Finland Balance of Trade  1975-2018 | Data | Chart | Calendar | Forecast

Finland's trade deficit narrowed to EUR 335 million in December 2017 from EUR 537 million in the same month a year earlier, a preliminary estimate showed. Exports increased by 4 percent to EUR 4.7 billion, boosted by higher sales of cars, copper and basic chemicals. Among major trading partners, exports to the EU grew by 9 percent, in particular to Germany, Sweden, and the UK, while those to non-EU countries decreased by 1 percent, mainly the US, China and Russia. Meanwhile, imports were unchanged at EUR 5.0 billion. Purchases rose for motor vehicle parts, iron and steel products, and tobacco; but fell for oil and crude oil, nickel, and machinery equipment. Imports from the EU went up by 4 percent and those from non-EU countries dropped by 7 percent, in particular from Russia and the US. Considering full 2017, the trade deficit narrowed to EUR 2.5 billion from EUR 3.1 billion in 2016. Balance of Trade in Finland averaged 224.36 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-12-08 07:00 AM Balance of Trade €-0.12B €-0.21B €-0.3B
2018-01-08 07:00 AM Balance of Trade €-0.24B €-0.13B €-0.22B
2018-02-07 07:00 AM Balance of Trade €-0.335B €-0.242B €-0.47B
2018-03-09 07:00 AM Balance of Trade €-0.335B € -0.22B
2018-04-09 06:00 AM Balance of Trade € -0.2B
2018-05-08 06:00 AM Balance of Trade € -0.19B


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -335.00 -240.00 1749.00 -795.40 EUR Million [+]
Exports 4695.00 5250.00 6451.00 190.90 EUR Million [+]
Imports 5030.00 5490.00 5878.00 311.30 EUR Million [+]
Current Account -67.00 87.00 2018.00 -1815.90 EUR Million [+]
Current Account to GDP -1.40 -1.00 8.20 -5.40 percent [+]
External Debt 432565.00 430893.00 507063.00 203416.00 EUR Million [+]
Terms of Trade 86.50 87.20 131.80 84.40 Index Points [+]
Capital Flows 4172.00 -1119.00 6113.00 -10388.00 EUR Million [+]
Foreign Direct Investment 76591.00 74974.00 76591.00 5356.00 EUR Million [+]
Gold Reserves 49.14 49.14 49.14 49.05 Tonnes [+]
Terrorism Index 2.34 2.38 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

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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-335.00 -240.00 1749.00 -795.40 1975 - 2017 EUR Million Monthly




balance of trade by Country
Country Last
Australia -1358.00 Dec/17
Brazil 2768.44 Jan/18
Canada -3186.30 Dec/17
China 203.40 Jan/18
Euro Area 25414.60 Dec/17
France -3468.00 Dec/17
Germany 18226.00 Dec/17
India -16298.47 Jan/18
Indonesia -676.90 Jan/18
Italy 5253.08 Dec/17
Japan -943.42 Jan/18
Mexico -156.97 Dec/17
Netherlands 4104.00 Dec/17
Russia 13700.00 Dec/17
South Korea 3700.00 Jan/18
Spain -2050000.00 Dec/17
Switzerland 1323.45 Jan/18
Turkey -9206.19 Dec/17
United Kingdom -4896.00 Dec/17
United States -53118.00 Dec/17


Related

Latest