Financial News: Finland Trade Gap Narrows In December

Finland Trade Gap Narrows In December

02/06/2025 - 03:58:00 (RTTNews)

(RTTNews) - Finland's trade deficit decreased in December from a year ago as exports grew much faster than imports, preliminary figures from the Finnish Customs showed on Thursday.

The trade shortall declined to EUR 110.0 million in December from EUR 520 million in the same month last year.

Exports climbed 4.6 percent year-on-year in December, while imports rose only by 0.2 percent.

Shipments to the EU countries grew by 7.2 percent in December, and imports from those countries rose by 5.5 percent. Exports to countries outside the EU climbed 3.1 percent, while imports from those countries fell by 9.7 percent.

During the year 2024, the total trade balance of the country showed a deficit of EUR 2.1 billion, up from EUR 0.49 billion in 2023. Both exports and imports fell by 5.5 percent and 3.3 percent, respectively.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Retail Sales Fall In December (11 min(s), 13 sec(s) ago)
(RTTNews) - Eurozone retail sales declined in December on falling food store turnover, official da ...Full Story»

Hungary Industrial Output Decline Deepens, Retail Sales Growth Eases (10 min(s), 13 sec(s) ago)
(RTTNews) - Hungary's industrial production declined at the steepest pace in five months, prel ...Full Story»

Czech Industrial Output Falls Further, Trade Surplus Grows (01 hr(s), 13 min(s), 13 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production decreased for the third straight month ...Full Story»

Moldova Hikes Rates Again As Inflation Surged Amid Energy Crisis (01 hr(s), 21 min(s), 13 sec(s) ago)
(RTTNews) - Moldova's central bank raised its key interest rate for a second policy session in ...Full Story»

UK Construction Sector Contracts For First Time In 11 Months (01 hr(s), 50 min(s), 13 sec(s) ago)
(RTTNews) - The UK construction sector shrank in January, ending a 10-month period of expansion du ...Full Story»

German Construction Sector Continues To Shrink (02 hr(s), 42 min(s), 13 sec(s) ago)
(RTTNews) - Germany's construction sector remained firmly in contraction but the pace of fall ...Full Story»

Finland Trade Gap Narrows In December (03 hr(s), 08 min(s), 13 sec(s) ago)
(RTTNews) - Finland's trade deficit decreased in December from a year ago as exports grew much ...Full Story»

Estonian Industrial Output Contracts 4.2% (03 hr(s), 34 min(s), 13 sec(s) ago)
(RTTNews) - Estonia's industrial production decreased at the fastest pace in four months in De ...Full Story»