Finland Balance of Trade  1975-2017 | Data | Chart | Calendar | Forecast

Finland's trade deficit fell sharply to EUR 10 million in March 2017 from EUR 290 million in the same month of the prior year, a preliminary estimate showed. It was the smallest trade gap since July 2015, as exports rose more than imports. Year-on-year, sales jumped by 17 percent to EUR 5.21 billion, as sales rose mainly for electrical machinery and equipment, steel and refined oil products. Exports to the EU countries went up by 15 percent and those to countries outside the EU surged 20 percent. Imports went up 10 percent to EUR 5.22 billion, due to higher purchases of iron, steel and crude oil. Considering January to March 2017, the trade deficit narrowed to EUR 715 million from EUR 905 million in the same period a year earlier. Balance of Trade in Finland averaged 232.05 EUR Million from 1975 until 2017, reaching an all time high of 1749 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)
2017-03-10 07:00 AM Jan €-455M €-509M €-580M
2017-04-07 06:00 AM Feb €-280M €-447M €-202M
2017-05-08 06:00 AM Mar €-10M €-236M €-307M
2017-06-07 06:00 AM Apr €-10M
2017-07-07 06:00 AM May
2017-08-07 06:00 AM Jun




Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -10.00 -240.00 1749.00 -795.40 EUR Million [+]
Exports 5205.00 4380.00 6451.00 190.90 EUR Million [+]
Imports 5215.00 4620.00 5878.00 311.30 EUR Million [+]
Current Account -76.00 -25.00 2018.00 -1815.90 EUR Million [+]
Current Account to GDP 0.00 -1.70 8.20 -5.40 percent [+]
External Debt 419978.00 463528.00 490932.00 203416.00 EUR Million [+]
Terms of Trade 86.60 86.90 131.80 84.40 Index Points [+]
Capital Flows -1918.00 -1927.00 8544.00 -10388.00 EUR Million [+]
Foreign Direct Investment 74154.00 75753.00 75753.00 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 66.00 23.00 137.00 1.00 USD Million [+]
Terrorism Index 2.38 0.00 2.38 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-10.00 -240.00 1749.00 -795.40 1975 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17