Merchandise Trade Balance in Finland
The merchandise trade balance averaged EUR 1.4 billion in the decade to 2022. The 2022 reading was EUR -0.4 billion. For more trade information, visit our dedicated page.
Finland Trade Chart
Finland Trade Data
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Merchandise Trade Balance (EUR bn) | 0.3 | 2.3 | 2.7 | 2.3 | -0.4 |
Balanced current accounts in December
The current account posted a balanced result in December, deteriorating from the EUR 1.7 billion surplus recorded in November (December 2022: EUR 0.3 billion surplus). Meanwhile, in the 12 months leading up to December, the current account posted a EUR 2.8 billion deficit, compared to the EUR 2.5 billion deficit recorded in November. The merchandise trade balance worsened from the previous month, recording a EUR 0.2 billion surplus in December (November 2023: EUR 2.3 billion surplus). Merchandise exports sank 18.7% over the same month last year in December, on the heels of November’s 0.2% decrease. Meanwhile, merchandise imports plummeted 17.7% on an annual basis in December (November: -16.4% yoy).
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Finnish trade projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Finnish trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Finnish trade projections.
Want to get access to the full dataset of Finnish trade forecasts? Send an email to info@focus-economics.com.
Latest Global Current Account News
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The current account posted a USD 2.6 billion deficit in January, deteriorating from the USD 2.1 billion deficit clocked in...
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Finland: Current account tallied a deficit in January
The current account posted a EUR 0.1 billion deficit in January, impriving from the EUR 0.2 billion shortfall recorded in... -
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Spain: Current account surplus moderates in December
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Turkey: Current account deficit narrows in December
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Finland: Balanced current account in December
The current account posted a balanced result in December, deteriorating from the EUR 1.7 billion surplus recorded in November (December... -
Brazil: Current account deficit widens in December
The current account posted a USD 5.8 billion deficit in December, deteriorating from the USD 1.9 billion deficit clocked in...