Finland's Ministry of Defence (Puolustusministeriö) reports that the value of completed defence exports amounted to approximately 702 million euros in 2025, an increase of 241 per cent compared to 2024 and the highest value ever recorded.
Finland's Ministry of Defence announces that the ministry granted a total of 479 permanent export licences and transfer licences for defence materiel during 2025. The combined value of licences granted amounted to 930 million euros, which the ministry states is the second highest value ever recorded. The corresponding figure for 2024 was 1.4 billion euros.
The three countries receiving export licences of the highest value were Denmark (195 million euros), Sweden (172 million euros), and Spain (121 million euros). Licences to Denmark related to ground vehicles in 99 per cent of cases. Licences to Sweden covered firearms and ground vehicles. Licences to Spain covered software for software-defined radio systems and associated technology.
For completed exports, the three largest recipient countries were Sweden (182 million euros), Japan (107 million euros), and Latvia (81 million euros). Exports to Sweden consisted primarily of ground vehicles and small arms for military use. Exports to Japan and Latvia consisted largely of ground vehicles. By region, 73 per cent of exports went to Europe and 16 per cent to Northeast Asia.
The ministry states that the annual report covers commercial exports only and does not include Finnish defence materiel assistance provided to Ukraine as international aid. For commercial exports to Ukraine, 23 licences were granted with a combined value of approximately 57 million euros.