Finland’s exports to China surged in March

Finland's exports to China surged in March

According to data released by the Finnish Customs on the 7th, in March this year, the total value of Finnish exports of goods was approximately 5.7 billion euros, an increase of 12.5% year-on-year, of which total exports to China exceeded 300 million euros, an increase of 50.5%.

Statistics show that the value of Finnish goods imports in March was approximately 6 billion euros, an increase of 11% year-on-year. In the first quarter of this year, the total volume of Finnish exports of goods increased by 3.6% year-on-year, and the total volume of imports increased by 0.6% year-on-year.

In March, Finland’s exports to EU member states increased by 7.6%, and exports to non-EU countries increased by 19.0%; imports from EU member states increased by 8.5%, and imports from non-EU countries increased by 15.0%. Among them, imports from China increased sharply by 22.6%, and the total value of imports was nearly 500 million euros.

The data also shows that Finland’s trade deficit in March this year was 305 million euros, compared with 345 million euros in the same period last year; in the first quarter of this year, the trade deficit was 985 million euros, compared with 1.4 billion euros in the same period last year.