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

Jyrki Ali-Yrkkö and Natalia Kuosmanen

No 142, ETLA Reports from The Research Institute of the Finnish Economy

Abstract: 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.

Keywords: Comparison; Exports; Internationalization; Imports; Service (search for similar items in EconPapers)
JEL-codes: F14 L8 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2023-11-30
New Economics Papers: this item is included in nep-eec, nep-eur and nep-int
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