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

Finland's trade deficit narrowed to EUR 285 million in February 2018 from EUR 295 million in the same month a year earlier, a preliminary estimate showed. Exports increased 9 percent to EUR 4.8 billion, boosted by higher sales of forest industry products, paper pulp, passenger cars, petroleum products, nickel, copper and ore. By contrast, exports of machinery and equipment fell the most, followed by iron and steel. Among trading partners, exports to the EU grew 7 percent, in particular to Germany, while those to non-EU countries they jumped 12 percent, mainly to the US and China. Meanwhile, imports rose at a slower 8 percent to EUR 5.1 billion, as purchases increased sharply for metal, ores, crude oil and passenger cars. Imports from the EU went up 8 percent and those from non-EU countries increased also by 8 percent. Considering January to February, the trade deficit narrowed to EUR 445 million from EUR 835 million in the same period of 2017. Balance of Trade in Finland averaged 222.36 EUR Million from 1975 until 2018, reaching an all time high of 1749 EUR Million in November of 2002 and a record low of -796 EUR Million in December of 2012.

Finland Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-07 07:00 AM Balance of Trade €-0.335B €-0.242B €-0.47B
2018-03-09 07:00 AM Balance of Trade €-0.15B €-0.341B €-0.42B
2018-04-09 06:00 AM Balance of Trade €-0.28B €-0.16B €-0.32B
2018-05-08 06:00 AM Balance of Trade €-0.28B €-0.11B
2018-06-07 06:00 AM Balance of Trade €-0.38B
2018-07-09 06:00 AM Balance of Trade €0.19B


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -285.00 -160.00 1749.00 -796.00 EUR Million [+]
Exports 4770.00 5200.00 6451.00 190.90 EUR Million [+]
Imports 5055.00 5360.00 5878.00 311.30 EUR Million [+]
Current Account 252.00 379.00 2873.00 -1874.00 EUR Million [+]
Current Account to GDP 0.70 -0.30 8.20 -5.40 percent [+]
External Debt 413332.00 425670.00 496436.00 203416.00 EUR Million [+]
Terms of Trade 97.40 97.10 145.60 93.20 Index Points [+]
Capital Flows -924.00 681.00 6100.00 -10400.00 EUR Million [+]
Foreign Direct Investment 76591.00 74974.00 76591.00 5356.00 EUR Million [+]
Gold Reserves 49.10 49.14 49.14 49.05 Tonnes [+]
Terrorism Index 2.34 2.38 2.38 0.00 [+]
Weapons Sales 58.00 66.00 137.00 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-285.00 -160.00 1749.00 -796.00 1975 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 3215.34 Feb/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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