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

Finnish trade deficit narrowed sharply to EUR 120 million in October of 2017 from EUR 256 million in the same month a year earlier, a preliminary estimate showed. It was the smallest trade gap since June, as exports rose more than imports. Exports increased by 17 percent from a year earlier to EUR 5.3 billion. Among major trading partners, exports to EU member states grew by 22 percent and those to non-EU countries increased by 10 percent. Meanwhile, imports went up at a slower 13 percent to EUR 5.4 billion. Purchases from EU countries rose 16 percent and those from non-EU countries expanded by 9 percent. Considering January to October 2017, the trade deficit narrowed to EUR 1.8 billion from EUR 2.3 billion in the same period of 2016. Exports went up 16 percent while imports rose slower by 14 percent. Exports to EU member states went up by 17 percent while those to non-EU increased by 13 percent. Imports from EU member rose 10 percent while those from non-EU jumped 20 percent. Balance of Trade in Finland averaged 226.77 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 TEForecast
2017-10-09 06:00 AM Balance of Trade €-0.15B €-0.29B €-270M
2017-11-07 07:00 AM Balance of Trade €-0.21B €-0.21B €-0.1B
2017-12-08 07:00 AM Balance of Trade €-0.12B €-0.21B €-0.3B
2018-01-08 07:00 AM Balance of Trade €-0.12B
2018-02-07 07:00 AM Balance of Trade
2018-03-09 07:00 AM Balance of Trade


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -120.00 -213.00 1749.00 -795.40 EUR Million [+]
Exports 5300.00 4955.00 6451.00 190.90 EUR Million [+]
Imports 5400.00 5165.00 5878.00 311.30 EUR Million [+]
Current Account 79.00 233.00 2018.00 -1815.90 EUR Million [+]
Current Account to GDP -1.10 -0.60 8.20 -5.40 percent [+]
External Debt 439635.00 458935.00 507063.00 203416.00 EUR Million [+]
Terms of Trade 87.70 87.40 131.80 84.40 Index Points [+]
Capital Flows 6099.00 1379.00 6113.00 -13232.00 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 2.34 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-120.00 -213.00 1749.00 -795.40 1975 - 2017 EUR Million Monthly




balance of trade by Country
Country Last
Australia 105.00 Oct/17
Brazil 3545.75 Nov/17
Canada -1474.50 Oct/17
China 402.10 Nov/17
Euro Area 26364.90 Sep/17
France -4956.00 Oct/17
Germany 18900.00 Oct/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -2066.00 Oct/17
Netherlands 5157.00 Oct/17
Russia 9832.00 Oct/17
South Korea 7800.00 Nov/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -7324.23 Oct/17
United Kingdom -1405.00 Oct/17
United States -48731.00 Oct/17