Finland sees €295m trade deficit in Nov

The trade balance was in deficit of EUR 295 million in November 2025, according to the preliminary statistics of international trade in goods published by Finnish Customs on Thursday.

In January-November, the aggregated deficit amounted to EUR 540 million.

In November 2024, the trade balance was EUR 5 million in deficit and in January-November of the same year, the aggregated deficit was EUR 2.5 billion.

According to the statistics, the value of Finnish exports decreased by 1.8 per cent in November year-on-year. The value of Finnish exports in November was EUR 6.0 billion. Export volume increased by 1.4 per cent and export prices declined by 2.7 per cent year-on-year.

The value of imports increased by 2.9 per cent in November and was EUR 6.3 billion. Import prices declined by 0.4 per cent, but import volume increased by 5.6 per cent compared to November 2024.

In January-November 2025, the aggregated value of exports increased by 3.3 per cent and the value of imports by 0.3 per cent year-on-year.

Change of export volume during the latest 12 months was +4.2 per cent (12 month moving average December 2024 – November 2025). The corresponding figure for import volume was +2.4 per cent.

Value of exports to EU member states decreased by 4.0 per cent, but increased to non-EU countries by 1.1 per cent in November compared to the same month the previous year. The volume of exports to EU countries decreased by 4.6 per cent, but increased to non-EU countries by 6.4 per cent during the same time.

Calculated from the beginning of the year, the value of exports to EU countries increased by 0.7 per cent and to non-EU countries by 6.9 per cent. The volume of exports to EU member states increased by 1.4 per cent, and the volume of exports to non-EU countries increased by 5.9 per cent calculated according to a 12-month moving average.

Value of imports from EU countries decreased by 1.7 per cent, but increased from non-EU countries by 9.4 per cent in November. The volume of imports from EU member states decreased by 2.9 per cent, but increased from non-EU countries by 16.8 per cent.

Calculated from the beginning of the year, value of imports from EU member states increased by 0.4 per cent, and from other countries by 0.2 per cent. The volume of imports from EU member states increased by 0.5 per cent and from non-EU countries by 4.3 per cent calculated according to a 12-month moving average.