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

The Finland trade deficit widened to EUR 450 million in July 2018 from EUR 333 million in the same month a year earlier. Imports rose 7 percent to EUR 5.4 billion, led by purchases of oil and crude oil, metals and equipment. In contrast, import dropped for iron and steel products, machinery equipment and electrical equipment. Imports from non-EU countries went up 8 percent, while those from the EU rose 6 percent. Exports rose at a softer 5 percent to EUR 5 billion, driven by sales of oil refineries, pulp, paper and metals. On the other hand, exports of medical equipment fell. Exports to the EU increased 2 percent, mainly Sweden and Germany, and those to non-EU countries went up 8 percent, in particular China. Considering the first seven months of the year, the trade gap narrowed to EUR 1.2 billion from EUR 1.4 billion in the same period of 2017. Balance of Trade in Finland averaged 218.59 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
2018-07-09 06:00 AM Balance of Trade €-0.26B €0.19B €0.19B
2018-08-09 06:00 AM Balance of Trade €0.01B €-0.23B € -0.14B
2018-09-07 06:00 AM Balance of Trade €-0.45B €0.01B €-0.32B
2018-10-09 06:00 AM Balance of Trade €-0.45B €-0.27B
2018-11-07 07:00 AM Balance of Trade € -0.22B
2018-12-07 07:00 AM Balance of Trade €-0.17B


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -450.00 5.00 1749.00 -796.00 EUR Million [+]
Exports 4965.00 5405.00 6451.00 190.90 EUR Million [+]
Imports 5415.00 5400.00 5878.00 311.30 EUR Million [+]
Current Account 48.00 -175.00 1987.10 -1815.90 EUR Million [+]
Current Account to GDP 0.70 -0.30 8.20 -5.40 percent [+]
External Debt 423985.00 419335.00 478976.00 203416.00 EUR Million [+]
Terms of Trade 97.50 97.60 145.60 93.20 Index Points [+]
Capital Flows 398.00 2176.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-450.00 5.00 1749.00 -796.00 1975 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -444.59 Aug/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


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