Preliminary statistics on the international trade in goods, June 2023

8.8.2023 9.00

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Finnish Customs, Statistics

Volume of exports decreased by 6.1 per cent in June according to preliminary data

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According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports decreased by 15.4 per cent in June year-on-year. The value of Finnish exports in June was EUR 6.1 billion. Export volume decreased by 6.1 per cent, and export prices decreased by 9.0 per cent year-on-year.

The value of imports decreased by 20.5 per cent in June and the value of imports was EUR 6.3 billion. Import prices declined by 11.7 per cent and import volume decreased by 8.7 per cent compared to June 2022.

In January-June 2023, the total value of exports decreased by 3.5 per cent and the value of imports by 15.2 per cent year-on-year. Change of export volume during the latest 12 months was -4.2 per cent (12 month moving average July 2022 – June 2023). The corresponding figure for import volume was -6.4 per cent.

The trade balance was in deficit of EUR 215 million in June. In January-June, the aggregated deficit amounted to EUR 970 million. In June 2022, the trade balance was EUR 735 million in deficit and in January-June of the same year, the aggregated deficit was EUR 6.6 billion.

Both the volume of internal exports and external exports decreased

Value of exports to EU member states decreased by 16.6 per cent and to non-EU countries by 13.7 per cent in June compared to the same month the previous year. The volume of exports to EU countries decreased by 6.2 per cent and to non-EU countries by 6.1 per cent during the same time.

Calculated from the beginning of the year, value of exports to EU countries decreased by 2.8 per cent and to non-EU countries by 4.4 per cent. The volume of exports to EU member states decreased by 6.3 per cent and the volume of exports to non-EU countries by 0.4 per cent calculated according to 12-month moving average.

Value of imports from EU countries decreased by 17.9 per cent and from non-EU countries by 23.8 per cent in June. The volume of imports from EU member states decreased by 6.4 per cent and from non-EU countries by 9.7 per cent.

Calculated from the beginning of the year, imports from EU member states decreased by 8.8 per cent and from other countries by 22.9 per cent. The volume of imports from EU member states decreased by 3.7 per cent, and the volume of imports from non-EU countries by 8.5 per cent calculated according to 12-month moving average.

In this publication preliminary statistics under table 6 are listed export and import values and percentage change by country. The values in the table are preliminary and significant changes are possible when data becomes more complete.

Further information:

Kaarna, Anssi tel. +358 40 332 1853
Oikarinen, Anne tel. +358 40 332 1863
E-mail: forename.surname[at]tulli.fi

The monthly preliminary statistics release contains preliminary overall figures about Finland's international trade in goods. More precise figures of exports and imports as well as detailed statistics about specific countries and goods will be published at the end of the month in the monthly statistical release.

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