To What Extent Does Finland Engage in International Trade of Services?

Abstract

This report examines the development and composition of Finland’s international trade in services compared to other countries. The findings reveal a substantial growth in Finland’s service exports, though at a slower pace than the EU average. Different countries have specialized in various types of services. Finland stands out for its prominent presence in IT services and software, while Sweden specializes in music services, and Denmark in maritime transport services. Both Finland and Denmark have focused their service exports in specific areas. In the future, diversifying the range of service exports is crucial.

Publication info

Results of research
Services in International Competition
Research group
Business renewal
Series
ETLA Raportit - Reports 142
Date
30.11.2023
Keywords
Comparison, Exports, Internationalization, Imports, Service
ISSN
2323-2447, 2323-2455 (Pdf)
JEL
F14, L8
Pages
16
Language
Finnish