Finland Balance of Trade  1975-2017 | Data | Chart | Calendar | Forecast

Finland posted a trade deficit of EUR 65 million in June 2017, compared with a EUR 235 million surplus in the same month a year earlier, the preliminary estimate showed. Imports went up 9 percent from the previous year to EUR 5.14 billion, boosted by higher purchases of electrical machinery and equipment, ores, tobacco products and metals. Imports from EU-countries increased by 10 percent and those from non-EU countries rose by 5 percent. Meanwhile, exports increased at a slower 2 percent to EUR 5.08 billion, due to higher sales of industrial machinery and equipment, metals, chemicals and vehicles. Exports to EU member states were unchanged from the previous year while those to non-EU countries increased by 7 percent. Considering the first half of the year, the trade deficit narrowed to EUR 0.9 billion from EUR 1.1 billion in the same period a year earlier. Balance of Trade in Finland averaged 230.20 EUR Million from 1975 until 2017, reaching an all time high of 1749 EUR Million in November of 2002 and a record low of -795.40 EUR Million in December of 2012.

Finland Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-07 06:00 AM Apr €-325M €75M €-212M
2017-07-07 06:00 AM May €290M €-353M €-245M
2017-08-07 06:00 AM Jun €-65M €240M €275M
2017-09-07 06:00 AM Jul €-65M
2017-10-09 06:00 AM Aug
2017-11-07 07:00 AM Sep


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -65.00 240.00 1749.00 -795.40 EUR Million [+]
Exports 5075.00 5570.00 6451.00 190.90 EUR Million [+]
Imports 5140.00 5330.00 5878.00 311.30 EUR Million [+]
Current Account -297.00 1221.00 2018.00 -1815.90 EUR Million [+]
Current Account to GDP -1.10 -0.60 8.20 -5.40 percent [+]
External Debt 419978.00 463528.00 490932.00 203416.00 EUR Million [+]
Terms of Trade 87.60 87.70 131.80 84.40 Index Points [+]
Capital Flows -4158.00 -7048.00 6113.00 -10388.00 EUR Million [+]
Foreign Direct Investment 74154.00 75753.00 75753.00 5356.00 EUR Million [+]
Remittances 5.00 5.00 5.00 0.00 EUR Million [+]
Gold Reserves 49.14 49.14 49.14 49.05 Tonnes [+]
Terrorism Index 2.38 0.00 2.38 0.00 [+]
Weapons Sales 66.00 23.00 137.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Finland Balance of Trade Notes

International trade makes a third of Finland’s GDP. Finnish principal exports are: telecommunications equipment, passenger cars and forestry products and paper and paperboard. Finnish principal imports are food stuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics and grains. European Union makes 55 percent of the total trade. The largest trade flows are with Germany, Russia, Sweden, China and U.S. This page provides - Finland Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-65.00 240.00 1749.00 -795.40 1975 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17