Trade in goods with USA SITC (Standard International Trade Classification)
Suomeksi - in Finnish

Finland trade flows with USA by SITC*) product sections during 2020/7 - 2020/11

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/7
%
2020/8
%
2020/9
%
2020/10
%
2020/11
%
Export0.10.20.10.10.1
Import0.20.20.20.30.2
Trade in Goods0.10.20.10.20.2

USA's foreign trade with Finland, exports to Finland and imports from Finland in November 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In November Finland was USA's 55. largest foreign trade partner. Rise from the previous month 7 places. Most of the value of trade between the countries consists of the import to USA. $543 million worth of trade was 0.2 per cent lower than in November of the previous year. In November the trade balance with Finland was $332 million in deficit for United States of America.

The value of imports from Finland was 1.7 per cent higher than in November of the previous year, thus amounting to $437 million. Major product categories of imports from Finland were Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), representing 14.4 percent of imports, Sitc641 (papper and paperboard) 11.8 % and Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 9.1 % of the imports.

The value of exports to Finland declined by 7.4 per cent compared to in November of the previous year, thus amounting to $106 million in November 2020. The largest product groups of exports were: Sitc598 (miscellaneous chemical products, n.e.s.), which represented a share of 12.0 per cent of total exports, Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars) 7.1 % and Sitc752 (automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.) 7.0 % of the exports.

Development during January-November 2020

During January-November, trade in goods between the two countries declined sharply (-23.2 %) over the same period last year. The value of the trade was $5.8 billion. During January-November the value of imports was $4.4 billion. The export value was $1.4 billion. Compared to the corresponding period in 2019, the value of both imports and exports decreased significantly. The decline in imports was -26.0 % and in the value of exports -13.1 %. The largest value in imports was in Sitc641 (papper and paperboard), worth $603 million. In export the largest value had Sitc598 (miscellaneous chemical products, n.e.s.), worth being $85 million. From USA's point of view, the trade balance between the countries in January-November remained in deficit. The trade deficit was $2.9 billion. The trade deficit narrowed compared to the corresponding period in 2019. At that time, the deficit was $4.2 billion.


