international trade
A significant export sector with an extensive domestic value chain
Exports are essential for Finland. The forest industry accounts for approximately one sixth of the value of Finland’s export of goods. In the midst of intense international competition, favorable operating environment for companies and Finland’s competitiveness must be ensured.
Statistics
Distribution of export market for Finnish forest industry products in 2024.
Statistics
Volume of forest industry exports by product type 1960-2024.
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
Economy and international trade
News
News
The tariffs represent a significant weakening in the international trade environment.
Blog posts
United States is reshaping the global playing field, creating uncertainty in the operating environment of the forest industry.
Statistics
Distribution of export market for Finnish forest industry products in 2024.
Statistics
Volume of forest industry exports by product type 1960-2024.
Statistics
The share of export production varies by product group from 54 percent to 96 percent.
News
The Finnish Forest Industries is encouraged to see the EU setting its course for a carbon-neutral competitive Europe.