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...
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
Note: This chart displays Merchandise Trade Balance (EUR bn) for Finland from 2014 to 2023.
Source: Macrobond.
Finland Trade Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (EUR bn) | 2.3 | 2.7 | 2.3 | -0.3 | 9.3 |
Current account deficit narrows in May
The current account posted a EUR 0.1 billion deficit in May, improving from the EUR 3.6 billion deficit recorded in April (May 2023: EUR 0.7 billion deficit). Accordingly, the 12-month trailing current account deficit improved, coming in at EUR 3.5 billion in May (April: EUR 4.1 billion deficit). The merchandise trade balance improved from the previous month, recording a EUR 0.6 billion surplus in May (April 2024: EUR 0.2 billion surplus). Merchandise exports contracted 9.1% in annual terms in May (April: -4.4% year-on-year). Meanwhile, merchandise imports fell 9.6% on an annual basis in May (April: +7.7% yoy).
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 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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Brazil: Current account shortfall widens in July
The current account posted a USD 5.2 billion deficit in July, deteriorating from the USD 4.4 billion deficit recorded in... -
Turkey: Current account swings to surplus in June
The current account posted a USD 0.4 billion surplus in June, improving from the USD 1.0 billion deficit posted in... -
Finland: Current account swings to surplus in June
The current account recorded a EUR 1.5 billion surplus in June, improving from the EUR 0.3 billion deficit recorded in... -
Spain: Current account surplus widens in May
The current account posted a EUR 5.6 billion surplus in May, improving from the EUR 2.8 billion surplus clocked in... -
Brazil: Current account deficit widens in June
The current account recorded a USD 4.0 billion deficit in June, deteriorating from the USD 2.3 billion shortfall booked in... -
Turkey: Current account deficit narrows in May
The current account posted a USD 1.2 billion deficit in May, narrowing from the USD 5.4 billion deficit booked in...