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

Finland trade flows with USA by SITC*) product sections during 2020/10 - 2021/2

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


Share of USA's2020/10
%
2020/11
%
2020/12
%
2021/1
%
2021/2
%
Export0.10.10.10.10.1
Import0.30.20.30.20.2
Trade in Goods0.20.20.20.20.2

USA's foreign trade with Finland, exports to Finland and imports from Finland in February 2021


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 February Finland was USA's 52. largest foreign trade partner. Most of the value of trade between the countries consists of the import to USA. Amounting trade to worth of $578 million was 28.1 per cent bigger than in February of the previous year. In February the trade balance with Finland was $373 million in deficit for United States of America.

The value of imports from Finland was 42.3 per cent higher than in February of the previous year, thus amounting to $475 million. Major product categories of imports from Finland were Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), representing 17.6 percent of imports, Sitc641 (papper and paperboard) 13.2 % and Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 12.4 % of the imports.

The value of exports to Finland declined by 12.4 per cent compared to in February of the previous year, thus amounting to $102 million in February 2021. The largest product groups of exports were: Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), which represented a share of 11.5 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) 6.5 % and Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.) 5.8 % of the exports.

Development during January-February 2021

During January-February, trade in goods with Finland has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-February of the previous year. Growth was as high as 24.6671275818338 per cent and the value of the trade increased to $1.2 billion. During January-February the value of imports was $954 million. The export value was $199 million. Compared to the corresponding period in 2020, the value of imports during this period increased by 34.6 %. The largest value in imports was in Sitc641 (papper and paperboard), worth $124 million. In export the largest value had Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), worth being $18 million. The value of exports during this period decreased by 7.9 %. From USA's point of view, the trade balance between the countries in January-February remained in deficit. The trade deficit was $756 million. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $494 million.


Table: USA's export to Finland (FI) during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 1,8 1.2 0,9 0.8 0,8 0.5 1,2 1.2 1,0 0.9
05. Vegetables and fruit 1,4 0.9 0,5 0.5 0,5 0.3 0,8 0.8 0,6 0.5
1. Beverages and tobacco 0,9 0.6 0,3 0.3 0,5 0.3 0,2 0.1 0,4 0.3
11. Beverages 0,9 0.6 0,2 0.1 0,4 0.3 0,2 0.1 0,3 0.3
