Monthly statistics on the international trade in goods, April 2018
Finnish customs, Statistics
Export volume increased 21 per cent in April
The value of Finnish exports of goods increased by 21 per cent in April according to international trade in goods statistics provided by Finnish Customs. The value of Finnish exports was slightly over 5.5 billion euros. Export prices increased by 0.6 per cent while export volume rose by 20.8 per cent. In January-April the value of exports increased by ten per cent.
The value of imports increased by nine per cent in April and was almost 5.4 billion euros. Import prices increased by 6.0 per cent and import volume by 4.3 per cent. In January-April, the total import value increased by six per cent compared to the previous year.
The balance of trade showed a surplus of 112 million euros in April. In January-April the balance of trade had a deficit of 573 million euros. In April the previous year the trade deficit was 374 million euros, while in January-April the trade balance showed a deficit of 1.2 billion 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 import prices rose more than export prices. The point figure in April was 96.7, while it was 101.9 April the previous year. The terms of trade weakened from the previous month's point figure of 97.8.
The value of exports of transport equipment grew most because of rapid growth in the value of passenger car exports and because of a cruise ship was exported to Germany with a value of 542 million euros in April. Exports of machinery and equipment, forest industry products and metal industry products rose also significantly. Exports of petroleum products and food declined in April. The value of exports of chemical industry products remained at the same level as the year before.
Imports of energy products and food declined in April, while imports of consumer goods, industrial goods, investment goods and transport equipment increased.
Exports to EU member states increased by 31 per cent in April and to non-EU countries by seven per cent. Exports grew most to Germany but declined to the United States, to China and to the United Kingdom. Imports from both EU member states and other countries increased by nine per cent in April. Imports rose from all major trade partners except France. Calculated from January to April exports to EU member states increased by 12 percent and to other countries by eight per cent. Imports from EU member states rose at the same period by eight per cent and imports from non-EU countries by five per cent.
Table 1. Total development (e million)
|Exports (fob)||4 564||5 509||+21||19 027||20 953||+10|
|Imports (cif)||4 939||5 397||+9||20 232||21 527||+6|
Table 2. International trade indexes
|Unit value index|
|* Moving 12-months averages|
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