Trade balance sees €210m deficit in February

The trade balance was in deficit of EUR 210 million in February, according to the preliminary statistics of international trade in goods published by Finnish Customs on Monday.

In January-February, the aggregated deficit amounted to EUR 395 million. In February 2024, the trade balance was EUR 730 million in deficit and in January-February of the same year, the aggregated deficit was EUR 1.0 billion.

According to the statistics, the value of Finnish exports increased by 5.8 per cent in February year-on-year. The value of Finnish exports was EUR 5.7 billion. Export volume increased by 7.5 per cent and export prices by 0.3 per cent year-on-year.

The value of imports decreased by 3.3 per cent in February and was EUR 6.0 billion. Import prices increased by 1.9 per cent and import volume decreased by 3.1 per cent compared to February 2024.

In January-February 2025, the aggregated value of exports increased by 1.7 per cent, but the value of imports decreased by 3.5 per cent year-on-year.

Change of export volume during the latest 12 months was minus 3.7 per cent (12 month moving average March 2024 – February 2025). The corresponding figure for import volume was minus 3.6 per cent.

Value of exports to EU member states increased by 3.4 per cent, and to non-EU countries by 9.2 per cent in February compared to the same month the previous year. The volume of exports to EU countries increased by 4.2 per cent and to non-EU countries by 11.2 per cent during the same time.

Calculated from the beginning of the year, value of exports to EU countries increased by 2.1 per cent and to non-EU countries by 1.1 per cent. The volume of exports to EU member states increased by 0.6 per cent, and the volume of exports to non-EU countries decreased by 10.5 per cent calculated according to 12-month moving average.

Value of imports from EU countries increased by 1.5 per cent, but decreased from non-EU countries by 10.1 per cent in February. The volume of imports from EU member states decreased by 0.4 per cent and from non-EU countries by 7.0 per cent.

Calculated from the beginning of the year, value of imports from EU member states increased by 0.7 per, but decreased from other countries by 9.3 per cent.

The volume of imports from EU member states increased by 1.8 per cent, and the volume of imports from non-EU countries by 4.1 per cent calculated according to 12-month moving average.