Measuring the Resilience of Nordic Global Value Chains

This project aims to provide new statistical evidence on the resilience and potential vulnerabilities of Nordic value chains and to support future policy decisions that strengthen the position of Nordic businesses in a changing global economy.

The project will identify which industries are most exposed, which countries and regions they depend on, and how foreign ownership and complex supply chains affect resilience. It will also examine regional differences within the Nordics and dig deeper into tier-2 suppliers to uncover hidden risks. Using harmonized microdata from all five Nordic countries, the project will develop common methods to analyze import patterns, domestic sourcing, and risk factors. This includes updating shared Nordic databases, producing statistical models, and publishing reports with actionable recommendations for policymakers and businesses.

The work will be carried out by the five Nordic national statistical institutes—Statistics Denmark, Statistics Finland, Statistics Norway, Statistics Sweden, and Statistics Iceland—in cooperation with ETLA, the Research Institute of the Finnish Economy.

Statistics Denmark will coordinate the project, while ETLA will lead the final analysis and reporting. 

The project runs from October 2024 to March 2026 and will deliver a clear picture of the Nordic region’s strengths and weaknesses in global value chains, enabling better policy decisions, strategies for supply security, and improved competitiveness and resilience for Nordic industries.