‘A return to Pulp-Finland’ & the current balance of trade

It is quite difficult to describe the various reactions to the sale of Nokia (or big parts of it) to Microsoft. One reaction in Tekniikka&Talous is that ‘Finland is going back from Electronics-Finland to Pulp-Finland.’

This is rather a short-cut, and given the many direct and indirect off-shoots from Nokia in the broad electronics sector, from Rovio to Jolla quite probably nonsense.

But the point the article wants to make is a valid one: the growth and size of pulp-exports is not insignificant. Still, it is much smaller than the electronics numbers from the ‘good’ period. Metals-exports on the other hand experienced a decline thanks to declining world prices.

This preliminary graph shows that the Finnish trade balance has moved in surplus again,

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