Your export guide to
Finland

A Nordic Investment Paradise

Finland’s geographical location puts it at the centre of three expanding markets: the Baltic countries, Scandinavia, and Russia. The country also benefits from a workforce that is both experienced and extremely well-educated. Most Fins under thirty speak English, and Swedish and Russian are also widely spoken. In fact, in 2015, the World Economic Forum estimated that Finland had the best human capital in the world. And since their speeding tickets are calculated on their income, Fins are probably also the best drivers there are…

Investors interested in superior digital connectivity will also find there an ultra-fast cable that runs between Finland and Germany, one of the fastest in the world. The Arctic Connect project also explores the possibility of using the Northeast Passage to build a digital bridge between Europe and Asia, positioning Finland as the primary data gateway between the East and the West. It’s no surprise that, in 2010, Finland was the first country ever to declare access to the Internet as a legal right.

Foreign investors interested in setting up operations in Finland should, however, be aware of some challenges, mainly related to high tax rates, regulatory red tape, and inflexible labour laws. But the country needs to attract more investments and the government has, in the past years, made progress in eliminating discriminatory regulations. Many foreign companies have established themselves in Finland for the long term, with high return on investment. In this Getting to Global guide, we will guide you through the process of reaching Finland’s consumers, successfully making sales on ecommerce channels, and getting your products to reach the desired consumers.

Population:

5.5 million

GDP:

$238.5 billion

Ease of doing business index

13th

Household income

$34,615

Learn how to get ready to sell your products to Finland