FX.co ★ Finnish Trade Deficit Narrows in April

In April 2025, Finland's trade deficit significantly decreased to EUR 0.10 billion, improving from EUR 0.47 billion recorded in the same month the previous year, as per initial estimates. Exports declined by 3.3% year-over-year to EUR 6.1 billion, attributed primarily to an 11.2% reduction in shipments to non-EU countries. Conversely, this downturn was slightly offset by a 2.7% growth in exports to EU countries. Notably, export volumes surged mainly to Poland (38%), Sweden (12.2%), and Italy (7.7%). On the import side, there was an 8.7% drop to EUR 6.2 billion, driven chiefly by reduced acquisitions from both EU (8.4%) and non-EU countries (9%). However, imports rose prominently from Norway (124%), Spain (17.4%), and the US (1%).