Table: USA's export to Finland (FI) during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 2.2 1.7 0.8 0.4 1.4 1.2 1.8 1.2 0.9 0.8
05. Vegetables and fruit 1.8 1.4 0.7 0.3 0.10 0.8 1.4 0.9 0.5 0.5
1. Beverages and tobacco 0.5 0.3 0.6 0.2 0.3 0.3 0.9 0.6 0.3 0.3
11. Beverages 0.5 0.3 0.6 0.2 0.3 0.3 0.9 0.6 0.2 0.1
2. Crude materials,inedible,except fuels 13.9 11.5 29.9 14.8 4.9 4.4 3.1 2.0 3.0 2.8
21. Hides,skins,furskins,raw 9.9 8.2 3.4 1.6 0 0.0 0 0.0 0.7 0.6
27. Crude fertilizers and crude minerals 2.9 2.3 0.8 0.4 3.7 3.3 2.1 1.4 1.5 1.4
28. Metalliferous ores and metal scrap 0.1 0.0 25.1 12.4 0.4 0.3 0.1 0.0 0 0.0
3. Mineral fuels etc 4.1 3.4 27.5 13.6 14.0 12.6 24.8 16.3 8.8 8.3
32. Coal,coke and briquettes 0 0.0 11.6 5.7 0 0.0 5.6 3.6 5.5 5.2
33. Petroleum and products 0.7 0.6 0.6 0.3 7.4 6.7 0.5 0.3 0.5 0.4
34. Gas,natural and manufactured 3.5 2.8 15.4 7.6 6.6 5.9 18.9 12.3 2.8 2.6
5. Chemicals and related products,n.e.s. 17.5 14.5 20.7 10.3 23.1 20.8 19.0 12.4 21.7 20.5
51. Organic chemicals 2.6 2.1 5.7 2.8 10.4 9.3 7.7 5.0 0.5 0.4
52. Inorganic chemicals 0.7 0.5 0.4 0.2 0.4 0.3 0.3 0.2 0.7 0.6
54. Medicinal and pharmaceutical products 1.10 1.6 0.8 0.4 1.4 1.2 1.1 0.7 3.1 2.9
55. Perfume,cleaning etc.preparations 0.6 0.5 1.4 0.7 1.1 1.0 1.2 0.8 0.6 0.5
57. Plastics in primary forms 4.2 3.5 3.7 1.8 2.1 1.9 1.8 1.2 2.6 2.4
58. Plastics in non-primary forms 0.10 0.8 1.4 0.7 0.9 0.7 1.4 0.9 1.2 1.1
59. Chemical materials and products,n.e.s. 6.6 5.4 7.4 3.6 6.10 6.2 5.7 3.7 13.2 12.5
6. Basic manufactures 4.5 3.7 4.6 2.3 6.5 5.8 6.4 4.2 6.4 6.0
62. Rubber manufactures,n.e.s. 1.2 1.0 0.5 0.2 2.2 2.0 1.0 0.6 1.1 1.0
66. Non-metallic mineral manufactures,n.e.s. 0.7 0.5 0.3 0.1 0.5 0.4 0.5 0.3 0.3 0.2
68. Non-ferrous metals 0.4 0.3 0.9 0.4 1.4 1.2 1.3 0.8 1.9 1.8
69. Manufactures of metals,n.e.s. 1.2 1.0 2.4 1.2 1.5 1.3 2.4 1.6 2.4 2.2
7. Machinery,transport equipment 57.5 47.6 60.8 30.2 39.9 36.0 69.0 45.3 46.2 43.7
71. Power generating machinery and equipment 2.5 2.0 2.3 1.1 3.1 2.7 3.8 2.5 4.6 4.3
72. Machinery for specialized industries 6.3 5.2 3.4 1.7 2.2 1.9 1.8 1.1 2.8 2.6
73. Metal working machinery 0.7 0.5 5.10 2.9 1.10 1.7 0.3 0.2 0.3 0.3
74. General industrial machinery n.e.s. 5.6 4.6 10.4 5.1 6.0 5.4 7.1 4.6 5.6 5.3
75. Office machines and adp machines 5.8 4.7 5.5 2.7 4.8 4.3 9.10 6.5 8.1 7.6
76. Telecommunications and sound recording equipment 5.6 4.6 4.5 2.2 4.0 3.6 9.3 6.1 5.1 4.8
77. Electric machinery,n.e.s.and parts 23.8 19.7 6.9 3.4 7.3 6.6 9.1 5.9 7.1 6.7
78. Road vehicles 4.6 3.8 3.3 1.6 6.7 6.0 14.3 9.3 8.3 7.8
79. Other transport equipment 2.10 2.4 18.9 9.3 4.2 3.8 13.8 9.0 4.6 4.3
8. Miscellaneous manufactured articles 13.9 11.4 45.8 22.7 13.1 11.7 19.5 12.7 12.6 11.9
84. Articles of apparel and clothing accessories 0.2 0.1 0.6 0.3 0.2 0.1 0.4 0.2 0.1 0.0
87. Instruments and apparates n.e.s. 8.7 7.2 7.4 3.7 8.8 7.9 12.3 8.0 9.1 8.5
88. Photographic equipment,optical goods etc. 0.3 0.2 0.5 0.2 0.4 0.3 1.2 0.7 0.6 0.6
89. Miscellaneous manufactured articles,n.e.s. 4.4 3.6 36.8 18.3 3.4 3.0 5.3 3.4 2.5 2.3
9. Goods not classified elsewhere 7.2 5.9 11.1 5.5 8.0 7.2 8.3 5.4 6.2 5.8
93. Special transactions and commodities not classified 1.6 1.3 1.0 0.5 2.7 2.4 0.9 0.6 1.1 1.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 5.5 4.5 10.0 5.0 5.3 4.7 7.3 4.8 4.10 4.7
0-9. All groups combined 120.7 100.0 201.4 100.0 110.9 100.0 152.5 100.0 105.6 100.0

