Finland’s import of Alumina during 2017-20 remains oscillating

In 2019, the share of agriculture in Finland's gross domestic product was 2.22%, the industry contributed approximately 23.97% and the services sector contributed about 60.35%.

The Northern European nation’s importation of alumina remained oscillating during 2017-19, as the import volume recorded was 8446 tonnes and the expenditure occurred during the importation remained at $10.87 million. The import for 2020 has been analysed to be at 3058 tonnes and expenditures to stand at $3.77 million. However, when the 2020 import volume and expenditures get assorted with the existing three years it exhibits 11,504 tonnes and $14.64 million respectively.

Finland’s import of alumina in 2017 remained at 1774 tonnes and the expenditures stood at $2.16 million, whereas in 2018 the import saw growth by 111.21%, as the import volume soared at 3747 tonnes and expenditures also climbed to $4.70 million.

In 2019, the import volume depicted downfall by 21.93%, as the import volume remained at 2925 tonnes and expenditures also dipped to $4.01 million.

The projected import volume for 2020 has been analysed with growth by 4.54%, as the import volume to rise and stand at 3058 tonnes, while expenditures to fall at $3.77 million.

Finland’s major trading nations for the importation of alumina are Belgium, UK, USA, Russia, Denmark, France, Germany, etc.

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