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Preliminary statistics on the international trade in goods, September 2023

7.11.2023 9.00



Finnish Customs, Statistics

Export prices decreased by 7.0 per cent and export volume by 4.7 per cent in September according to preliminary data

According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports decreased by 12.3 per cent in September year-on-year. The value of Finnish exports in September was EUR 6.3 billion. Export volume decreased by 4.7 per cent and export prices declined by 7.0 per cent year-on-year.

The value of imports decreased by 21.0 per cent in September and the value of imports was EUR 6.0 billion. Import prices declined by 11.4 per cent and import volume decreased by 10.3 per cent compared to September 2022.

In January-September 2023, the total value of exports decreased by 6.8 per cent and the value of imports by 17.7 per cent year-on-year. Change of export volume during the latest 12 months was -4.0 per cent (12 month moving average October 2022 – September 2023). The corresponding figure for import volume was -9.8 per cent.

The trade balance was in surplus of EUR 365 million in September. In January-September, the aggregated deficit amounted to EUR 1.2 billion. In September 2022, the trade balance was EUR 329 million in deficit and in January-September of the same year, the aggregated deficit was EUR 9.4 billion.

Figure 1. Monthly values of exports, imports and trade balance 2021-2023

Volume of external exports decreased more than export volume to EU countries

Value of exports to EU member states decreased by 10.4 per cent and to non-EU countries by 14.8 per cent in September compared to the same month the previous year. The volume of exports to EU countries decreased by 2.3 per cent and to non-EU countries by 8.6 per cent during the same time.

Calculated from the beginning of the year, value of exports to EU countries decreased by 6.1 per cent and to non-EU countries by 7.8 per cent. The volume of exports to EU member states decreased by 5.6 per cent and the volume of exports to non-EU countries by 1.7 per cent calculated according to 12-month moving average.

Figure 2. Change of export values by month compared with the same month of the previous year 2021-2023

Value of imports from EU countries decreased by 18.7 per cent and from non-EU countries by 24.1 per cent in September. The volume of imports from EU member states decreased by 8.2 per cent and from non-EU countries by 15.6 per cent.

Calculated from the beginning of the year, value of imports from EU member states decreased by 12.7 per cent and from other countries by 23.8 per cent. The volume of imports from EU member states decreased by 5.3 per cent, and the volume of imports from non-EU countries by 14.8 per cent calculated according to 12-month moving average.

Figure 3. Change of import values by month compared with the same month of the previous year 2021-2023

In this publication preliminary statistics under table 6 are listed export and import values and percentage change by country. The values in the table are preliminary and significant changes are possible when data becomes more complete.

Further information:

Riikonen, Johanna tel. +358 40 332 1824
Telasuo, Christina tel. +358 40 332 1828
E-mail: forename.surname[at]tulli.fi

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.

Figure 4. Exports 2021-2023 (original, seasonally adjusted and trend)
  • Figure 4. Exports 2021-2023 (original, seasonally adjusted and trend)
  • Figure 5. Imports 2021-2023 (original, seasonally adjusted and trend)

Asiasanat
Official Statistics of Finland Preliminary statistics on the international trade
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7.12.2023