The trade balance showed a deficit of EUR 204 million in February 2025, according to the international trade in goods statistics published by Finnish Customs on Tuesday.
In January-February period, the trade balance had accumulated a deficit of EUR 391 million.
The aggregate trade surplus by commodity group for industrial machinery and equipment and metals decreased compared to the previous year, but increased for forest industry products.
The deficit increased for chemicals and related products, and foods and beverages, but decreased for crude oil and refined petroleum products, transport equipment and electrical machinery and equipment and ores and metal scrap.
The value of Finnish exports of goods increased by 6.1 per cent year-on-year in February.
The value of exports was EUR 5.8 billion. Export volume increased by 7.8 per cent and export prices by 0.3 per cent year-on-year.
The value of imports decreased by 3.2 per cent in February to EUR 6.0 billion. Import prices increased by 2.0 per cent and import volume decreased by 3.0 per cent compared to February 2024.
In January-February, the total value of exports increased by 1.8 per cent and the value of imports declined by 3.5 per cent compared to the corresponding period of the previous year.
Change of export volume during the latest 12 months was minus 3.7 per cent (12-month moving average March 2024 – February 2025). The corresponding figure for import volume was minus 3.6 per cent.
The terms of trade deteriorated in February compared to the corresponding month of 2025 as export prices increased less than import prices. The point figure in February was 96.9, while it was 98.5 in February 2024. The terms of trade improved from January 2025.
The value of exports of capital goods increased by 14.5 per cent and the value of exports of industrial supplies increased by 1.6 per cent year-on-year.
The value of exports of fuels and lubricants increased by 28.3 per cent. The value of exports of consumer goods decreased by 0.1 per cent, and the value of exports of food and beverages increased by 5.6 per cent. The value of exports of transport equipment and parts decreased by 5.0 per cent.
The value of imports of industrial supplies increased by 7.6 per cent in February, but the value of imports of capital goods decreased by 1.0 per cent year-on-year. The value of imports of transportation equipment and their parts decreased by 12.1 per cent.
The value of imports of fuels and lubricants decreased by 22.6 per cent. The value of imports of food and beverages increased by 4.3 per cent, but the value of imports of consumer goods decreased by 4.9 per cent.
The value of exports to EU member states increased by 3.7 per cent, and the exports to other countries increased by 9.4 per cent.
Imports from EU countries increased by 1.7 per cent, but imports from outside the EU decreased by 10.0 per cent.
In January-February, total exports to EU countries increased by 2.2 per cent and exports to outside the EU by 1.2 per cent. In the same period, imports from EU countries increased by 0.7 per cent, but decreased from outside the EU by 9.2 per cent.
Earlier this month, Customs in its preliminary statistics said that the trade balance was in deficit of EUR 210 million in February.