Finland's trade deficit increased to EUR 600 million in June of 2022 from EUR 285 million in the same month a year earlier. The reading marked the ninth straight month of trade gap, as exports rose less than imports, amid surging energy prices, preliminary data showed. Imports soared by 29.7% year-on-year to EUR 7.8 billion, as arrivals jumped from both the EU countries (15.6%) and non-EU countries (52.6%), while shipments grew 25.6% to EUR 7.2 billion, with sales climbing for both the EU countries (33.2%) and non-EU countries (16.4%). Considering the first half the year, the trade gap widened sharply to EUR 6.3 billion from EUR 1.9 billion a year earlier. source: Statistics Finland
Balance of Trade in Finland averaged 174.37 EUR Million from 1975 until 2022, reaching an all time high of 1749.60 EUR Million in November of 2002 and a record low of -1396 EUR Million in March of 2022. 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 August of 2022.
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 2023 and -380.00 EUR Million in 2024, according to our econometric models.