The EU’s share of the exports clearly decreased
Refining of oil kept the exports going in 2012
According to the preliminary data of Finnish Customs, the value of Finland’s exports in 2012 remained at almost 57 billion euros, which is at the same level as the previous year. The imports, which decreased by two per cent, amounted to 59 billion euros. According to the preliminary data, the trade balance showed a deficit of 2,3 billion euros, whereas the deficit in 2011 was 3.7 billion euros. The trade with other EU countries showed a deficit of 850 million euros and the external trade a deficit of 1,4 billion euros in 2012.
Oil products were the most important growth area in exports. The exports of many electrical appliances and foodstuffs also increased. The long-term decrease of the communication equipment exports continued. The increase in the price of crude oil, the foodstuffs and certain chemical industry products kept the value of the total imports nearly at the same level as the year before, although the electro-technical imports as well as the imports of metals, machinery and means of transport decreased.
The exports stayed at the same level as in 2011, due to the exports to non-EU countries, which grew by four per cent in 2012, whereas the exports to other EU countries diminished by four per cent. The imports from other EU countries declined by one per cent, while the imports from non-EU countries decreased by four per cent. Exports to the eurozone declined by tree per cent and imports by two per cent. Exports to the eurozone decreased thus slightly less than to all EU-countries.
Mr Timo Koskimäki, Statistics Director, tel. +358 40 332 1851
Ms Christina Telasuo, Senior Customs Officer, tel. +358 40 332 1828
Mr Matti Heiniemi, Senior Customs Officer, tel. 040 332 1845
E-mail: [email protected]