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

Finland posted a trade deficit of EUR 260 million in May 2018, compared with a EUR 205 million surplus in the same month a year earlier. Imports rose by 3 percent to EUR 5.6 billion, boosted by higher purchases of crude oil and petroleum products, metal products, chemicals, electrical machinery and equipment, plastics and food products. Imports went up 3 percent from both EU and non-EU countries, as purchases rose from Russia, Germany and Denmark but fell from China, Poland and Norway. Meantime, exports dropped 5 percent to EUR 5.3 billion, largely explained by a decline in sales of cruise liners and airplanes. Exports also fell for oil and chemical products, medical devices and equipment and food products. Exports to the EU declined by 10 percent, while those to non-EU countries grew 3 percent. Considering the first five months of the year, the trade gap narrowed to EUR 785 million from EUR 990 million in the same period of 2017. Balance of Trade in Finland averaged 220.24 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
2018-05-08 06:00 AM Balance of Trade €-0.16B €-0.31B €-0.11B
2018-06-07 06:00 AM Balance of Trade €0.13B €-0.23B €-0.38B
2018-07-09 06:00 AM Balance of Trade €-0.26B €0.19B €0.19B
2018-08-09 06:00 AM Balance of Trade €-0.26B € -0.14B
2018-09-07 06:00 AM Balance of Trade €-0.32B
2018-10-09 06:00 AM Balance of Trade €-0.27B


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -260.00 185.00 1749.00 -796.00 EUR Million [+]
Exports 5305.00 5595.00 6451.00 190.90 EUR Million [+]
Imports 5565.00 5410.00 5878.00 311.30 EUR Million [+]
Current Account -519.00 -1593.00 1987.10 -1815.90 EUR Million [+]
Current Account to GDP 0.70 -0.30 8.20 -5.40 percent [+]
External Debt 423088.00 413332.00 496436.00 203416.00 EUR Million [+]
Terms of Trade 97.50 97.90 145.60 93.20 Index Points [+]
Capital Flows -9054.00 -5435.00 6113.00 -10388.00 EUR Million [+]
Foreign Direct Investment 76591.00 74974.00 76591.00 5356.00 EUR Million [+]
Gold Reserves 49.10 49.10 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-260.00 185.00 1749.00 -796.00 1975 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan 721.00 Jun/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -3050045.00 Apr/18
Switzerland 2255.00 May/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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