Finland’s export of aluminium cans during 2018-21 unveils a sharp growth trailed by constant downfall
The economic freedom score of Finland is 76.1, making its economy the 17th freest in the 2021 Index. Finland’s overall score has increased by 0.4 points, majorly due to improvement in the government spending score. The Finnish economy continues to reap its results from high levels of economic freedom.
The third most prosperous country in the world, Finland exported 23,886 tonnes of aluminium cans during 2018-20 and the revenue generated from the export counted to $89.02 million.
Finland exported 4295 tonnes of aluminium cans in 2018 and the earnings generated from the export was $16.18 million, whereas, in 2019 the export unveiled a sharp growth of 144.61%, as the export volume escalated to 10,506 tonnes and the earnings also leapt to $36.98 million.
In 2020, Finland recorded 9085 tonnes export of aluminium cans, which signifies a decline of export volume by 13.52% and the earnings also slipped to $35.86 million.
The export of aluminium cans in 2021 has been analysed with a further downfall by 7.06%, as the export volume is expected to plunge and remain at 8443 tonnes, while the earnings will stand at $32.46 million.
The major trading destinations for Finland’s export of aluminium cans are Argentina, Brazil, Denmark, Estonia, Latvia, Netherlands, Norway, Sweden, Poland, etc.
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