Preliminary statistics on the international trade in goods, October 2022

7.12.2022 9.00

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Finnish Customs, Statistics

Value of exports increased by 11.2 per cent in October

According to the preliminary statistics of international trade in goods provided by Finnish Customs, the value of Finnish exports increased by 11.2 per cent, and the value of imports by 15.3 per cent in October year-on-year. The value of Finnish exports in October was EUR 6.8 billion and the value of imports EUR 7.7 billion. During the reference month in 2021, the value of exports increased by 19.2 per cent and of imports by 28.2 per cent.

In January-October 2021, the total value of exports increased by 21.6 per cent and the value of imports by 32.3 per cent year-on-year.

The trade balance was in deficit of EUR 915 million in October. In January-October, the aggregated deficit amounted to EUR 10.4 billion. In October 2021, the trade balance was EUR 574 million in deficit and in January-October of the same year, the aggregated deficit was EUR 3.4 billion.

Exports to EU member states increased by 7.3 per cent, and exports to non-EU countries by 16.5 per cent in October. Imports from EU countries increased by 11.0 per cent and imports from non-EU countries by 20.7 per cent. Calculated from the beginning of the year, exports to EU countries rose by 24.9 per cent and to non-EU countries by 17.5 per cent. During the same period, imports from EU member states rose by 22.7 per cent and from other countries by 46.0 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:

Kaarna, Anssi tel. +358 40 332 8153
Telasuo, Christina tel. +358 40 332 1828
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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