regional excellence

29.06.2021 blog

Regional differences in micro-enterprise exports and growth opportunities – Reviewing Europe, the Baltic Sea region and Finland

The exports of goods by Finnish micro-enterprises* are modest in relation to other European small advanced economies (ESAEs), and especially compared to our neighbours Sweden and Norway. However, this challenge provides us with natural opportunities for economic growth if our goal is to reach the level of our neighbours. For example, with Estonia's average export volume per capita, Finnish micro-enterprises would generate an increase of EUR 5.1 billion in exports of goods and, at the Swedish level, up to EUR 9.6 billion compared to the 2018 level.