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

Finnish trade deficit narrowed to EUR 150 million in August of 2017 from EUR 481 million in the same month a year earlier, a preliminary estimate showed. Exports increased by 18 percent from a year earlier to EUR 4.7 billion, mainly due to higher sales of vehicles, machinery and equipment, forest products and metals. Among major trading partners, exports to EU member states grew by 21 percent and those to non-EU countries increased by 14 percent. Meanwhile, imports went up at a slower 9 percent to EUR 4.9 billion. Purchases from EU countries rose 10 percent and those from non-EU countries grew by 8 percent. Considering January to August 2017, the trade deficit narrowed to EUR 1.4 billion from EUR 2.0 billion in the same period of 2016. Balance of Trade in Finland averaged 228.30 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
2017-08-07 06:00 AM Balance of Trade €-65M €240M €275M
2017-09-07 06:00 AM Balance of Trade €-300M €-68M €-281M
2017-10-09 06:00 AM Balance of Trade €-0.15B €-0.29B €-270M
2017-11-07 07:00 AM Balance of Trade €-0.15B €-0.1B
2017-12-08 07:00 AM Balance of Trade


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -150.00 -280.00 1749.00 -795.40 EUR Million [+]
Exports 4725.00 4700.00 6451.00 190.90 EUR Million [+]
Imports 4875.00 4980.00 5878.00 311.30 EUR Million [+]
Current Account 233.00 251.00 2018.00 -1815.90 EUR Million [+]
Current Account to GDP -1.10 -0.60 8.20 -5.40 percent [+]
External Debt 419978.00 463528.00 490932.00 203416.00 EUR Million [+]
Terms of Trade 87.50 87.40 131.80 84.40 Index Points [+]
Capital Flows 1379.00 704.00 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 2.38 0.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-150.00 -280.00 1749.00 -795.40 1975 - 2017 EUR Million Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 670.00 Sep/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2918.00 Sep/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17