Finland Trade Balance Shifts to Deficit

Finland’s trade deficit narrowed slightly to EUR 0.21 billion in December 2025 from EUR 0.22 billion a year earlier, according to preliminary estimates. Exports rose 0.4% year-on-year to EUR 6 billion, driven by a sharp 12.6% increase to non-EU countries. Among key partners, exports surged to Switzerland (176.2%), Australia (128.4%), United Kingdom (106.8%), India (60%), and Japan (48.3%). Meanwhile, imports also increased by 0.3% to EUR 6.2 billion, supported by a 3.6% rise in purchases from non-EU countries, led by Taiwan (362.5%), Brazil (59.5%), Switzerland (37%), and India (35.7%). For full-year 2025, Finland recorded a cumulative trade deficit of EUR 0.86 billion, narrowing sharply from EUR 2.7 billion in the previous year.

Finland recorded a trade deficit of EUR 0.30 billion in November 2025, swinging from a EUR 0.01 billion surplus a year earlier, according to preliminary estimates. Exports declined by 1.8% year-on-year to EUR 6.0 billion, weighed down by weaker shipments to EU countries (-4.6%). Export contractions were most pronounced to Latvia (-32%), the United States (-23.1%), Belgium (-22.6%), China (-21.8%), and Turkey (-21.6%). Meanwhile, imports rose 2.9% to EUR 6.34 billion, driven by stronger purchases from non-EU countries (+9.4%). Import growth was led by Taiwan (+291.7%), Brazil (+133.9%), Canada (+92%), India (+36.1%), and Turkey (+31.2%). Over January–November, Finland posted a cumulative trade deficit of EUR 0.54 billion, compared with a EUR 2.5 billion deficit in the same period last year.

Finland posted a trade surplus of EUR 0.16 billion in October 2025, shifting from a deficit of EUR 0.48 billion in the corresponding month last year, according to preliminary estimates. Exports climbed by 9% year-on-year to EUR 6.9 billion, driven by higher shipments to both EU (0.2%) and non-EU countries (22.8%). Among key trading partners, exports increased notably to Switzerland (173%), Russia (169.4%), Germany (6.4%), the US (30.2%), China (13.4%), and Poland (19.8%). Meanwhile, imports fell by 1% to EUR 6.74 billion, weighed down by decreased purchases from both EU (-0.2%) and non-EU countries (-1.8%). Imports rose mainly from the US (23.8%), Taiwan (257.3%), Brazil (113.2%), and the Netherlands (12.9%). Considering the January to October period, the country recorded a deficit of EUR 0.17 billion, narrowing sharply from EUR 2.5 billion in the corresponding period a year ago.