Trade balance shows €305m deficit in April
10 Jun 2019, 06:27 ( 6 days ago)
The trade balance showed a deficit of 305 million euros in April, according to the preliminary statistics of international trade in goods provided by Finnish Customs.
Calculated from January to April, there was a deficit of 20 million euros. Under the same period last year, the balance of trade showed a deficit of 780 million euros. Last year the trade balance for April showed a surplus of 140 million euros.
According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports decreased by three per cent while the value of imports increased by five per cent in April year-on-year.
The value of Finnish exports in April was slightly over 5.4 billion euros and the value of imports was 5.7 billion euros. Calculated from the beginning of the year, exports increased by four per cent year-on-year, while imports remained at the level of the previous year.
Exports to EU member states decreased by 12 per cent in April while exports to non-EU countries increased by 12 per cent.
Imports from EU-countries increased by four per cent and imports from non-EU countries by five per cent in April. Calculated from the beginning of the year, exports to EU increased by three per cent and to non-EU countries by five per cent. During the same period, imports from EU member states rose by two per cent but decreased from other countries by three per cent year-on-year,