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.