Latest reading: The current account recorded a USD 7.9 billion deficit in April, deteriorating from the USD 4.3 billion deficit...
Merchandise Trade Balance in Finland
In the year 2024, the merchandise trade balance in Finland was EUR 6.85 billion, compared to EUR 1.41 billion in 2014 and EUR 8.98 billion in 2023. It averaged EUR 2.60 billion over the last decade. For more trade information, visit our dedicated page.
Finland Trade Chart
Note: This chart displays Merchandise Trade Balance (EUR bn) for Finland from 2023 to 2022.
Source: Macrobond.
Finland Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (EUR bn) | 2.9 | 2.2 | -0.2 | 8.2 | 6.2 |
Current account deficit narrows in April
Latest reading: The current account recorded a EUR 0.2 billion deficit in April, improving from the EUR 3.3 billion deficit clocked in March (April 2024: EUR 3.3 billion deficit). Meanwhile, the 12-month trailing current account balance swung to a EUR 2.4 billion surplus in April (March: EUR 0.7 billion deficit). The merchandise trade balance recorded a EUR 0.8 billion surplus in April, improving from the previous month’s flat reading. Merchandise exports shrank 4.3% on a seasonally adjusted month-on-month basis in April (March: -1.5% mom s.a.), marking the sharpest decline in six months. Meanwhile, merchandise imports fell 1.1% in monthly terms (March: +0.7% mom s.a.).
Consensus Forecasts and Projections for the next ten years
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 4 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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Turkey: Current account posts larger deficit in April -
Finland: Current account deficit narrows in April Latest reading: The current account recorded a EUR 0.2 billion deficit in April, improving from the EUR 3.3 billion deficit... -
Spain: Current account surplus moderates in March Latest reading: The current account recorded a EUR 1.4 billion surplus in March, deteriorating from the EUR 2.3 billion surplus... -
Brazil: Current account deficit narrows in April Latest reading: The current account posted a USD 1.3 billion deficit in April, improving from the USD 2.6 billion deficit... -
Finland: Current account swings to deficit in March Latest reading: The current account recorded a EUR 3.3 billion deficit in March, deteriorating from the EUR 0.5 billion surplus... -
Turkey: Current account deficit falls in March Latest reading: The current account recorded a USD 4.1 billion deficit in March, improving from the USD 4.3 billion deficit... -
Spain: Current account posts smaller surplus in June The current account recorded a EUR 5.0 billion surplus in June, deteriorating from the EUR 5.6 billion surplus recorded in...