Preliminary statistics on the international trade in goods, March 2022

6.5.2022 9.00

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Finnish Customs, Statistics

Value of imports in goods record high in March due to increased prices

Value of exports increased by 19.9 and of imports by 33.4 per cent in March

According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports increased by 19.9 per cent, and the value of imports by 33.4 per cent in March year-on-year. The value of Finnish exports in March was EUR 7.0 billion and the value of imports EUR 8.2 billion. During the reference month in 2021 exports increased by 14.8 per cent and imports by 13.0 per cent.

In January-March 2021, the total value of exports increased by 22.7 per cent and the value of imports by 33.8 per cent year-on-year.

The trade balance was in deficit of EUR 1.2 billion in March. In January-March, the aggregated deficit amounted to EUR 3.2 billion. In March 2021, the trade balance was EUR 295 million in deficit and in January-March of the same year, the aggregated deficit was EUR 1.1 billion.

Exports to EU member states increased by 30.5 per cent, and exports to non-EU countries by 7.2 per cent in March. Imports from EU countries increased by 19.1 per cent and imports from non-EU countries by 55.4 per cent. Calculated from the beginning of the year, exports to EU countries rose by 28.4 per cent and to non-EU countries by 15.4 per cent. During the same period, imports from EU member states rose by 22.2 per cent and from other countries by 50.6 per cent.

Tables 7 and 8 on trade with Russia by more specific commodity level have temporarily been added to the preliminary statistics publication. The values in the table are preliminary and significant changes are possible when data becomes more complete.

Further information:

Telasuo, Christina tel. +358 40 332 1828
Penttilä, Olli-Pekka tel. +358 40 332 1862
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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