Finland exports decreased by 13 per cent in July

According to the preliminary statistics of foreign trade of goods provided by Finnish Customs, the value of Finnish exports decreased by 13 per cent and the value of imports by eight per cent in July compared with the year before. The value of Finnish exports in July was 3.9 billion euros and the value of imports was slightly over 4.1 billion euros. Calculated from the beginning of the year, exports have diminished by six per cent and imports by a per cent.
The trade balance showed a deficit of 245 million euros in July. Calculated from January to July there was a deficit of almost 1.3 billion euros. Under the same period last year, the balance of trade showed a surplus of 262 million euros. Last year the trade balance for July showed a deficit of four million euros.
Exports to EU member states decreased by 12 per cent and exports to non-EU countries by 15 per cent in July. Imports from EU-countries decreased by six per cent and imports from non-EU countries by nine per cent in July. Calculated from the beginning of the year, exports to EU countries decreased by four per cent and exports to non-EU countries by ten. During the same period, imports from EU member states remained at the level of the previous year and decreased from other countries by three per cent..