Merchandise Exports in Finland
Merchandise exports were worth EUR 88.6 billion in 2022. Over the last decade, exports averaged EUR 62.5 billion. For more exports information, visit our dedicated page.
Finland Merchandise Exports Chart
Note: This chart displays Merchandise Exports (EUR bn) for Finland from 2014 to 2023.
Source: Macrobond.
Finland Merchandise Exports Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Merchandise Exports (EUR bn) | 64.9 | 59.0 | 70.2 | 88.4 | 83.8 |
Current account deficit narrows in May
The current account posted a EUR 0.1 billion deficit in May, improving from the EUR 3.6 billion deficit recorded in April (May 2023: EUR 0.7 billion deficit). Accordingly, the 12-month trailing current account deficit improved, coming in at EUR 3.5 billion in May (April: EUR 4.1 billion deficit). The merchandise trade balance improved from the previous month, recording a EUR 0.6 billion surplus in May (April 2024: EUR 0.2 billion surplus). Merchandise exports contracted 9.1% in annual terms in May (April: -4.4% year-on-year). Meanwhile, merchandise imports fell 9.6% on an annual basis in May (April: +7.7% yoy).
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Finnish merchandise exports projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Finnish merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Finnish merchandise exports projections.
Want to get access to the full dataset of Finnish merchandise exports forecasts? Send an email to info@focus-economics.com.
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