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Industry in Finland

From Wikipedia, the free encyclopedia

Industry in Finlandis the second largest sector ofEconomy of Finlandafter the service sector. The production of different branches was in 2013 as follows:[1]

  • metal industry 37%
  • chemical industry 26%
  • forest industry19%
  • food, alcohol,and tobacco industries 11%
  • other manufacturing 5%
  • mining 1.5%
  • textile and leather industry 0.7%.

Metal industry is divided to several branches. Finnish exports in 2014 included metals and metal products worth of 14.4%, machinery 12.8%, electronics 12% and vehicles 5.9%. Exports of electronics had decreased since the top years.[2]Shipbuilding (Valmet,Wärtsilä) has long traditions. It In 2014, there were eight shipyards in Finland. They employ 20 000 people and export 90% of their production.[3]Nokiaand its subcontractors in mobile phones have dominated electronics.

Chemical industry is providing roughly one quarter of Finland's industrial production and exports. It employs directly 34 000 people.[2][4]Neste Oilis the largest company in chemical industry.

Forest industry in Finland is at the moment providing a fifth of Finland's exports, a bit less of all industrial production and 15% of jobs. Its relative importance for Finnish economy has been decreasing significantly since the 1960s.[5][2]

References

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  1. ^Teollisuustuotanto 2013Retrieved 12 April 2016
  2. ^abc"Ulkomaankauppa".Mitä teemme(in Finnish). Confederation of Finnish Industries (EK). Archived fromthe originalon 1 April 2016.Retrieved12 April2016.
  3. ^"Marine industry in Finland".Meriteollisuus.Finnish Marine Industries.Retrieved12 April2016.
  4. ^HenkilöstöArchived2016-04-23 at theWayback MachineKemianteollisuus. Retrieved 12 April 2016
  5. ^Suomen metsäteollisuus numeroinaArchived2015-07-10 at theWayback MachineRetrieved 12 April 2016