2. Crude materials,inedible,except fuels 3,1 2.0 3,0 2.8 3,5 2.3 6,5 6.7 7,3 7.1
21. Hides,skins,furskins,raw 0 0.0 0,7 0.6 0 0.0 0 0.0 5,2 5.1
23. Crude rubber (incl.synthetic) 0 0.0 0,1 0.0 0 0.0 2,2 2.2 0,1 0.0
27. Crude fertilizers and crude minerals 2,1 1.4 1,5 1.4 2,7 1.8 3,6 3.7 1,1 1.0
3. Mineral fuels etc 24,8 16.3 8,8 8.3 39,6 26.7 8,1 8.3 5,8 5.7
32. Coal,coke and briquettes 5,6 3.6 5,5 5.2 0 0.0 7,7 8.0 5,5 5.3
33. Petroleum and products 0,5 0.3 0,5 0.4 39,6 26.7 0,4 0.4 0,4 0.3
34. Gas,natural and manufactured 18,9 12.3 2,8 2.6 0 0.0 0 0.0 0 0.0
5. Chemicals and related products,n.e.s. 19,0 12.4 21,7 20.5 16,6 11.2 16,6 17.2 11,9 11.6
51. Organic chemicals 7,7 5.0 0,5 0.4 4,6 3.1 1,9 1.9 1,9 1.8
52. Inorganic chemicals 0,3 0.2 0,7 0.6 0,7 0.5 0,5 0.4 0,2 0.2
54. Medicinal and pharmaceutical products 1,1 0.7 3,1 2.9 1,2 0.8 1,8 1.8 0,8 0.7
55. Perfume,cleaning etc.preparations 1,2 0.8 0,6 0.5 0,10 0.6 0,7 0.7 0,9 0.8
57. Plastics in primary forms 1,8 1.2 2,6 2.4 2,2 1.5 3,5 3.6 1,5 1.5
58. Plastics in non-primary forms 1,4 0.9 1,2 1.1 0,9 0.6 2,0 2.1 0,9 0.9
59. Chemical materials and products,n.e.s. 5,7 3.7 13,2 12.5 6,1 4.1 6,3 6.5 5,6 5.5
6. Basic manufactures 6,4 4.2 6,4 6.0 4,1 2.7 3,4 3.5 4,8 4.7
62. Rubber manufactures,n.e.s. 1,0 0.6 1,1 1.0 0,7 0.4 0,4 0.3 0,7 0.6
66. Non-metallic mineral manufactures,n.e.s. 0,5 0.3 0,3 0.2 0,3 0.2 0,3 0.3 0,6 0.5
68. Non-ferrous metals 1,3 0.8 1,9 1.8 0,8 0.5 0,2 0.1 1,4 1.3
69. Manufactures of metals,n.e.s. 2,4 1.6 2,4 2.2 1,4 0.9 1,6 1.6 1,7 1.6
7. Machinery,transport equipment 69,0 45.3 46,2 43.7 59,6 40.2 41,10 43.6 50,8 49.6
71. Power generating machinery and equipment 3,8 2.5 4,6 4.3 7,1 4.8 4,9 5.0 3,5 3.4
72. Machinery for specialized industries 1,8 1.1 2,8 2.6 7,5 5.0 4,3 4.4 2,6 2.5
74. General industrial machinery n.e.s. 7,1 4.6 5,6 5.3 7,8 5.2 6,2 6.4 8,4 8.2
75. Office machines and adp machines 9,10 6.5 8,1 7.6 4,5 3.0 4,1 4.2 2,9 2.8
76. Telecommunications and sound recording equipment 9,3 6.1 5,1 4.8 5,9 3.9 4,9 5.0 3,3 3.1
77. Electric machinery,n.e.s.and parts 9,1 5.9 7,1 6.7 10,7 7.2 6,9 7.1 10,5 10.2
78. Road vehicles 14,3 9.3 8,3 7.8 8,6 5.8 4,6 4.8 7,4 7.2
79. Other transport equipment 13,8 9.0 4,6 4.3 7,5 5.0 6,2 6.4 12,1 11.7
8. Miscellaneous manufactured articles 19,5 12.7 12,6 11.9 16,0 10.8 13,5 13.9 15,2 14.8
87. Instruments and apparates n.e.s. 12,3 8.0 9,1 8.5 9,3 6.2 9,1 9.4 8,2 7.9
88. Photographic equipment,optical goods etc. 1,2 0.7 0,6 0.6 0,4 0.2 0,7 0.6 0,3 0.2
89. Miscellaneous manufactured articles,n.e.s. 5,3 3.4 2,5 2.3 5,8 3.9 3,4 3.5 6,3 6.1
9. Goods not classified elsewhere 8,3 5.4 6,2 5.8 8,1 5.4 5,2 5.4 5,6 5.4
93. Special transactions and commodities not classified 0,9 0.6 1,1 1.0 1,1 0.7 0,9 0.9 0,9 0.8
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 7,3 4.8 4,10 4.7 6,10 4.7 4,4 4.5 4,7 4.6
0-9. All groups combined 152,5 100.0 105,6 100.0 148,3 100.0 96,3 100.0 102,4 100.0

