The Finnish Ministry of Defence (MoD) has reported a decrease in the value of realised defence exports for 2017.
According to the MoD, which has oversight of defence exports and licensing, Finland exported EUR106.4 million (USD125.6 million) worth of equipment in 2017: a decline from EUR133.3 million in 2016.
In a report released by the MoD on 7 June, the statistics revealed that key export products for the country’s industry included patrol boats, protective equipment, and aircraft components.
A total of 256 permanent export licences for defence materiel were issued, with Poland accounting for the largest amount of delivered defence equipment (EUR21.1 million), followed by Sweden (EUR17.1 million), Turkey (EUR13.6 million), and Oman (EUR11 million).
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