Preliminary statistics on the international trade in goods, July 2020

7.9.2020 9.00

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Finnish Customs, Statistics

Exports decreased by 13.8 per cent in July

According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports decreased by 13.8 per cent, while the value of imports declined by 13.6 per cent in July year-on-year. The value of Finnish exports in July was almost EUR 4.4 billion and the value of imports EUR 4.8 billion. In January-July, the total value of exports decreased by 16.8 per cent and the value of imports by 12.3 per cent year-on-year.

The trade balance was EUR 440 million in deficit in July. In January-July, the trade balance ran a deficit of EUR 2.1 billion. In July last year, the trade balance was EUR 498 million in deficit, and in January-July it was EUR 507 million in deficit.

Exports to EU member states decreased by 9.8 per cent and exports to non-EU countries by 18.0 per cent in July. Imports from EU-countries diminished by 12.2 per cent and imports from non-EU countries fell by 15.3 per cent in July. Calculated from the beginning of the year, exports to EU decreased by 16.5 per cent and to non-EU countries by 17.1 per cent. During the same period, imports from EU member states fell by 10.9 per cent and from other countries by 14.3 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.

Further information:

Kaarna, Anssi tel. +358 40 332 8153
Telasuo, Christina tel. +358 40 332 1828
E-mail: forename.surname@tulli.fi

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