Finland Balance of Trade  1975-2016 | Data | Chart | Calendar | Forecast

Finland recorded a trade deficit of 70 EUR million in September of 2016, compared to 93 EUR million gap in the prior year, preliminary estimates showed. It was the smallest trade gap since October 2015, as exports fell by 1.0 percent to slightly over 4,500 EUR million while imports also dropped by 1.0 percent to 4,600 EUR million. Exports to EU member states decreased by 1.0 percent while those to non-EU countries remained at the level of previous year. Imports from EU-countries rose 4 percent and imports from non-EU countries were down by 9 percent. In August 2016, trade deficit was upwardly revised to 462 EUR million. From January to September, trade deficit stood at 1,b00 EUR million, compared to a 93 EUR million gap in the same period a year earlier. Balance of Trade in Finland averaged 238.61 EUR Million from 1975 until 2016, reaching an all time high of 1749.00 EUR Million in November of 2002 and a record low of -795.40 EUR Million in December of 2012.

Finland Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-07 06:00 AM Jul €-245M €299M €-179.9M
2016-10-07 06:00 AM Aug €-455M €-273M €-182.8M
2016-11-07 07:00 AM Sep €-70M €-462M €-92.3M
2016-12-08 07:00 AM Oct €-70M €-56.6M
2017-01-06 07:00 AM Nov
2017-02-08 07:00 AM Dec




Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -70.00 -470.00 1749.00 -795.40 EUR Million [+]
Exports 4530.00 3940.00 6451.00 190.90 EUR Million [+]
Imports 4600.00 4410.00 5878.00 311.30 EUR Million [+]
Current Account -167.00 -166.00 2018.00 -1815.90 EUR Million [+]
Current Account to GDP 0.00 -1.70 8.20 -5.40 percent [+]
External Debt 469347.00 481120.00 490932.00 203416.00 EUR Million [+]
Terms of Trade 90.30 91.30 131.80 84.40 Index Points [+]
Capital Flows 267.00 -2248.00 6113.00 -10388.00 EUR Million [+]
Foreign Direct Investment 77342.00 64362.00 77342.00 5356.00 EUR Million [+]
Remittances 5.00 5.00 5.00 0.00 EUR Million [+]
Gold Reserves 49.14 49.14 49.14 49.05 Tonnes [+]
Weapons Sales 16.00 90.00 137.00 1.00 USD Million [+]
Terrorism Index 2.38 0.00 2.38 0.00 [+]



Finland Balance of Trade Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-70.00 -470.00 1749.00 -795.40 1975 - 2016 EUR Million Monthly



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