Trade balance posts €145m surplus in May

The trade balance was in surplus of EUR 145 million in May, according to the preliminary statistics of international trade in goods released by Finnish Customs on Tuesday.

In January-May, the aggregated deficit amounted to EUR 400 million.

In May 2024, the trade balance was EUR 30 million in deficit and in January-May of the same year, the aggregated deficit was EUR 2.5 billion.

According to the statistics, the value of Finnish exports decreased by 5.7 per cent in May year-on-year. The value of Finnish exports was EUR 5.9 billion. Export volume decreased by 4.2 per cent and export prices declined by 0.8 per cent year-on-year.

The value of imports decreased by 8.4 per cent in May and was EUR 5.8 billion. Import prices declined by 3.8 per cent and import volume by 2.4 per cent compared to May 2024.

In January-May 2025, the aggregated value of exports increased by 5.3 per cent, but the value of imports decreased by 2.0 per cent year-on-year.

Change of export volume during the latest 12 months was +0.7 per cent (12 month moving average June 2024 – May 2025).

The corresponding figure for import volume was minus 0.5 per cent.

Value of exports to EU member states increased by 1.0 per cent, but decreased to non-EU countries by 14.2 per cent in May compared to the same month the previous year.

The volume of exports to EU countries increased by 1.3 per cent, but decreased to non-EU countries by 12.4 per cent during the same time.

Calculated from the beginning of the year, the value of exports to EU countries increased by 5.6 per cent and to non-EU countries by 4.8 per cent.

The volume of exports to EU member states increased by 6.8 per cent, but the volume of exports to non-EU countries decreased by 8.3 per cent calculated according to 12-month moving average.

Value of imports from EU countries decreased by 10.0 per cent and from non-EU countries by 5.8 per cent in May.

The volume of imports from EU member states decreased by 7.6 per cent, but increased from non-EU countries by 4.3 per cent.

Calculated from the beginning of the year, value of imports from EU member states decreased by 1.0 per, and from other countries by 3.4 per cent.

The volume of imports from EU member states decreased by 0.3 per cent, and from non-EU countries by 0.2 per cent calculated according to 12-month moving average.