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Monitor Report of FINLAND trade and FINLAND-China binational trade in 202103

 1.  Overview the trade of FINLAND in goods current year until 202103

According to Dalian Infobank, in 202103FINLAND's exports and imports of goods amounted to 14015.6656 million, and were up 20.45% comparing with the same period of last year. Among these, exports were up 21.37% at 6863.8031 million, and imports were up 19.58% at 7151.8625 million. And the corresponding trade deficit was 288.0594 million and down 11.51%.

During the current year until 202103, FINLAND's total exports and imports of goods were 37366.1223 million and were up 11.49% comparing to the same period of last year. Among these, exports were 18179.6392 million and up 13.18%; imports were 19186.4831 million and up 9.94%. The total trade deficit was 1006.8439 million and down 27.46%.

If considering by country (region), GERMANY, SWEDEN, RUSSIA, NETHERLANDS, CHINA were FINLAND's top five trading partners. During the current year until 202103, FINLAND's imports and exports to five countries/territories were 5747.9980 million, 4894.2095 million, 2960.8361 million, 2578.4650 million, 1769.2347 million. These values correspond to 15.38%, 13.10%, 7.92%, 6.90%, 4.73% of FINLAND's imports and exports, and, respectively, were up 10.11%, up 12.03%, up 14.12%, up 7.75%, up 32.51% comparing to the same period of last year.

Current year until 202103, 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 202103, FINLAND's exports to these five countries/territories were 2462.6504 million, 1739.2054 million, 1264.0055 million, 1103.0603 million, 990.5575 million. These values correspond to 13.55%, 9.57%, 6.95%, 6.07%, 5.45% of FINLAND's exports and, respectively, were up 13.55%, up 10.86%, up 10.84%, up 1.47%, up 32.56% comparing with the same period of last year.

Current year until 202103, FINLAND's exports to top five countries/territories GERMANY, SWEDEN, 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 202103, FINLAND's imports from these five countries/territories were 3285.3476 million, 3155.0040 million, 2037.7440 million, 1475.4047 million, 778.6771 million. These values correspond to 17.12%, 16.44%, 10.62%, 7.69%, 4.06% of FINLAND's total imports and, respectively, were up 7.67%, up 12.69%, up 12.37%, up 12.97%, up 32.45% comparing with the same period of last year.

During the current year until 202103, 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 930.1242 million, 363.2198 million, 352.1097 million, 261.9278 million, 211.8804 million, and up 8.99%, up 131.75%, up 46.83%, up 66.51%, up 32.97%. And the trade deficits were mainly from SWEDEN, RUSSIA, GERMANY, DENMARK, NETHERLANDS at 1415.7986 million, 1114.6520 million, 822.6972 million, 374.3944 million, 372.3444 million, and up 15.01%, up 7.96%, down 6.79%, up 6.95%, up 70.06%.

Current year until 202103, FINLAND's trade surplus or deficit with top five countries/territories During the current year until 202103,  commodities with hs2 codes, 84, 27, 85, 87, 48, were FINLAND's top five traded commodities. They correspond to the import and export values of 5304.7134 million, 3853.5669 million, 3444.3996 million, 3392.5814 million, 2151.7260 million, which were up 10.01%, up 5.20%, up 13.85%, up 11.29%, up 6.54% comparing with the same period of last year and account for 14.20%, 10.31%, 9.22%, 9.08%, 5.76% of FINLAND's total imports and exports.

During the current year until 202103, 84, 48, 85, 27, 87 were FINLAND's top five traded commodities, with total import and export values of 2548.5361 million, 1980.6697 million, 1457.3791 million, 1370.9433 million, 1299.1701 million. These values correspond to 14.02%, 10.89%, 8.02%, 7.54%, 7.15% of FINLAND's total exports and, respectively, were up 8.36%, up 6.35%, up 7.16%, up 2.45%, up 5.74% comparing to the same period of last year.

During the current year until 202103, 84, 27, 87, 85, 26 were FINLAND's top five traded commodities, with total import values of 2756.1774 million, 2482.6236 million, 2093.4114 million, 1987.0205 million, 757.1746 million. These values correspond to 14.37%, 12.94%, 10.91%, 10.36%, 3.95% of FINLAND's total exports and, respectively, were up 11.59%, up 6.78%, up 15.04%, up 19.31%, up 54.28% comparing to the same period of last year.


2. Current year until 202103, FINLAND binational trade profile

According to Dalian Infobank, during the current year until 202103, FINLAND-China binational exports and imports of goods amounted to 1769.2347 million and were up 32.51% comparing with the same period of last year. Among these, exports from FINLAND to China were 990.5575 million and up 32.56%, imports from China to FINLAND were 778.6771 million and up 32.45%. The total binational trade surplus was 211.8804 million and up 32.97%.

During the urrent year until 202103, commodities with hs2 code, 84, 85, 47, 90, 39, were binational trade's top five traded commodities. They correspond to import and export values of 355.0424 million, 310.2437 million, 282.5367 million, 109.5875 million, 63.4729 million and makes up 20.07%, 17.54%, 15.97%, 6.19%, 3.59% of the total binational imports and exports. These values were also up 31.55%, up 42.41%, up 73.47%, up 19.44%, up 115.84% comparing to the same period last year.

During the current year until 202103, 47, 84, 85, 90, 26 were the top five traded commodities exported to China from FINLAND, with export values of 282.2415 million, 238.9154 million, 114.2559 million, 75.6931 million, 58.3027 million. These values account for 28.49%, 24.12%, 11.53%, 7.64%, 5.89% of FINLAND's total exports and were up 73.39%, up 37.66%, up 33.40%, up 16.64%, up 141.25% comparing to the same period of last year.

During the current year until 202103, 85, 84, 73, 39, 94 were FINLAND's top five traded commodities importing from China , with import values of 195.9878 million, 116.1270 million, 45.6032 million, 44.4399 million, 40.3693 million. These values account for 25.17%, 14.91%, 5.86%, 5.71%, 5.18% of FINLAND's total imports and were up 48.26%, up 20.54%, up 23.63%, up 125.76%, up 9.31% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat