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Sun, 15 Nov, 2015 12:01:26 AM FTimes Report, Nov 14  Finland’s current account and trade account. Source: Balance of payments and international investment position, Statistics Finland. The current account remained in surplus in September 2015 although exports of goods trade fell clearly from the same period last year.
The financial account showed net capital outflow, according to Statistics Finland's data on balance of payments and international investment position.
The current account showed a surplus of EUR 0.4 billion in September 2015, resulting from the goods account and the primary income account being in surplus, the data show.
The 12-month moving total of the current account was EUR 0.6 billion in surplus.
Finland’s current account and trade account, 12 –month moving sum. Source: Balance of payments and international investment position, Statistics Finland. The goods account in balance of payment terms was EUR 0.2 billion in surplus, while exports of goods amounted to EUR 4.7 billion and imports of goods to EUR 4.4 billion.
Exports and imports of goods in balance of payments terms both fell from a year earlier, exports by 12 per cent and imports by nine per cent.
The fall in exports of goods trade was strengthened by the high export figure in the reference period.
The service account showed a deficit of EUR 0.1 billion.
Finland’s international investment position. Source: Balance of payments and international investment position, Statistics Finland. The primary income was EUR 0.4 billion in surplus and the secondary income account was EUR 0.1 billion in deficit.
Net capital outflow was EUR 8.6 billion. Of the sub-items of the financial account, capital outflow as other investments amounted to EUR 9.7 billion and as direct investments to EUR 4.7 billion.
Net capital inflow in the form of portfolio investments totalled EUR 5.5 billion.
Finland's net international investment position was EUR 4.6 billion. The country had EUR 731.6 billion in foreign assets and EUR 727.0 billion in foreign liabilities.
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