Responsible forest management requires accounting for adverse environmental effects, such as increased nutrient export to water courses. We constructed a spatially-distributed nutrient balance model NutSpaFHy that extends the hydrological model SpaFHy by introducing a grid-based nutrient balance sub-model and a conceptual solute transport routine to approximate total nitrogen (N) and phosphorus (P) export to streams. NutSpaFHy uses openly-available Multi-Source National Forest Inventory data, soil maps, topographic databases, location of water bodies, and meteorological variables as input, and computes nutrient processes in monthly time-steps. NutSpaFHy contains two calibrated parameters both for N and P, which were optimized against measured N and P concentrations in runoff from twelve forested catchments distributed across Finland. NutSpaFHy was independently tested against six catchments. The model produced realistic nutrient exports. For one catchment, we simulated 25 scenarios, where clear-cuts were located differently with respect to distance to water body, location on mineral or peat soil, and on sites with different fertility. Results indicate that NutSpaFHy can be used to identify current and future nutrient export hot spots, allowing comparison of logging scenarios with variable harvesting area, location and harvest techniques, and to identify acceptable scenarios that preserve the wood supply whilst maintaining acceptable level of nutrient export.