1. Current situation and future aspects of the Finnish metal industry
ACFTU delegation visit
Head of research department Jorma Antila

2. Finland in figures 2008 Population 5 326 000 Workforce 2 531 000
Gross domestic product 186,2 billion €
GDP per inhabitant €
Export 44 % of GNP
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3. The development of the trade with China, The share of the import from China and export to China
Source: National Board of customs
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4. Gross domestic product by industry, %
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5. Share of value added by industry, %
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6. Manufacture of basic metals
Value added 2 billion € (2008)
Personnel
Companies: Outokumpu Rautaruukki Ovako Componenta
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7. Manufacture of fabricated metal products
Value added 3 billion € (2008)
Personnel
Companies: Fiskars Rettig
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8. Manufacture of machinery and equipment
Value added 5 billion €
Personnel
Companies: Kone Metso Wärtsilä Konecranes
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9. Manufacture of electrical and optical equipment
Value added 9 billion €
Personnel
Companies: Nokia ABB Polar Suunto Vaisala
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10. Manufacture of transport equipment
Value added 1 billion €
Personnel
Companies: STX Finland Cruise Valmet Automotive
Sisu Trucks
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11. Metalindustry total 2008 Value added 20 billion € , 11 % of GDP
Personnel
About 70 % of production is exported
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12. The share of exports of Finnish metal industry by region, %
Source: National Board of customs
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13. The main trading partnes for the Finnish metal industry, year 2008
The share of total export 2008, %
Sweden
8,6
Germany
8,5
Netherlands
6,7
United States
6,6
Russia
6,3
United Kingdom
5,1
Italy
4,8
China
4,6
France
3,4
Euro zone
30,9
EU total
53,3
Source: National Board of customs
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14. Gross domestic product, volumes; Percentage change q/q-1 (SA)
Source: Eurostat
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15. Metalli/Tutkimus/JA

16. Value of exports in Metal industry monthly, Mill. euros
Source: National Board of customs
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17. Annual change in turnover in metal industry and in manufacturing during 04/2009-06/2009, %
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18. Index of turnover in metal industry (2005=100), Trend latest observation 6/2009
Source: Statistics Finland
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19. Metal
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20. Metal
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21. Outlook for the Finnish metalindustry
The present recession is caused by decline in foreing demand, it is not a problem of lost competitiveness
The recovery will start when the international economy revives, which is expected to happen at the end of this year.
Internatiobal recovery will be slow
This year and also at least the first quarter of 2010 will be difficult for Finnish metalindustry
About metalworkers are laid off, most of them temporary and only for short periods
There will be more lay offs during autumn and winter
Finnish metalindustry will recover, but it takes time
Metalli/Tutkimus/JA