Monday, 31 October 2011
Exports in the basic metals industry have shrunk for the first time in nearly two years, according to fresh figures from the National Board of Customs. However the total volume of Finland’s foreign trade has grown since last year.
In August, Finnish imports increased more than exports, so the trade balance remained in the red. The trade deficit stood at 224 million euros.
The foreign trade statistics of the Finnish Customs show that Finland’s exports have grown by 11 percent year-on-year. For their part, imports shot up 15 percent from the year before.
The value of exports amounted to about 4.7 billion euros, while imports totalled about 5 billion.
News source: Yle, Finland