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

Finland's trade deficit rose to €455 million in January 2017 from €430 million in the same month of the preceding year, a preliminary estimate showed. Exports rose 27.2 percent year-on-year to €4.56 billion billion, led by higher sales of refined products, metals and electrical machinery. Exports to the EU, mainly to the Netherlands, went up 26 percent; and those to countries outside the EU, mainly to China and Russia, rose by 29 percent. Meanwhile, imports went up 24.9 percent to €5.02 billion, as purchases of crude oil and refined oil products, machinery and equipment, transport equipment and chemical products rose the most. Imports from the EU went up 8 percent despite a fall in purchases from the UK; and imports from outside the EU jumped 51 percent, mainly from Russia. Balance of Trade in Finland averaged 233.66 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)
2017-01-09 07:00 AM Nov €-150M €-190M €-140M
2017-02-07 07:00 AM Dec €-530M €-150M €-180M
2017-03-10 07:00 AM Jan €-455M €-509M €-580M
2017-04-07 06:00 AM Feb €-455M
2017-05-08 06:00 AM Mar
2017-06-07 06:00 AM Apr




Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -455.00 -509.00 1749.00 -795.40 EUR Million [+]
Exports 4560.00 4475.00 6451.00 190.90 EUR Million [+]
Imports 5015.00 4985.00 5878.00 311.30 EUR Million [+]
Current Account 22.00 -562.00 2018.00 -1815.90 EUR Million [+]
Current Account to GDP 0.00 -1.70 8.20 -5.40 percent [+]
External Debt 465788.00 463235.00 490932.00 203416.00 EUR Million [+]
Terms of Trade 86.90 88.10 131.80 84.40 Index Points [+]
Capital Flows 11842.00 5000.00 11842.00 -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 [+]
Terrorism Index 2.38 0.00 2.38 0.00 [+]
Weapons Sales 16.00 90.00 137.00 1.00 USD Million [+]



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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-455.00 -509.00 1749.00 -795.40 1975 - 2017 EUR Million Monthly



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Madagascar 20810.00 Dec/16
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Netherlands 4582.00 Jan/17
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