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Monitor Report of FINLAND trade and FINLAND-China binational trade in 202102

 1.  Overview the trade of FINLAND in goods current year until 202102

According to Dalian Infobank, in 202102FINLAND's exports and imports of goods amounted to 12113.6214 million, and were up 14.17% comparing with the same period of last year. Among these, exports were up 19.58% at 5870.0050 million, and imports were up 9.50% at 6243.6164 million. And the corresponding trade deficit was 373.6114 million and down 52.89%.

During the current year until 202102, FINLAND's total exports and imports of goods were 23265.4873 million and were up 6.35% comparing to the same period of last year. Among these, exports were 11281.0096 million and up 8.39%; imports were 11984.4778 million and up 4.49%. The total trade deficit was 703.4682 million and down 33.75%.

If considering by country (region), GERMANY, SWEDEN, RUSSIA, NETHERLANDS, CHINA were FINLAND's top five trading partners. During the current year until 202102, FINLAND's imports and exports to five countries/territories were 3543.5279 million, 3117.6999 million, 1967.2292 million, 1606.0208 million, 1078.7834 million. These values correspond to 15.23%, 13.40%, 8.46%, 6.90%, 4.64% of FINLAND's imports and exports, and, respectively, were up 8.58%, up 8.74%, up 6.85%, up 1.50%, up 15.38% comparing to the same period of last year.

Current year until 202102, FINLAND and the top five trade partners GERMANY, SWEDEN, UNITED STATES, NETHERLANDS, CHINA are the top five countries/territories that FINLAND exports to in terms of the total export amount. During the current year until 202102, FINLAND's exports to these five countries/territories were 1539.8993 million, 1094.0103 million, 768.4633 million, 688.0501 million, 622.3836 million. These values correspond to 13.65%, 9.70%, 6.81%, 6.10%, 5.52% of FINLAND's exports and, respectively, were up 14.74%, up 9.03%, up 1.68%, down 7.64%, up 17.06% comparing with the same period of last year.

Current year until 202102, FINLAND's exports to top five countries/territories SWEDEN, GERMANY, RUSSIA, NETHERLANDS, CHINA are the top five countries/territories that FINLAND imports from in terms of the total export amount. During the current year until 202102, FINLAND's imports from these five countries/territories were 2023.6896 million, 2003.6286 million, 1402.5141 million, 917.9707 million, 456.3998 million. These values correspond to 16.89%, 16.72%, 11.70%, 7.66%, 3.81% of FINLAND's total imports and, respectively, were up 8.58%, up 4.28%, up 3.69%, up 9.63%, up 13.17% comparing with the same period of last year.

During the current year until 202102, the trade surplus of FINLAND was mainly from UNITED STATES, UNITED KINGDOM, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, JAPAN, CHINA at 543.0618 million, 218.4572 million, 208.9631 million, 179.2174 million, 165.9838 million, and down 6.60%, up 102.05%, up 59.26%, up 72.76%, up 29.30%. And the trade deficits were mainly from SWEDEN, RUSSIA, GERMANY, NETHERLANDS, DENMARK at 929.6793 million, 837.7989 million, 463.7294 million, 229.9205 million, 184.9204 million, and up 8.06%, down 3.05%, down 19.95%, up 149.03%, down 11.97%.

Current year until 202102, FINLAND's trade surplus or deficit with top five countries/territories During the current year until 202102,  commodities with hs2 codes, 84, 27, 87, 85, 48, were FINLAND's top five traded commodities. They correspond to the import and export values of 3243.9204 million, 2564.7166 million, 2121.4293 million, 2095.7195 million, 1338.2624 million, which were up 5.00%, down 2.14%, up 8.87%, up 3.85%, up 8.66% comparing with the same period of last year and account for 13.94%, 11.02%, 9.12%, 9.01%, 5.75% of FINLAND's total imports and exports.

During the current year until 202102, 84, 48, 85, 27, 72 were FINLAND's top five traded commodities, with total import and export values of 1588.3015 million, 1241.5020 million, 898.0906 million, 886.4568 million, 811.5375 million. These values correspond to 14.08%, 11.01%, 7.96%, 7.86%, 7.19% of FINLAND's total exports and, respectively, were up 2.83%, up 9.30%, down 2.77%, up 1.34%, up 10.01% comparing to the same period of last year.

During the current year until 202102, 27, 84, 87, 85, 26 were FINLAND's top five traded commodities, with total import values of 1678.2598 million, 1655.6189 million, 1313.8434 million, 1197.6289 million, 459.1318 million. These values correspond to 14.00%, 13.81%, 10.96%, 9.99%, 3.83% of FINLAND's total exports and, respectively, were down 3.88%, up 7.17%, up 10.78%, up 9.43%, up 43.52% comparing to the same period of last year.


2. Current year until 202102, FINLAND binational trade profile

According to Dalian Infobank, during the current year until 202102, FINLAND-China binational exports and imports of goods amounted to 1078.7834 million and were up 15.38% comparing with the same period of last year. Among these, exports from FINLAND to China were 622.3836 million and up 17.06%, imports from China to FINLAND were 456.3998 million and up 13.17%. The total binational trade surplus was 165.9838 million and up 29.30%.

During the urrent year until 202102, commodities with hs2 code, 84, 85, 47, 90, 26, were binational trade's top five traded commodities. They correspond to import and export values of 238.0675 million, 172.8810 million, 162.3808 million, 69.4367 million, 45.5196 million and makes up 22.07%, 16.03%, 15.05%, 6.44%, 4.22% of the total binational imports and exports. These values were also up 24.04%, up 30.45%, up 30.99%, up 32.59%, up 88.35% comparing to the same period last year.

During the current year until 202102, 84, 47, 85, 90, 26 were the top five traded commodities exported to China from FINLAND, with export values of 170.8650 million, 162.3807 million, 67.9067 million, 47.4014 million, 45.5196 million. These values account for 27.45%, 26.09%, 10.91%, 7.62%, 7.31% of FINLAND's total exports and were up 31.52%, up 31.09%, up 50.85%, up 36.71%, up 88.35% comparing to the same period of last year.

During the current year until 202102, 85, 84, 39, 62, 63 were FINLAND's top five traded commodities importing from China , with import values of 104.9743 million, 67.2025 million, 31.6820 million, 28.3334 million, 26.6479 million. These values account for 23.00%, 14.72%, 6.94%, 6.21%, 5.84% of FINLAND's total imports and were up 19.95%, up 8.37%, up 137.75%, up 15.28%, up 360.25% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat