Country exposure · FI

Finland
Europe · Helsinki · parliamentary republic
What Finland means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$8.1B
U.S. imports, 2025
-0.8%
change in one year
$2.9B
U.S. exports, 2025
6M
Population
$299.8B
GDP
In your house
What you buy that Finland makes
America bought $8.1B in goods from Finland in 2025. Of every $100 of it, here's where the money went.
Pharmaceutical preparations
medicines and pharmacy items
Paper and paper products
Petroleum products, other
gasoline and petroleum products
Medicinal equipment
medical devices and equipment
Electric apparatus
Telecommunications equipment
phones, routers, networking gear
Industrial machines, other
Generators, accessories
Excavating machinery
Materials handling equipment
2026 so far (through April): $2.7B in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Finland
$2.9B in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Crude oil
$457MComputers
$355Mlaptops, desktops, monitors
Gas-natural
$239MNatural gas liquids
$203MChemicals-other
$163MMinimum value shipments
$149MCivilian aircraft, engines, equipment, and parts
$102MIndustrial machines, other
$89MMeasuring, testing, control instruments
$67MWhere you stand
U.S. tariff posture toward Finland
Since February 24, 2026 most EU goods face the universal 10% Section 122 temporary import surcharge, which replaced the framework's 15% all-inclusive IEEPA structure when EO 14389 terminated the reciprocal tariffs. The framework's Section 232 terms persist: EU autos at 15%, and the April 2026 metals expansion expressly preserved the EU's trade-agreement-partner treatment (steel and aluminum otherwise at 50%).
The United States negotiates tariffs with the European Union as a single market — every measure here applies to Finland as an EU member.
Reciprocal tariff (assigned — terminated)
20%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Section 232 sectors
Autos, Wood
Steel, aluminum, autos, and similar national-security tariffs that name this country.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward the European Union — and with it Finland — has changed 11 times since 2025. This page tracks it.
2026-04-06
EU treatment preserved in expanded metals tariffs
In effectThe April 2026 proclamation expanding Section 232 coverage of aluminum, steel, and copper derivatives expressly does not alter or supersede the prior U.S.–EU agreement implementation, and lists the EU among 'Trade Agreement Partners' eligible for its exclusion process.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including those under EO 14257, the basis of the EU's 15% all-inclusive structure — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them. The framework's Section 232 terms (the 15% EU autos cap, metals carve-outs) rest on separate authority and were expressly unaffected.
91 FR 9437 →2025-09-25
Framework implemented: preferential treatment for certain EU goods
In effectActing under the September 8, 2025 procedures order, Commerce and USTR modified the HTSUS to implement the framework — preferential (zero) reciprocal treatment for certain EU goods and a reduction of the Section 232 automobile and parts duty to 15% for EU-origin vehicles.
90 FR 46136 →2025-08-21
U.S.–EU Framework Agreement joint statement
AgreementThe United States and the European Union issued the Joint Statement on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade: the U.S. committed to the 15% all-inclusive ceiling, zero reciprocal duty on certain products, and a cut of the Section 232 automobile duty to 15%; the EU committed to eliminate tariffs on U.S. industrial goods and expand agricultural access, plus $750B in U.S. energy procurement through 2028.
Source ↗2025-08-07
15% all-inclusive structure replaces the 20% rate
In effectThe July 31, 2025 order ('Further Modifying the Reciprocal Tariff Rates') gave the EU a unique structure effective August 7, 2025: for goods with an MFN (Column 1) rate below 15%, the reciprocal duty tops the total up to exactly 15%; goods with an MFN rate of 15% or higher pay no additional reciprocal duty.
Federal Register · 2025-15010 →2025-07-09
Reciprocal-rate pause extended to August 1
In effectThe July 7, 2025 order extended the suspension of country-specific reciprocal rates through August 1, 2025, keeping the EU at the 10% baseline while framework talks continued.
90 FR 30823 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% effective June 4, 2025, with no EU carve-out.
90 FR 24199 →2025-04-10
90-day pause suspends the 20% rate back to 10%
In effectThe April 9, 2025 modification order suspended country-specific reciprocal rates for 90 days for all partners except China, returning the EU to the 10% universal baseline effective April 10, 2025 while negotiations proceeded.
90 FR 15625 →2025-04-09
EU country-specific reciprocal rate of 20% takes effect
In effectAnnex I of Executive Order 14257 assigned the European Union a 20% country-specific reciprocal rate, effective April 9, 2025 — the rate still carried for the EU in the HTS Chapter 99 Subchapter III note.
Federal Register · 2025-06063 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, including the EU, effective April 5, 2025. The order singled out the EU's 5% average MFN rate and 10% passenger-vehicle tariff as examples of non-reciprocal treatment.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum arrangements terminated — 25% duties on EU metals
In effectProclamations of February 10, 2025 ended the EU's tariff-rate-quota arrangements for steel and aluminum and raised the aluminum duty from 10% to 25%, applying 25% Section 232 duties to EU steel and aluminum effective March 12, 2025.
