Foreign trades see EUR 65m deficit in Jan-Jun

The value of Finnish exports increased by two per cent and the value of imports increased by nine per cent in June compared to that in June 2016, according to the preliminary statistics of international trade in goods provided by Finnish Customs.

The value of Finnish exports in June was almost 5.1 billion euros and the value of imports was slightly over 5.1 billion euros.

Calculated from January to June, exports increased by 15 per cent and imports by 13 per cent.

The trade balance showed a deficit of 65 million euros in June. Calculated from January to June, there was a deficit of 880 million euros.

During the same period last year, the balance of trade showed a deficit of over 1.1 billion euros.

Last year the trade balance for June showed a surplus of 235 million euros.

Exports to EU member states remained at the level of the previous year in June while exports to non-EU countries increased by seven per cent.

Imports from EU countries increased by 10 per cent and imports from non-EU countries by five per cent in June.

Calculated from the beginning of the year, exports to EU countries increased by 15 per cent and to non-EU countries by 14 per cent.

During the same period, imports from EU member states rose by seven per cent and from other countries by 24 per cent.