The business environment in Finland is one of the most accommodating in the European Union. A strong proponent of free trade, its highly industrialized, largely free-market economy derives over one third of its GDP from exports. Prominent export driven industries include telecommunications, electronics, forestry, chemicals, machinery, vehicles and other engineered metal products. Making it even more reliant on foreign trade is the fact that, except for timber and several minerals, Finland depends on imports of raw materials and energy. The largest trade flows are with Germany, Russia, Sweden, the United States, the United Kingdom, Netherlands and China.