Market Commentary and Intraday News
Finnish Trade Surplus Rises In July
257 days ago
(RTTNews) - Finland's merchandise trade surplus increased from the previous month in July, data released by the customs office showed Friday.
The trade surplus increased to EUR60 million in July from EUR35 million in June. In July 2011, the balance was a deficit of EUR184 million.
Export of goods increased 2 percent annually to EUR4.5 billion in July. Shipments to the European Union were higher by 1 percent, while exports to the Eurozone remained unchanged.
The value of imports, meanwhile, decreased by 3 percent from last year to EUR4.44 billion in July. Arrivals form the EU nations increased by 2 percent compared to July 2011, while imports for the Eurozone advanced 5 percent, data showed.
In the January-July period, Finland trade balance was a deficit of EUR1.12 billion. The value of dispatches remained unchanged during the seven-month period, while imports decreased 1 percent.
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