Finland Trade Balance Swings To Deficit

Finland's merchandise trade balance swung to deficit in January, as exports and imports declined, preliminary figures from the Finnish Customs showed on Monday.


The trade balance registered a deficit of EUR 365 million in January versus a surplus of EUR 510 million last year. In December, the trade surplus was EUR 310 million.


In January, exports declined 18.3 percent year-on-year and imports fell 3.7 percent.


Exports to the EU countries decreased 21.4 percent and imports fell 4.5 percent. Shipments to countries outside the EU decreased 13.2 percent, while imports rose 2.5 percent.

1 view
Logo

MONEY
MOVING

by WooHoo Ireland

+353-214-651-000

Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |info@woohooai.com

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram