IT services are a key part of Finland’s service exports

Abstract

Service exports as a proportion of Finland’s total exports have grown substantially in recent years. However, service exports are dominated by a fairly small number of markets and product groups. Although the United States has become the most important destination country for Finnish service exports, a majority of these exports are still destined for Europe. Finland's traditional trading partners Sweden and Germany continue to be very significant export markets. Finland’s service exports are strongly focused on IT services.