Russia's exports to Finland amounted to. Finland shares an 833-mile-long border and a complicated history with Russia. Finland managed to cut the amount of oil it imports from Russia just after the invasion of Ukraine started in late February. Imports The top imports of Finland are Crude Petroleum ($5.38B), Cars ($3.34B), Refined Petroleum ($2.95B), Vehicle Parts ($1.69B), and Broadcasting Equipment ($1.47B), importing mostly from Germany ($11.7B), Sweden ($10B), Russia ($9.5B), China ($4.43B), and Netherlands ($4.32B). 1. This page includes a chart with historical data for Finland Natural Gas . The export of products that are refined from, and related to, oil is substantial and made up 42% of the total chemical products' exports in Finland in 2019. Russian gas makes up for just about 5% of Finland's supply. Lived in two EU countries and visited all the rest plus Russia and Ukraine. White label accounts can distribute our data. Around 87% of all oil products and 100% of natural gas is imported from Russia. Finland's annual crude oil and petroleum products imports from Russia are worth around 3.5 billion. The announcement follows Moscow's decision to cut off electricity exports to Finland earlier this month and an earlier decision by the Finnish state-controlled oil company Neste to replace imports of Russian crude oil with crude oil from elsewhere. Year over year, the total value of Finnish exports accelerated by 26% from $68.2 billion for 2020. During 2020, Russia had a large net trade with Finland in the exports of Mineral Products ($3.75B), Metals ($1.14B), and Chemical Products ($939M). January 1985. Dmitri Lovetsky/AP The European union (15) average was 7 409 kWh/person. Leo Laikola. Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($504M), KHANTY-MANSIYSK AUTONOMOUS AREA ($135M), REPUBLIC OF TATARSTAN ($94.8M), VOLOGDA REGION ($40.2M), and REPUBLIC OF KARELIA ($39.2M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($70.9M), ST. PETERSBURG ($63.7M), MURMANSK REGION ($40.1M), LENINGRAD REGION ($21.3M), and KRASNOYARSK TERRITORY ($12.5M). In 2018, Russia exported services to Finland worth $791M, with Transportation ($283M), Travel ($234M), and Other business services ($145M) being the largest in terms of value. Finland is currently preparing in case Russia cuts off oil exports. As some historians rightly point out, the dissolution of the Soviet Union is best thought of as a process that in many ways is still going on rather than . Trading Economics welcomes candidates from around the world. In 2019, countries that imported more from Russia than Finland were China ($49.3B), United Kingdom ($25.3B), and Netherlands ($22.5B). A valuation declaration for imports exceeding the value of EUR 5,045.64 ($5,299.11 in 2022) A copy of the commercial invoice. "That pipeline is unlikely to ever open again," Vanhanen told YLE, referring to the two parallel Russia-Finland natural gas pipelines that were launched in 1974. The jump reflects rising gas prices. Most of the petroleum is used in vehicles, but about 260,000 homes are heated by heating oil. Co-generation of heat and electricity for industry process heat and district heating is common . Finland is bordered on the east by Russia and, as one of the Soviet Union's neighbors, was of particular interest and . The Trading Economics Application Programming Interface (API) provides direct access to our data. This mean that the more blue a dot/product is, the more Russia has comparative advantage over Finland. Advanced users can use our Python/R/Matlab packages. Each country is colored based on the difference in imports they receive from Russia and Finland or the difference in the growth in imports. The share of crude oil amounts to about 2.7 billion, and 91% comes from Russia. In 2021, the country exported 201.7 billion cubic. Vanhanen didn't see Moscow's gas stoppage as a retaliatory step from Russia to Finland's bid to join NATO but rather a countermove to Western sanctions imposed on Moscow following its invasion of Ukraine. Finland's Top 10 Exports by Daniel Workman Helsinki, Finland Sharing land borders with Sweden to its northwest, Norway to its north and Russia to its east, the Republic of Finland shipped US$81.3 billion worth of goods around the globe in 2021. Russia has halted its gas supply to Finland - the latest escalation of an energy payments row with the West. For full datasets download visit Bulk Download page. Russia-Finland In 2020, Russia exported $6.81B to Finland. A view of the business tower Lakhta Centre, the headquarters of Russian gas monopoly Gazprom in St. Petersburg, Russia, on April 27. services to Finland worth Imports The top imports of Russia are Cars ($7.75B), Motor vehicles; parts and accessories (8701 to 8705) ($7.28B), Broadcasting Equipment ($7.15B), Packaged Medicaments ($7.06B), and Computers ($4.1B), importing mostly from China ($50.7B), Germany ($26.1B), Belarus ($12.8B), South Korea ($7.93B), and Italy ($7.71B). Imports. Even if Ukraine and its Western backers are wildly successful, however, Russia will remain a challenge for European security. Standard users can export data in a easy to use web interface or using an excel add-in. from $1.94B in 1995 to $6.81B in 2020. Nickel: $917.7 . HELSINKI Russia halted gas exports to neighboring Finland on Saturday, a highly symbolic move that came just days after the Nordic country announced it wanted to join NATO and marked a likely. Russia exports to Finland (2018) Oil 53.6% (+20%) Chemical products 8.2% (+17%) Gas 7.2% (+27%) Metal products 6.1% (-51%) Timber products 4.8% (+29%) Electricity 3.2% (+111%) Coal 2.9% (+8%) Other 14.0% (+26%) Finland exports to Russia (2018) Industrial machinery and heavy equipment 25.0% (+5%) Chemical products 17.5% (-5%) Natural gas accounts for just some 5% of total energy consumption in Finland, a country of 5.5 million. In 2018, Russia exported We have a plan for your needs. $10 billion or 12.7% of its overall imports. services to Russia worth