90 FR 9817 →
Made for America
What Finland makes for America
Finland is a direct U.S. source of 12 essential goods Americans rely on — the items themselves, shipped finished off the line.
health
2% of U.S.OTC medicines
$1.5B to the U.S.
energy
2% of U.S.Gasoline and diesel
$338M to the U.S.
digital
Fiber optic cables and networking
$234M to the U.S.
materials
1% of U.S.Lumber and wood products
$113M to the U.S.
digital
1% of U.S.Lithium-ion batteries
$110M to the U.S.
materials
Vehicles and light trucks
$90M to the U.S.
health
1% of U.S.Surgical and sterile supplies
$82M to the U.S.
health
1% of U.S.Diagnostic tests and lab supplies
$72M to the U.S.
materials
Steel and iron products
$66M to the U.S.
materials
Furniture
$66M to the U.S.
materials
Auto parts and repairs
$43M to the U.S.
materials
HVAC systems and equipment
$32M to the U.S.
Go deeper
The supply chain view
Finland sits upstream of 24 essential American goods through 12 tracked inputs.
manufactured
35%Variable Frequency Drive (VFD) Systems for Cranes
pharmaceutical
30%Diagnostic-Grade Monoclonal Antibodies (mAbs)
manufactured
30%Yankee Dryer Cylinder (Steel or Cast-Iron Tissue Machine)
chemical
20%Polyolefin Multilayer Film (PP/PE) for IV Bags
manufactured
18%Rubber-Tired Gantry (RTG) Cranes — Yard Equipment
agricultural
18%NBSK Virgin Softwood Pulp (Northern Bleached Softwood Kraft)
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
Finland was a province and then a grand duchy under Sweden from the 12th to the 19th centuries and an autonomous grand duchy of Russia after 1809. It gained complete independence in 1917. During World War II, Finland successfully defended its independence through cooperation with Germany and resisted subsequent invasions by the Soviet Union, albeit with some loss of territory. During the next half-century, Finland transformed from a farm/forest economy to a diversified modern industrial economy; per-capita income is among the highest in Western Europe. A member of the EU since 1995, Finland was the only Nordic state to join the euro single currency at its initiation in January 1999. In the 21st century, the key features of Finland's modern welfare state are high-quality education, promotion of equality, and a national social welfare system, although the system is currently facing the challenges of an aging population and the fluctuations of an export-driven economy. Following Russia's invasion of Ukraine in 2022, Finland opted to join NATO; it became the organization's 31st member in April 2023.

Geography
- Location
- Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, and Gulf of Finland, between Sweden and Russia
- Area
- 338,145 sq km
- Climate
- cold temperate; potentially subarctic but comparatively mild because of moderating influence of the North Atlantic Current, Baltic Sea, and more than 60,000 lakes
- Terrain
- mostly low, flat to rolling plains interspersed with lakes and low hills
- Natural resources
- timber, iron ore, copper, lead, zinc, chromite, nickel, gold, silver, limestone
- Coastline
- 1,250 km
- Natural hazards
- severe winters in the north
People & society
- Population
- 5,550,449 (2025 est.)
- Nationality
- Finn(s)
- Ethnic groups
- Finnish, Swedish, Russian, Estonian, Romani, Sami
- Languages
- Finnish (official) 85.9%, Swedish (official) 5.2%, Russian 1.7%, other 7.2% (2022 est.)
- Religions
- Lutheran 66.6%, Greek Orthodox 1.1%, other 1.7%, none 30.6% (2022 est.)
- Median age
- 44 years (2025 est.)
- Life expectancy at birth
- 82.2 years (2024 est.)
Economy
- Economic overview
- high-income, export-based EU and eurozone economy; major timber, metals, engineering, telecom, and electronics industries; emerging from recession triggered by inflation, weak consumer and export demand, and lower private investment; labor market reform plan to address structural rigidities
- Industries
- metals and metal products, electronics, machinery and scientific instruments, shipbuilding, pulp and paper, foodstuffs, chemicals, textiles, clothing
- Agricultural products
- milk, barley, oats, wheat, potatoes, sugar beets, pork, chicken, peas, rye (2023)
- Exports - partners
- USA 11%, Germany 11%, Sweden 10%, Netherlands 7%, China 5% (2023)
- Imports - partners
- Germany 14%, Sweden 12%, China 9%, Norway 8%, Netherlands 5% (2023)
Government
- Government type
- parliamentary republic
- Capital
- Helsinki
- Independence
- 6 December 1917 (from Russia)
- Constitution
- previous 1906, 1919; latest drafted 17 June 1997, approved by Parliament 11 June 1999, entered into force 1 March 2000
- Executive branch
- President Alexander STUBB (since 1 March 2024)
- Legislative branch
- Parliament (Eduskunta - Riksdagen)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
How to get help in an emergency? Contact the nearest US embassy or consulate, or call one of these numbers: from the US or Canada - 1-888-407-4747 or from Overseas - +1 202-501-4444
Page last updated: Wednesday, July 26, 2023