Meanwhile, in 2021 the Finnish trade deficit increased from 2.3 billion euros to 4.1 billion euros, with customs noting that the rise in import prices for energy had a significant impact on the total value of imports last year. The deficit in trade with EU countries was 3.3 billion euros, while with non-EU countries it was only 725 million euros.
In country-specific statistics for January-November 2021, exports to Russia increased the most by 21.4 percent, followed by China by 19.9 percent. Germany was the largest recipient of Finnish goods, with a share of 13.5 percent, followed by Sweden at 10.5 percent.
In imports, purchases from Russia increased the most, by 40.3 percent, followed by Sweden by 24.4 percent. Germany was the largest importer to Finland, with a 15.1 percent share of imports, followed by Sweden and Russia with 11.5 percent, and China with 8.8 percent.
The total value of exports by the forest industry sector increased by 25.6 percent in January-November 2021 compared to the same period in 2020.
The value of paper pulp exports increased by 36.1 percent in January-November 2021. Customs said that the increase was mainly due to a rise in export prices. The value of paper and paperboard exports increased by 10.8 percent in the same period, mainly due to a rise in export volumes.
The value of exports of machinery, equipment and means of transport showed an overall increase of 12.0 percent in January-November 2021.
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