Ecommerce in Finland
Finland is a country in the Nordics, which joined the Euro in 1999. It’s also a member of the European Union since 1995. Finland is known for its high quality education, social welfare and the overall happiness of its inhabitants. Here’s everything you need to know about ecommerce in Finland.
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|Population||5.6 million people (2021)|
|– % internet users||96%|
|Online sales||€11.8 billion (2020)|
|Online stores worth mentioning:||Komplett.no, Elkjøp, Kolonial.no|
- Ecommerce events in Finland
- Ecommerce customers in Finland
- The ecommerce market in Finland
- Big online stores in Finland
- Latest ecommerce news from or about Finland
Ecommerce events in Finland
Every year there are several ecommerce events being organized in Finland. We have a handy ecommerce events calendar, where you can find all the major online retail events in Europe. But you can also check out only the ecommerce events in Finland.
Ecommerce customers in Finland
In Finland, 92 percent of the population used the internet in the past three months, while 82 percent usually use the internet several times a day. And 54 percent of Finnish people shop online, data from Statistics Finland shows. In 2020, 17 percent of Finns ordered food online.
PAYMENT METHODS – When it comes to paying for the goods bought online, Finnish consumers preset to use online banking, card, invoice, and PayPal. With 38 percent, online banking is clearly the most preferred payment method, with card occupying second place at 26 percent. Invoice (13 percent) and PayPal (10 percent) are slightly less popular, but should still be considered by online retailers active in Finland.
The ecommerce market in Finland
Based on estimates by Nets, ecommerce in Finland was worth 11.8 billion euros in 2020. According to Finnish Commerce Foundation however, consumers in Finland made digital retail purchases in the domestic and international market totaling 4.5 billion euros in 2019, a growth of 12 percent.
PRODUCT CATEGORIES – The most popular product categories are consumer electronics (22 percent), clothing (15 percent), DIY, garden & pets (12 percent), interior decoration & household goods (9 percent), and home appliances (8 percent).
Big online stores in Finland
Latest news about Finland
PostNord invests significantly in parcel boxes in Sweden, Denmark, Norway, and Finland. The logistics company wants to have more than 12,500 of its own parcel boxes in the Nordics before the end of 2022. And after that, investments in additional parcel boxes are planned.
Amazon seller acquisition companies are everywhere. And now there’s also one in Finland: eBrands. This company even says it’s the only Amazon FBA brand aggregator based in the Nordics. eBrands acquires brands in both Europe and the US.
Posti will open the largest parcel locker space in Europe. On March 12, the current space in the Munkkivuori shopping center in Helsinki will be turned into an OmaPosti kiosk, while the number of available lockers will be doubled.
Finnish postal and logistics service provider Posti will invest over 100 million euros in its growth. The company follows a new strategy, which is all about parcels and flows of goods. It wants to focus more on parcel traffic and logistics in Finland, Sweden and the Baltics.
Posti predicts a record peak season in ecommerce. That’s why the Finnish postal and logistics service provider will deliver parcels to the most popular pickup points seven days a week. It has also opened a temporary network of 200 pickup points.
Read all our articles about ecommerce in Finland.
Last update: May 2021