Source: US Census Bureau

Table: Import from Finland (FI) to USA during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 2,5 0.4 2,7 0.6 2,1 0.3 2,1 0.4 2,0 0.4
02. Dairy products and birds' eggs 1,2 0.2 1,8 0.4 1,1 0.2 0,5 0.1 0,6 0.1
09. Miscellaneous edible products and preparations 0,5 0.1 0,3 0.1 0,4 0.1 0,6 0.1 0,5 0.1
1. Beverages and tobacco 0,6 0.1 0,8 0.2 0,3 0.0 0,9 0.2 0,2 0.0
11. Beverages 0,6 0.1 0,8 0.2 0,3 0.0 0,9 0.2 0,2 0.0
2. Crude materials,inedible,except fuels 10,3 1.8 6,7 1.5 7,2 1.2 8,10 1.9 5,1 1.1
21. Hides,skins,furskins,raw 0,6 0.1 0,2 0.0 0,6 0.1 0,5 0.1 0,1 0.0
24. Cork and wood 2,9 0.5 5,1 1.1 5,8 1.0 5,9 1.2 2,0 0.4
25. Pulp and waste paper 0,9 0.2 1,5 0.3 0,8 0.1 2,6 0.5 3,0 0.6
27. Crude fertilizers and crude minerals 0,9 0.2 0,1 0.0 0,1 0.0 0,2 0.0 0,1 0.0
28. Metalliferous ores and metal scrap 5,2 0.9 0 0.0 0 0.0 0 0.0 0 0.0
3. Mineral fuels etc 56,2 10.0 24,7 5.6 28,10 5.0 24,1 5.0 84,1 17.7
33. Petroleum and products 56,2 10.0 24,7 5.6 28,8 5.0 24,0 5.0 83,9 17.6
5. Chemicals and related products,n.e.s. 137,9 24.5 69,6 15.9 127,0 22.0 95,9 20.0 110,5 23.2
51. Organic chemicals 7,4 1.3 11,2 2.6 10,5 1.8 6,3 1.3 15,8 3.3
52. Inorganic chemicals 3,6 0.6 3,4 0.8 2,7 0.5 5,1 1.1 5,5 1.1
53. Dyeing,tanning and colouring material 0,2 0.0 0,6 0.1 0,2 0.0 0,1 0.0 0,3 0.1
54. Medicinal and pharmaceutical products 112,3 19.9 43,10 10.0 100,5 17.4 69,2 14.4 75,9 15.9
55. Perfume,cleaning etc.preparations 0,7 0.1 0,9 0.2 0,6 0.1 0,5 0.1 0,6 0.1
56. Fertilizers,manufactured 1,3 0.2 0 0.0 1,6 0.3 1,4 0.3 1,3 0.3
57. Plastics in primary forms 2,3 0.4 2,0 0.5 3,4 0.6 2,6 0.5 2,4 0.5
58. Plastics in non-primary forms 1,1 0.2 1,1 0.2 0,6 0.1 1,5 0.3 0,10 0.2
59. Chemical materials and products,n.e.s. 9,5 1.7 6,7 1.5 7,3 1.2 9,5 2.0 8,1 1.7
6. Basic manufactures 107,8 19.2 100,6 23.0 87,1 15.1 120,3 25.1 88,9 18.7
62. Rubber manufactures,n.e.s. 2,9 0.5 2,1 0.5 2,3 0.4 2,1 0.4 1,1 0.2
63. Wood and cork manufactures 3,8 0.7 3,0 0.7 3,6 0.6 4,7 1.0 2,3 0.5
64. Paper,paperboard and articles thereof 54,6 9.7 53,2 12.2 49,0 8.5 64,5 13.5 65,4 13.7
65. Textile yarn,fabrics,made up articles,etc. 1,7 0.3 1,7 0.4 2,3 0.4 2,7 0.6 1,5 0.3
66. Non-metallic mineral manufactures,n.e.s. 3,7 0.6 5,0 1.1 5,1 0.9 4,2 0.9 4,1 0.8
67. Iron and steel 21,3 3.8 15,3 3.5 10,8 1.9 26,6 5.5 4,2 0.9
68. Non-ferrous metals 15,6 2.8 12,10 3.0 9,3 1.6 10,1 2.1 7,4 1.5
69. Manufactures of metals,n.e.s. 4,6 0.8 7,5 1.7 4,10 0.9 5,6 1.2 3,3 0.7
7. Machinery,transport equipment 202,0 35.9 187,7 42.9 277,4 48.0 187,2 39.1 150,3 31.6
71. Power generating machinery and equipment 6,7 1.2 6,3 1.4 15,8 2.7 7,7 1.6 5,6 1.2
72. Machinery for specialized industries 37,6 6.7 33,8 7.7 31,7 5.5 40,4 8.4 35,7 7.5
73. Metal working machinery 1,4 0.2 3,3 0.7 2,8 0.5 3,0 0.6 3,10 0.8
74. General industrial machinery n.e.s. 20,5 3.6 31,6 7.2 19,3 3.3 24,6 5.1 13,9 2.9
75. Office machines and adp machines 0,6 0.1 0,10 0.2 0,6 0.1 0,6 0.1 1,2 0.2
76. Telecommunications and sound recording equipment 2,7 0.5 6,5 1.5 8,10 1.5 11,0 2.3 7,6 1.6
77. Electric machinery,n.e.s.and parts 37,1 6.6 33,7 7.7 39,3 6.8 38,6 8.0 26,4 5.5
78. Road vehicles 93,2 16.6 67,10 15.5 154,6 26.8 57,2 11.9 53,3 11.2
79. Other transport equipment 2,7 0.5 4,1 0.9 4,7 0.8 4,4 0.9 3,1 0.7
8. Miscellaneous manufactured articles 35,10 6.4 35,1 8.0 40,9 7.1 33,6 7.0 28,5 6.0
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0,9 0.1 0,9 0.2 1,6 0.3 1,0 0.2 1,1 0.2
82. Furniture and parts thereof 0,6 0.1 1,8 0.4 1,4 0.2 2,5 0.5 0,9 0.2
87. Instruments and apparates n.e.s. 26,5 4.7 25,6 5.9 29,8 5.2 21,4 4.5 22,5 4.7
88. Photographic equipment,optical goods etc. 1,3 0.2 1,2 0.3 1,6 0.3 1,5 0.3 1,3 0.3
89. Miscellaneous manufactured articles,n.e.s. 6,9 1.2 5,7 1.3 6,6 1.1 7,4 1.5 2,9 0.6
9. Goods not classified elsewhere 9,6 1.7 9,6 2.2 6,7 1.1 6,4 1.3 6,3 1.3
93. Special transactions and commodities not classified 5,8 1.0 5,9 1.3 3,1 0.5 3,0 0.6 3,0 0.6
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 3,9 0.7 3,8 0.8 3,7 0.6 3,5 0.7 3,3 0.7
0-9. All groups combined 562,5 100.0 437,3 100.0 577,3 100.0 479,1 100.0 475,4 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - February (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - February (ATP)

USA's Trade in Goods Start Page