The Finnish trade deficit increased to EUR 410 million in November of 2021 from EUR 241 million in the same month a year earlier, preliminary data showed. Exports grew by 30.9% yoy to EUR 6.5 billion, with sales increasing from both the EU countries (33.7%) and non-EU countries (27.2%). Meantime, imports expanded at a faster 32.7% to EUR 6.9 billion, as arrivals rose from both the EU countries (24.9%) and non-EU countries (44.3%). Considering the first eleven months of the year, the trade gap in Finland amounted to EUR 3.7 billion, with shipments gaining 19.4% and purchases rising at a softer 18.9%. source: Statistics Finland
Balance of Trade in Finland averaged 187.89 EUR Million from 1975 until 2021, reaching an all time high of 1749.60 EUR Million in November of 2002 and a record low of -795.40 EUR Million in December of 2012. 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 January 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.