Source: US Census Bureau

Table: Import from Finland (FI) to USA during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 2.0 0.6 2.4 0.6 2.7 0.7 2.5 0.4 2.7 0.6
02. Dairy products and birds' eggs 0.8 0.2 1.8 0.5 1.5 0.4 1.2 0.2 1.8 0.4
1. Beverages and tobacco 0.5 0.1 0.8 0.2 0.8 0.2 0.6 0.1 0.8 0.2
11. Beverages 0.5 0.1 0.8 0.2 0.8 0.2 0.6 0.1 0.8 0.2
2. Crude materials,inedible,except fuels 7.1 2.1 6.2 1.7 8.4 2.2 10.3 1.8 6.7 1.5
21. Hides,skins,furskins,raw 0.3 0.1 0.1 0.0 0.1 0.0 0.6 0.1 0.2 0.0
24. Cork and wood 3.9 1.1 3.7 1.0 6.7 1.8 2.9 0.5 5.1 1.1
25. Pulp and waste paper 2.6 0.8 2.3 0.6 1.5 0.4 0.9 0.2 1.5 0.3
27. Crude fertilizers and crude minerals 0.1 0.0 0.1 0.0 0.2 0.0 0.9 0.2 0.1 0.0
28. Metalliferous ores and metal scrap 0.4 0.1 0 0.0 0 0.0 5.2 0.9 0 0.0
3. Mineral fuels etc 15.7 4.6 25.4 6.9 24.1 6.3 56.2 10.0 24.7 5.6
33. Petroleum and products 15.6 4.6 25.4 6.9 24.1 6.3 56.2 10.0 24.7 5.6
5. Chemicals and related products,n.e.s. 70.5 20.8 77.6 21.0 74.7 19.7 137.9 24.5 69.6 15.9
51. Organic chemicals 19.6 5.8 7.2 1.9 6.10 1.8 7.4 1.3 11.2 2.6
52. Inorganic chemicals 3.1 0.9 5.0 1.3 5.8 1.5 3.6 0.6 3.4 0.8
53. Dyeing,tanning and colouring material 0.4 0.1 0.2 0.0 0.3 0.1 0.2 0.0 0.6 0.1
54. Medicinal and pharmaceutical products 28.5 8.4 49.8 13.5 51.1 13.5 112.3 19.9 43.10 10.0
55. Perfume,cleaning etc.preparations 0.7 0.2 0.4 0.1 0.4 0.1 0.7 0.1 0.9 0.2
56. Fertilizers,manufactured 0.1 0.0 2.7 0.7 0 0.0 1.3 0.2 0 0.0
57. Plastics in primary forms 3.5 1.0 1.9 0.5 2.3 0.6 2.3 0.4 2.0 0.5
58. Plastics in non-primary forms 1.5 0.4 0.10 0.3 1.1 0.3 1.1 0.2 1.1 0.2
59. Chemical materials and products,n.e.s. 13.5 4.0 9.8 2.6 7.0 1.8 9.5 1.7 6.7 1.5
6. Basic manufactures 79.6 23.5 99.4 26.9 90.8 24.0 107.8 19.2 100.6 23.0
62. Rubber manufactures,n.e.s. 1.4 0.4 1.6 0.4 1.10 0.5 2.9 0.5 2.1 0.5
63. Wood and cork manufactures 1.9 0.6 1.8 0.5 1.2 0.3 3.8 0.7 3.0 0.7
64. Paper,paperboard and articles thereof 55.7 16.4 71.3 19.3 56.4 14.9 54.6 9.7 53.2 12.2
65. Textile yarn,fabrics,made up articles,etc. 2.3 0.7 1.10 0.5 1.10 0.5 1.7 0.3 1.7 0.4
66. Non-metallic mineral manufactures,n.e.s. 2.7 0.8 3.1 0.8 3.2 0.8 3.7 0.6 5.0 1.1
67. Iron and steel 3.6 1.1 2.9 0.8 8.10 2.4 21.3 3.8 15.3 3.5
68. Non-ferrous metals 7.2 2.1 13.2 3.6 13.7 3.6 15.6 2.8 12.10 3.0
69. Manufactures of metals,n.e.s. 5.1 1.5 3.8 1.0 3.7 1.0 4.6 0.8 7.5 1.7
7. Machinery,transport equipment 120.5 35.6 121.1 32.8 143.9 38.0 202.0 35.9 187.7 42.9
71. Power generating machinery and equipment 7.9 2.3 10.2 2.8 6.4 1.7 6.7 1.2 6.3 1.4
72. Machinery for specialized industries 39.7 11.7 23.9 6.5 34.5 9.1 37.6 6.7 33.8 7.7
73. Metal working machinery 2.3 0.7 2.3 0.6 4.5 1.2 1.4 0.2 3.3 0.7
74. General industrial machinery n.e.s. 18.4 5.4 21.8 5.9 19.9 5.3 20.5 3.6 31.6 7.2
75. Office machines and adp machines 0.10 0.3 0.10 0.3 0.9 0.2 0.6 0.1 0.10 0.2
76. Telecommunications and sound recording equipment 4.6 1.4 2.7 0.7 4.4 1.2 2.7 0.5 6.5 1.5
77. Electric machinery,n.e.s.and parts 34.9 10.3 35.1 9.5 37.3 9.8 37.1 6.6 33.7 7.7
78. Road vehicles 9.5 2.8 21.6 5.8 33.5 8.8 93.2 16.6 67.10 15.5
79. Other transport equipment 2.5 0.7 2.10 0.8 2.8 0.7 2.7 0.5 4.1 0.9
8. Miscellaneous manufactured articles 36.5 10.8 27.2 7.4 25.6 6.8 35.10 6.4 35.1 8.0
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.9 0.2 0.7 0.2 0.9 0.2 0.9 0.1 0.9 0.2
82. Furniture and parts thereof 3.3 1.0 1.7 0.5 1.4 0.4 0.6 0.1 1.8 0.4
87. Instruments and apparates n.e.s. 24.5 7.2 18.9 5.1 18.7 4.9 26.5 4.7 25.6 5.9
88. Photographic equipment,optical goods etc. 0.8 0.2 1.4 0.4 1.1 0.3 1.3 0.2 1.2 0.3
89. Miscellaneous manufactured articles,n.e.s. 7.2 2.1 4.6 1.2 3.7 1.0 6.9 1.2 5.7 1.3
9. Goods not classified elsewhere 6.4 1.9 9.4 2.5 8.1 2.1 9.6 1.7 9.6 2.2
93. Special transactions and commodities not classified 3.1 0.9 6.2 1.7 4.7 1.2 5.8 1.0 5.9 1.3
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 3.4 1.0 3.2 0.8 3.5 0.9 3.9 0.7 3.8 0.8
0-9. All groups combined 338.6 100.0 369.0 100.0 378.6 100.0 562.5 100.0 437.3 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - November (Sitc)

USA's Trade in Goods Start Page