{"id":42358,"date":"2026-04-21T11:04:53","date_gmt":"2026-04-21T08:04:53","guid":{"rendered":"https:\/\/ces.org.ua\/?p=42358"},"modified":"2026-06-15T11:24:42","modified_gmt":"2026-06-15T08:24:42","slug":"finland","status":"publish","type":"post","link":"https:\/\/ces.org.ua\/en\/finland\/","title":{"rendered":"Finland"},"content":{"rendered":"\n\n
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Ukraine & Finland economic dialogue<\/h2>\n <\/div>\n
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\u20ac52 mln<\/h4>\n

Bilateral goods trade at just \u20ac52 mln surplus for Finland in 2024, with Ukraine accounting for 0.2% \/ 0.1% of trade\u200b<\/p>\n <\/div>\n

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\u20ac105 mln<\/h4>\n

Finland\u2019s services exports reached \u20ac105 mln in 2024, with \u20ac78 mln surplus largely driven by Ukrainian refugees\u2019 spending\u200b<\/p>\n <\/div>\n

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the 2nd<\/h4>\n

Largest foreign nationality in Finland (~41k residents; ~77k under protection) are Ukrainians<\/p>\n <\/div>\n

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~$100 mln<\/h4>\n

Finnish FDI stock ~$100 mln, with 144 companies operating in Ukraine<\/p>\n <\/div>\n <\/div>\n \n \n

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Centre for Economic Strategy (CES), an independent Ukrainian think tank that analyzes key public policies and promotes support for reforms.<\/p>\n

With donor support, CES has launched a series of studies on trade relations between Ukraine and the European Union countries.<\/p>\n<\/div>\n <\/div>\n \n \n

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Free movements of goods and services<\/h2>\n <\/div>\n\n
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Bilateral goods trade\u00a0remains\u00a0very limited, with Finland exporting\u00a0mainly industrial\u00a0products (paper, machinery, petroleum) and Ukraine supplying raw materials and agricultural goods (iron ore, oilseeds)<\/p>\n <\/div>\n

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Finland\u2019s exports increasingly include equipment linked to infrastructure and potential\u00a0defence\u00a0use<\/p>\n <\/div>\n

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Services play a minor role in Finland\u2013Ukraine trade: Ukraine makes up just 0.2% of Finland\u2019s extra-EU service imports and 0.5% of its exports<\/p>\n <\/div>\n

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Much of services exports reflects spending in Finland by Ukrainian refugees using Ukrainian bank cards<\/p>\n <\/div>\n <\/div>\n \n \n

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Trade Balance UA-FI 2024<\/h2>\n
\n Top-5 goods of Finland-Ukraine trade in 2024, \u20ac\u00a0mln <\/div>\n <\/div>\n\n \n
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Free movement of persons and capital<\/h2>\n <\/div>\n\n \n \n \n \n \n \n \n \n
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41k<\/div>\n

Ukrainians in Finland in 2024\u200b. The 2nd largest foreign nationality in the country\u200b\u2028<\/p>\n <\/div>\n \n \n

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Ukrainian immigration sustains Finland’s population growth<\/p>\n <\/div>\n \n

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$100 mln<\/div>\n

Finland\u2019s FDI stocks in Ukraine have stayed low over the past decade and have shown no positive trend, hovering around $100 mln<\/p>\n <\/div>\n \n

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There are 144 businesses in Ukraine linked to Finland. \u200b\r\nThere are no Ukrainian companies in Finland<\/p>\n <\/div>\n <\/div>\n \n \n \n \n

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Ukrainians in Finland (thousands), 2024<\/h2>\n <\/div>\n\n \n
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Tighter co-operation potential<\/h2>\n <\/div>\n\n
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