Exports and imports of services fell moderately in the third quarter of 2023
Release related to topics:National economy
release | International trade in goods and services 2023, 3rd quarterChange
Starting from the release of 18 December 2023, regional data on international trade are also available for Norway, Turkey and South Korea (Republic of Korea).
Read more about the changeAccording to Statistics Finland, the value of exports of services decreased by one per cent in the third quarter of 2023 from one year ago. The value of service imports fell by two per cent over the same period. The value of service exports was EUR 8.1 billion and that of imports EUR 9.7 billion in the third quarter of 2023.
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Key selections
- The value of international trade continued declining from the exceptionally high figures of the previous year. The value of goods and service exports decreased by EUR 3.6 billion (-12%) in the third quarter of 2023 compared to one year ago.
- The value of goods and service imports fell more than that of exports, by EUR 5.1 billion (-16%).
- The value of goods exports went down by EUR 3.5 billion and the value of goods imports by EUR 4.9 billion. The value of goods exports was EUR 1.4 billion higher than that of imports.
- The fallen prices of goods from the top figures of the previous year decreased the value of international trade. Data on the volume of international trade can be found in the statistics on quarterly national accounts.
- The service account strengthened in the third quarter but was still EUR 1.6 billion negative. Thus, imports of services in Finland were still higher than exports of services. The service account was strengthened particularly by a growth in ICT services and a drop in imports of transport services.
Figures
See key statistical data in the figures.
Exports and imports of goods and services by service item 2013Q1-2023Q3
Exports and imports of goods and services by region 2013Q1-2023Q3
Tables
See key statistical data in the tables.
International trade in goods and services by service item 2020Q3-2023Q3
International trade in goods and services by region 2020Q3-2023Q3
Database tables
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Updated database tables
Classifications used:
- Service item
- Region
Reference period cycle:
quarter
Updating frequency:
eight times a year
Statistics:
Updated:
Classifications used:
- Service item
Reference period cycle:
quarter
Updating frequency:
eight times a year
Statistics:
Updated:
Classifications used:
- Service item
- Region
Reference period cycle:
year
Updating frequency:
eight times a year
Statistics:
Updated:
Future releases
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Documentation
Description of the production, used methods and quality of the statistics.
Go to documentation of the statisticsReferencing instructions
Official Statistics of Finland (OSF): International trade in goods and services [online publication].
Reference period: 2023, 3rd quarter. ISSN=2343-4244. Helsinki: Statistics Finland [Referenced: 22.11.2024].
Access method:
Statistical experts
Inquiries primarily
Service email
globalisaatio.tilastot@stat.fiJoonas Pohja
Senior Statistician
029 551 3898
Other experts
Head of Department in charge
Katri Kaaja
Head of Department in charge
029 551 3488