Live trees, plants, bulbs, roots, cut flowers, Fish, crustaceans, molluscs, aquatics invertebrates, Edible vegetables and certain roots and tubers, Vegetable plaiting materials, vegetable products, Cereal, flour, starch, milk preparations and products, Arms and ammunition, parts and accessories, Milling products, malt, starches, inlin, wheat gluten, Bird skin, feathers, artificial flowers, human hair, Raw hides and skins (other than furskins) and leather, Musical instruments, parts and accessories, Articles of leather, animal gut, harness, travel good, Vegetable textile fibers not specified elsewhere, paper yarn, woven fabric, Works of art, collectors' pieces and antiques, Wool, animal hair, horsehair yarn and fabric, Manufacturers of plaiting material, basketwork, Carpets and other textile floor coverings, Special woven or tufted fabric, lace, tapestry, Albuminoids, modified starches, glues, enzymes, Animal, vegetable fats and oils, cleavage products, Umbrellas, walking-sticks, seat-sticks, whips, Tobacco and manufactures tobacco substitutes, Dairy products, eggs, honey, edible products. API users can feed a custom application. Russia-Finland In 2020, Russia exported $6.81B to Finland. For further information, please visit Finnish Customs. The following documents should be presented for imports into Finland: A customs declaration form endorsed by the National Board of Customs in Finland. EXPORT GROWTH (January 2021 - January 2022): $613M, (141%), IMPORT GROWTH (January 2021 - January 2022): $67.4M, (35.4%), MAIN EXPORTER (January 2022): MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION, $504M. In 2019, countries that imported more from Finland than Russia were Sweden ($6.52B), Australia ($936M), and Norway ($1.74B). Most energy products were imported from Russia, whose share of the value of imports was 54 per cent. The value of imports grew by 54.6 per cent. In 2017, Finland exported Table reflects only those months for which there was trade. Finland is not dependent on electricity imports from Russia. Natural Gas Imports from Russia in Finland increased to 1046 Terajoule in August from 405 Terajoule in July of 2022. During the last 25 years the exports of Finland to Russia have increased at an annualized rate of 2.39%, from $1.92B in 1995 to $3.46B in 2020. Overview In January 2022, Russia exported $1.05B and imported $258M from Finland, resulting in a positive trade balance of $790M. For example, on June 1, a Monday, the . Gasum said it would now supply natural gas to its customers from other sources through the undersea Balticconnector gas pipeline running between Finland and Estonia and connecting the Finnish and Baltic gas grids. According to the Distilled Spirits Council import value numbers, the countries ahead of Russia by value are . The main products that Russia exported to Finland are Crude Petroleum ($2.73B), Nickel Mattes ($910M), and Refined Petroleum ($646M). The measure taken by the Russian energy giant Gazprom was in line with an earlier announcement following Helsinki's refusal to pay for the gas in rubles as Russian President Vladimir Putin has demanded European countries do since Russia invaded Ukraine on Feb. 24. $791M, with Transportation ($283M), Travel ($234M), and Other business services ($145M) being the largest in terms of value. "Russia did the same thing with Finland it has done earlier with some other countries to maintain its own credibility," Vanhanen said, referring to the Kremlin's demands to buy its gas in rubles. 7.5 11:41 Updated 7.5 17:07. In 2020, Finland exported $3.46B to Russia. Finland's gas imports in March totalled 151 million euros, up from 39.6 million euros a year earlier . Matti Vanhanen, the former Finnish prime minister and current speaker of Parliament, said the effect of Moscow's decision to cut off gas after nearly 50 years since the first deliveries from the Soviet Union began is above all symbolic. This chart compares trade between Russia and Finland by product, considering products traded by both, Russia and Finland. This visualization show the product space at the HS4 level colored from blue to yellow. Imports of chips (+30%) and softwood (+11%) increased, whereas imported volumes of . Finland's natural gas imports from Russia rose by 282 percent in value year-on-year in March, the month after Russia attacked Ukraine, Finnish Customs data showed. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Almost all of that gas comes from Russia, and is used mainly by industrial and other companies with only an estimated 4,000 households relying on gas heating. In 2018, Finland bought US$78.5 billion worth of imported products up by 2.2% since 2014 and up by 12% from 2017 to 2018. . Finland Imports By Country Value Year; . The security of the energy supply is not at risk, even if electricity trading with Russia stops. Large-scale energy cooperation, also including nuclear power, between the two countries was one of the most visible signs of friendly bilateral ties between former enemies. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. "Finland is prepared for a suspension of Russian natural gas imports," the committee said in a statement. HELSINKI Russia halted gas exports to neighboring Finland on Saturday, a highly symbolic move that came just days after the Nordic country announced it wanted to join NATO and marked a likely end to Finland's nearly 50 years of importing natural gas from Russia. Russia Oil imports/exports market Finland imports almost all of its oil from Russia. In 2006, Finnish oil imports came from Russia (64 percent), Norway (11 percent), Denmark (11 percent), and the rest from United Kingdom, Kazakhstan, and Algeria. Top Finland Imports from the World. Trade In January 2022, the top exports of Russia to Finland were Crude Petroleum ($324M), Refined Petroleum ($122M), Electricity ($116M), Nitrogenous Fertilizers ($106M), and Commodities not elsewhere specified ($104M).
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