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Home BUSINESSExport increases to EUR 4.5b in July
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Tue, 08 Sep, 2015 12:10:08 AM
FTimes – STT Report, Sep 8
 
File Photo – Lehtikuva.
The value of Finnish exports in July rose to 4.5 billion euros, which is one per cent higher than in July last year. In contrast, imports fell 10 per cent to just under 4.4 billion euros.
 
According to customs, exports of the principal industries of forestry and the metal sector increased significantly, while exports of machinery and equipment decreased slightly.
 
The value of exports of petroleum products continued to decline.
 
The value of imports decreased the most due to the nosedive in crude oil prices, which has continued steadily all year.
 
Exports to EU countries increased by 5 per cent, while imports decreased by 7 per cent. Exports outside the EU fell by 4 per cent and imports fell by 15 per cent.
 
Exports to our most important trading partner Germany rose, but exports to Russia and Sweden decreased. Imports from Germany also increased as those from Russia and Sweden fell.
 
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