Evaluating the market in Finland

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Business environment in Finland

Finland is a wealthy OECD country with a strong commercial relationship with Canada. The country enjoys a stable, healthy, modern economy with a strong political system. As with most modern economies, trade is of high importance to Finland’s market. EDC sees excellent business and investment potential across a wide range of sectors in the market. Priority sectors include ICT, environment technologies and light manufacturing. Finland is ranked among the most prosperous nations in the world, with a highly-educated population, dynamic economy and friendly business environment. As the country is highly reliant on trade, growth in the European Union, mainly Germany and Sweden, will be a determinant for the medium-term outlook. The impact of Brexit on the country is expected to be limited. Canadian exports to Finland will continue to get a boost after the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) comes into effect. Finland ranks 10th out of 137 in the World Economic Forum’s Global Competitiveness Report, making it an attractive location for investment.



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