Preliminary statistics on the international trade in goods, August 2020
Finnish Customs, Statistics
Exports decreased by 14.8 per cent in August
According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports decreased by 14.8 per cent, while the value of imports declined by 14.4 per cent in August year-on-year.
The value of Finnish exports in August was EUR 4.3 billion and the value of imports almost EUR 4.6 billion. In January-August, the total value of exports decreased by 16.4 per cent and the value of imports by 12.3 per cent year-on-year. The trade balance was EUR 245 million in deficit in August. In January-August, the trade balance ran a deficit of EUR 2.4 billion. In August last year, the trade balance was EUR 264 million in deficit, and in January-August it was EUR 771 million in deficit.
Exports to EU member states decreased by 14.3 per cent and exports to non-EU countries by 15.4 per cent in August. Imports from EU-countries diminished by 11.8 per cent and imports from non-EU countries fell by 17.7 per cent in August. Calculated from the beginning of the year, exports to EU decreased by 16.0 per cent and to non-EU countries by 16.8 per cent. During the same period, imports from EU member states fell by 10.6 per cent and from other countries by 14.6 per cent.
The monthly preliminary statistics release contains preliminary overall figures about Finland's international trade in goods. More precise figures of exports and imports as well as detailed statistics about specific countries and goods will be published at the end of the month in the monthly statistical release.
Kaarna, Anssi tel. +358 40 332 8153
Telasuo, Christina tel. +358 40 332 1828
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