Finnish Commerce Federation

News

Circular trade has grown rapidly - does Chinese junk also threaten the second-hand market?

As many as 66 per cent of Finns and 81 per cent of people under the age of 30 have bought second-hand products during this year. In two years, the consumer market for circular trade has grown by 56 per cent to approximately EUR 1.4 billion. At the same time, however, Chinese junk, i.e. the selection of cheap online stores outside the EU, such as Temu and Shein, has also started to block the channels of circular trade. At worst, this threatens the implementation of the circular economy in commerce.

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The Finnish Commerce Federation is a nationwide commerce sector lobbying organisation whose mission is to promote Finnish commerce. We develop the cooperative action and operational preconditions of commerce companies and take care of our members’ business and employer benefits. We play a significant role in the labour market. The Finnish Commerce Federation negotiates the commerce sector’s collective labour agreements, resolves labour disputes and serves its members in employment affairs. We develop the cooperative action and operational preconditions of companies in the commerce sector.