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Monthly statistics on the foreign trade of goods, April 2016

30.6.2016 9.00

Finnish Customs, Statistics

Both export volume and export prices fell in April

The value of Finnish exports decreased by 11 per cent in April according to foreign trade statistics provid-ed by Finnish Customs. The value of Finnish exports was 4.3 billion euros. Export prices decreased by 5.1 per cent and export volume by 5.5 per cent. In January-April exports diminished by eight per cent.

The value of imports increased by four per cent in April and was 4.5 billion euros. Import prices decreased by 3.5 per cent while import volume increased by 10.9 per cent. In January-April the total import value de-creased by four per cent compared to the previous year.

The balance of trade showed a deficit of 231 million euros in April. In January-April the balance of trade had a deficit of slightly over 1.1 billion euros. In April the previous, year the trade surplus was 472 million euros, and in January-April the trade balance showed a deficit of 306 million euros. The terms of trade for foreign trade are calculated based on the unit value index. Terms of trade show the ratio between export and import prices. The terms of trade weakened in April because export prices fell more than import prices. The point figure in April was 100.6, while it was 102.3 April the previous year. The terms of trade also weakened from the previous month's point figure of 102.5.

Exports of petroleum products improved compared to the previous year's April, while exports of other main industry groups diminished. Imports of transport equipment, crude oil, food items and metals increased, while imports of industrial machinery and chemical industry products declined.

Exports to EU member states decreased by six per cent in April and exports to non-EU countries by 17 per cent. The most important export countries to rise in April were Sweden and France. Exports to Germany, the Netherlands, the United States, China and the United Kingdom decreased. Imports from EU-countries in-creased by one per cent and imports from non-EU countries by ten per cent in April. Imports from Germa-ny, Sweden, the Netherlands and the United Kingdom decreased while imports from the United States and France increased.

Table 1. Total development (e million)
  April Change January-April Change
2015 2016 % 2015 2016 %
Exports (fob) 4 802 4 281 -11 17 797 16 341 -8
Imports (cif) 4 330 4 512 +4 18 104 17 467 -4
Balance 472 -231   -306 -1 126  
Table 2. Foreign trade indexes
2010=100 April Change Mean* Change
  2015:04 2016:04 2016:04/
2015:05-2016:04 2015:05-2016:04/
Volume index
Exports 98,5 93,1 -1,6 -5,5 93,0 -5,6
Imports 90,5 100,4 -4,3 +10,9 98,1 -0,9
Unit value index
Exports 110,0 104,4 -0,9 -5,1 105,8 -0,3
Imports 107,5 103,8 +1,0 -3,5 104,4 -3,4
* Kahdentoista kuukauden liukuva keskiarvo – Tolv månaders glidande medelvärde – Moving 12-months averages
Free access to detailed statistics on the foreign trade of goods through Uljas

Further information:
Kaarna, Anssi tel. +358 40 332 8153
Riikonen, Johanna tel. +358 40 332 1824
[email protected]

Monthly statistics on the international trade Official Statistics of Finland
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