The Finnish Customs’ preliminary statistics reveal a decline in Finland’s international trade in goods.
The value of Finnish exports decreased by 13.8% in July, according to the preliminary statistics of international trade in goods provided by the Finnish Customs on Monday. Respectively, the value of imports declined by 13.6% in July year-on-year. The value of Finnish exports in July was almost €4.4 billion and the value of imports €4.8 billion. In January–July, the total value of exports decreased by 16.8% and the value of imports by 12.3% year-on-year.
The trade balance was €440 million in deficit in July. In January–July, the trade balance ran a deficit of €2.1 billion. In July last year, the trade balance was €498 million in deficit, and in January-July it was €507 million in deficit.
Exports to EU member states decreased by 9.8% and exports to non-EU countries by 18.0% in July. Imports from EU countries diminished by 12.2% and imports from non-EU countries fell by 15.3% in July.
Calculated from the beginning of the year, exports to the EU decreased by 16.5% and to non-EU countries by 17.1%. During the same period, imports from EU member states fell by 10.9% and from other countries by 14.3%.