Export of services increased and imports decreased in the second quarter of 2024

Release related to topics:National economy
release | International trade in goods and services 2024, 2nd quarter

According to Statistics Finland, the value of service exports increased by 11 % in the second quarter of 2024 compared to the corresponding quarter of the year before. The value of service imports decreased by 2 % over the same period. The value of service exports was EUR 8.5 billion and service imports EUR 10.3 billion in the second quarter of 2024.

Key selections

  • Exports of goods and services increased by EUR 0.1 billion (0 %) in the second quarter of 2024 compared to the previous year.
  • Imports of goods and services decreased by EUR 0.9 billion (-3 %).
  • The value of goods exports decreased by EUR 0.8 billion and the value of goods imports decreased by EUR 0.8 billion from previous year. The balance of trade in goods was EUR 2.3 billion in surplus.
  • The services account strengthened by EUR 1.0 billion from previous year and was EUR 1.8 billion in deficit. Exports of services were boosted in particular by the growth in exports of telecommunications, computer and information services. Imports of services were most affected by decrease in imports of research and development services.

Figures

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Exports and imports of goods and services by service item 2013Q1-2024Q2

Exports and imports of goods and services by region 2013Q1-2024Q2

Tables

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International trade in goods and services by service item 2021Q2-2024Q2

International trade in goods and services by region 2021Q2-2024Q2

Database tables

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Updated database tables
Classifications used:
  • Service item
  • Region
Reference period cycle:
quarter
Updating frequency:
eight times a year
Updated:
Classifications used:
  • Service item
Reference period cycle:
quarter
Updating frequency:
eight times a year
Updated:

Future releases

Documentation

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Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): International trade in goods and services [online publication].
Reference period: 2024, 2nd quarter. ISSN=2343-4244. Helsinki: Statistics Finland [Referenced: 16.10.2024].
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Joonas Pohja
Senior Statistician
029 551 3898

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Juho Keva
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Katri Kaaja
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029 551 3488