Finland posted a trade surplus of EUR 100 million in September 2021, shifting from a deficit of EUR 445.1 million in the same month of the previous year. It was the first surplus in trade balance since last December, amid further recovery in global demand, a preliminary estimate showed. Exports jumped 32.2 percent to EUR 6.5 billion, boosted by sales of paper and cardboard, pulp, electrical machinery and equipment, petroleum products. Among major trade partners, increases were seen in exports to Germany, Sweden, Russia, China, the Netherlands, the UK and the US. Meanwhile, imports grew at a softer 19.4 percent to EUR 6.4 billion, as purchases increased for petroleum products, industrial machinery and equipment, ores and metals. Imports rose from China, Sweden, Germany, Russia and the Netherlands, but declined from the UK. Considering the first nine months of the year, the trade deficit narrowed to EUR 2.7 billion from EUR 3.0 billion in the same period of 2020. source: Statistics Finland
Balance of Trade in Finland averaged 190.43 EUR Million from 1975 until 2021, reaching an all time high of 1749.60 EUR Million in November of 2002 and a record low of -795.40 EUR Million in December of 2012. This page provides - Finland Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Balance of Trade in Finland is expected to be -330.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Balance of Trade is projected to trend around -330.00 EUR Million in 2022 and -380.00 EUR Million in 2023, according to our econometric models.