Trade balance posts €185m deficit in June

The trade balance was EUR 185 million in deficit in June, according to the preliminary statistics of international trade in goods provided by Finnish Customs.

In January-June, the trade balance ran a deficit of EUR 1.7 billion. In June 2020, the trade balance was EUR 255 million in deficit, and in January-June it was EUR 1.8 billion in deficit, said the Customs in a recent press release.

According to the statistics, the value of Finnish exports increased by 23.8 per cent, and the value of imports by 21.0 per cent in June year-on-year.

The value of Finnish exports in June was EUR 5.6 billion and the value of imports EUR 5.8 billion. During the reference month in 2020 exports decreased by 14.2 per cent and imports by 7.9 per cent.

In January-June 2021, the total value of exports increased by 13.7 per cent and the value of imports by 12.3 per cent year-on-year.

Exports to EU member states increased by 24.5 per cent and exports to non-EU countries by 22.9 per cent in June.

Imports from EU countries increased by 22.3 per cent and imports from non-EU countries by 19.1 per cent.

Calculated from the beginning of the year, exports to EU countries rose by 12.9 per cent and to non-EU countries by 14.6 per cent.

During the same period, imports from EU member states rose by 13.4 per cent and from other countries by 10.7 per cent.