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Published: 15 June 2017

Value of exports grew in April, net capital outflow from Finland

The current account was EUR 0.7 billion in deficit in April. The value of exports of goods and services grew by four per cent and the value of imports by two per cent from the previous year. There was net capital outflow from Finland. The data appear from Statistics Finland's statistics on balance of payments and international investment position.

Current account and trade account

Current account

The current account was EUR 0.7 billion in deficit in April. The 12-month moving total of the current account was EUR 1.9 billion in deficit.

Of the sub-items of the current account, the trade account in balance of payments terms was in balance. The value of goods exports in balance of payments terms grew by three per cent from twelve months back and totalled EUR 4.5 billion. The value of goods imports in balance of payments terms grew by four per cent from twelve months back. The service account showed a deficit of EUR 0.2 billion.

The primary income account was EUR 0.3 billion in deficit. The primary income account includes investment income like interests and dividends. The secondary income account was EUR 0.2 billion in deficit.

The quarterly data for the balance of payments will be published on 21 June 2017. The quarterly publication also includes data on international investment position.

The statistics on international trade in goods and services will also be published on 21 June 2017, including quarterly export and import figures in balance of payments terms by service item and area. Adjustments made to the Finnish Customs’ foreign trade figures are also broken down in the statistics on international trade in goods and services.

Current account and trade account, 12 –month moving total

Financial account

In April, net capital outflow from Finland amounted to EUR 3.0 billion. Of the sub-items of the financial account, net capital outflow was mostly in the form of other investments, EUR 2.1 billion.

Source: Balance of payments and international investment position, Statistics Finland

Inquiries: Saana Ranta-Ruona 029 551 3375, Tapio Kuusisto 029 551 3318, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

Publication in pdf-format (256.5 kB)

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Appendix tables

• Appendix table 1. Balance of payments, monthly, EUR million (15.6.2017)
• Appendix table 2. Current account, monthly, EUR million (15.6.2017)
• Appendix table 3. External assets and liabilities, by investment type, monthly, EUR million (15.6.2017)
• Appendix table 4. Balance of payments, EUR million (15.6.2017)

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Updated 15.6.2017