Preliminary statistics on the international trade in goods, October 2020
Finnish Customs, Statistics
Exports decreased by 11.8 per cent in October
According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports decreased by 11.8 per cent, while the value of imports declined by 11.3 per cent in October year-on-year. The value of Finnish exports in October was almost EUR 5.1 billion and the value of imports slightly over EUR 5.1 billion. In January-October, the total value of exports decreased by 14.8 per cent and the value of imports by 11.3 per cent year-on-year.
The trade balance was EUR 60 million in deficit in October. In January-October, the trade balance ran a deficit of EUR 2.9 billion. In October last year, the trade balance was EUR 36 million in deficit, and in January-October it was EUR 1.1 billion in deficit.
Exports to EU member states decreased by 7.2 per cent and exports to non-EU countries by 17.3 per cent in October. Imports from EU-countries diminished by 8.3 per cent and imports from non-EU countries fell by 15.6 per cent in October. Calculated from the beginning of the year, exports to EU countries decreased by 13.6 per cent and to non-EU countries by 16.2 per cent. During the same period, imports from EU member states fell by 9.4 per cent and from other countries by 13.8 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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