Finland sees €557m trade deficit in January

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Finland sees €557m trade deficit in January

The trade balance showed a deficit of EUR 557 million in January 2026, according to the international trade in goods statistics released by Finnish Customs on Monday.

The aggregated trade surplus by commodity group for products of industrial machinery and equipment increased compared to the previous year.

Trade surplus decreased for chemical forest industry and metals.

The deficit increased for ores and metal scrap, electrical machinery and equipment, as well as for food and beverages.

The deficit decreased for crude oil and refined petroleum products and transport equipment.

According to the statistics, the value of Finnish exports of goods increased 3.7 per cent year-on-year in January.

The value of Finnish exports was EUR 5.9 billion. Export volume decreased by 1.2 per cent and export prices increased by 5.0 per cent year-on-year.

The value of imports increased by 8.5 per cent in January to EUR 6.4 billion. Import prices declined by 3.1 per cent and import volume increased by 9.3 per cent compared to January 2025.

The terms of trade improved in January compared to the corresponding month of 2025 as import prices declined and export prices increased. The point figure in January was 105.1, while it was 97.0 in January 2025. The terms of trade improved also from December 2025.

The value of exports of capital goods increased by 6.2 per cent in January. The value of exports of industrial supplies decreased by 7.1 per cent year-on-year. The value of exports of fuels and lubricants increased by 9.2 per cent. The value of exports of consumer goods increased by 114.6 per cent and the value of exports of transport equipment and parts by 25.6 percent. The value of exports of food and beverages decreased by 7.4 percent.

The volume of exports to EU member states decreased by 4.4 per cent, but the exports to other countries increased by 6.5 per cent in January. The volume of imports from EU member states increased by 3.8 per cent and from other countries by 16.0 per cent.

Earlier this month, Customs in its preliminary statistics showed that trade balance was in deficit of EUR 550 million in January 2026.

  •  Trade balance
  •  Deficit
  •  Finland
  •  January

Source: www.dailyfinland.fi

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