Finland's trade deficit increased to EUR 900 million in April of 2022 from EUR 265 million in the same month a year earlier, due to a jump in imports, amid soaring energy prices, preliminary data showed. The reading also marked the seventh straight month of trade gap, as exports rose less than imports. Imports surged by 33.1% year-on-year to EUR 7.5 billion, as arrivals grew from both the EU countries (18.2%) and non-EU countries (56.4%), while shipments went up 22.9% to EUR 6.6 billion, with sales rising for both the EU countries (33.3%) and non-EU countries (10.5%). Considering the first four months of the year, the trade gap widened sharply to EUR 4.3 billion from EUR 1.4 billion a year earlier. source: Statistics Finland

Balance of Trade in Finland averaged 178.55 EUR Million from 1975 until 2022, reaching an all time high of 1749.60 EUR Million in November of 2002 and a record low of -1200 EUR Million in March of 2022. This page provides - Finland Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Balance of Trade in Finland is expected to be -330.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Balance of Trade is projected to trend around -330.00 EUR Million in 2023 and -380.00 EUR Million in 2024, according to our econometric models.

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Finland Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-05-06 06:00 AM Mar €-1.2B €-1.078B € -0.33B
2022-06-07 06:00 AM Apr €-0.9B €-1.4B €-1.1B
2022-07-06 06:00 AM May €-0.9B


Related Last Previous Unit Reference
Balance of Trade -900.00 -1396.00 EUR Million Apr 2022
Current Account -2286.00 -1222.00 EUR Million Apr 2022
Imports 7500.00 8339.00 EUR Million Apr 2022
Exports 6600.00 6943.00 EUR Million Apr 2022
External Debt 588467.00 515670.00 EUR Million Mar 2022
Terms of Trade 100.60 98.80 points Apr 2022
Capital Flows -3941.00 -2048.00 EUR Million Apr 2022
Foreign Direct Investment 73758.00 76394.00 EUR Million Dec 2020
Tourist Arrivals 104190.00 205926.00 Jan 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-900.00 -1396.00 1749.60 -1396.00 1975 - 2022 EUR Million Monthly

News Stream
Finnish Trade Deficit Widens in April
Finland's trade deficit increased to EUR 900 million in April of 2022 from EUR 265 million in the same month a year earlier, due to a jump in imports, amid soaring energy prices, preliminary data showed. The reading also marked the seventh straight month of trade gap, as exports rose less than imports. Imports surged by 33.1% year-on-year to EUR 7.5 billion, as arrivals grew from both the EU countries (18.2%) and non-EU countries (56.4%), while shipments went up 22.9% to EUR 6.6 billion, with sales rising for both the EU countries (33.3%) and non-EU countries (10.5%). Considering the first four months of the year, the trade gap widened sharply to EUR 4.3 billion from EUR 1.4 billion a year earlier.
2022-06-07
Finnish Trade Surplus Hits New Peak
Finland's trade deficit jumped to a new record high of EUR 1.2 billion in March of 2022 from EUR 295 million in the same month a year earlier, due to a surge in imports, amid soaring energy prices, preliminary data showed. The reading also marked the sixth straight month of trade gap, as exports grew less than imports. Imports jumped by 33.4% year-on-year to EUR 8.2 billion, as arrivals rose from both the EU countries (19.1%) and non-EU countries (55.4%), while shipments rose 19.9% to EUR 7.0 billion, with sales rising for both the EU countries (30.5%) and non-EU countries (7.2%). Considering the first three months of the year, the trade gap increased strongly to EUR 3.2 billion from EUR 1.1 billion a year earlier.
2022-05-06
Finnish Trade Deficit Hits Record Peak
Finland's trade deficit widened sharply to EUR 1.1 billion in February of 2022 from EUR 450 million in the same month a year earlier, preliminary data showed. This was the fifth straight month of trade gap and the largest deficit since the series began in 1997, as exports rose less than imports. Imports grew by 28.1% year-on-year to EUR 6.8 billion, as arrivals rose from both the EU countries (14.0%) and non-EU countries (48.6%), while shipments expanded 17.5% at a softer to EUR 5.7 billion, with sales rising for both the EU countries (19.4%) and non-EU countries (15.0%). Considering the first two months of the year, the trade gap increased strongly to EUR 2.0 billion from EUR 0.8 billion a year earlier.
2022-04-05