Finland Trade Deficit More Than Doubles

2026-03-12 07:28 By Czyrill Jean Coloma 1 min. read

Finland's trade deficit widened sharply to EUR 0.55 billion in January 2026, more than doubling from EUR 0.27 billion in the same month a year earlier, according to preliminary estimates.

Imports rose 8.4% year-on-year to EUR 6.4 billion, primarily driven by higher purchases from EU member states, which increased 2.8% to EUR 3.6 billion, while imports from non-EU countries surged 16.4% to EUR 2.8 billion.

It should be noted that imports from EU countries are now compiled using a new methodology starting January 2026, so only total values are comparable with those of 2025.

Finnish Customs will not publish other annual change data for 2026.

Meanwhile, exports grew 3.7% to EUR 5.9 billion, supported mainly by rising sales to non-EU markets, which jumped 11.6% to EUR 2.6 billion, led by China (3.4%) and the US (47.5%).

In contrast, exports to EU countries fell 1.8% to EUR 3.3 billion, weighed down by declines in shipments to the Netherlands (-24.9%) and Belgium (-28.5%).



News Stream
Finland Trade Deficit More Than Doubles
Finland's trade deficit widened sharply to EUR 0.55 billion in January 2026, more than doubling from EUR 0.27 billion in the same month a year earlier, according to preliminary estimates. Imports rose 8.4% year-on-year to EUR 6.4 billion, primarily driven by higher purchases from EU member states, which increased 2.8% to EUR 3.6 billion, while imports from non-EU countries surged 16.4% to EUR 2.8 billion. It should be noted that imports from EU countries are now compiled using a new methodology starting January 2026, so only total values are comparable with those of 2025. Finnish Customs will not publish other annual change data for 2026. Meanwhile, exports grew 3.7% to EUR 5.9 billion, supported mainly by rising sales to non-EU markets, which jumped 11.6% to EUR 2.6 billion, led by China (3.4%) and the US (47.5%). In contrast, exports to EU countries fell 1.8% to EUR 3.3 billion, weighed down by declines in shipments to the Netherlands (-24.9%) and Belgium (-28.5%).
2026-03-12
Finland Trade Gap Narrows in December
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.
2026-02-05
Finland Trade Balance Shifts to Deficit
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.
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