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

Author

Listed:
  • Ali-Yrkkö, Jyrki
  • Kuosmanen, Natalia

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.

Suggested Citation

  • Ali-Yrkkö, Jyrki & Kuosmanen, Natalia, 2023. "To What Extent Does Finland Engage in International Trade of Services?," ETLA Reports 142, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:report:142
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    File URL: https://www.etla.fi/wp-content/uploads/ETLA-Raportit-Reports-142.pdf
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    More about this item

    Keywords

    Comparison; Exports; Internationalization; Imports; Service;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L8 - Industrial Organization - - Industry Studies: Services

    NEP fields

    This paper has been announced in the following NEP Reports:

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