Preliminary statistics on the international trade in goods, January 2020
Finnish Customs, Statistics
Exports decreased by 18.3 per cent in January
According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports decreased by 18.3 per cent while the value of imports decreased by 3.7 per cent in January year-on-year. The value of Finnish exports in January was almost 4.8 billion euros and the value of imports was slightly over 5.1 billion euros.
High value vessel deliveries in the reference month partly explain the steep drop in exports. Calculated without the impact of vessel deliveries exports would have decreased by 7.9 per cent in January.
The trade balance showed a deficit of 365 million euros in January. Under the same period last year, the balance of trade showed a surplus of 510 million euros.
Exports to EU member states decreased by 21.4 per cent in January and exports to non-EU countries by 13.2 per cent. Imports from EU-countries diminished by 4.5 per cent and imports from non-EU countries fell by 2.5 per cent in January.
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.
Riikonen, Johanna tel. +358 40 332 1824
Telasuo, Christina tel. +358 40 332 1828
E-mail: [email protected]li.fi