Brisk growth in exports and imports of services in the first quarter of 2022

Release related to topics:National economy
release | International trade in goods and services 2022, 1st quarter

Change

There was an exceptional revision in the data of international trade in services for the statistical reference years 2020 and 2021 in the release of 20 June 2022, because of the deficiency of the sampling frame of the inquiry on international trade in services and international flows of goods.
Read more about the change

Service exports grew by 15 per cent in the first quarter of 2022 when compared with the corresponding quarter one year previously. Service imports grew by 24 per cent over the same period. In the first quarter of 2022, the value of service exports was EUR 6.8 billion and that of service imports EUR 8.3 billion. The data appear from Statistics Finland's statistics on international trade in goods and services, which are part of balance of payments.


Key selections

  • Exports grew by 24 per cent from the previous year's first quarter.
  • Imports increased by 33 per cent from the first quarter of the previous year.
  • Exports of services grew by EUR 0.9 billion or by 15 per cent.
  • Imports of services went up by EUR 1.6 billion or by 24 per cent.
  • The recovery of tourism and transportation from the corona pandemic explains most of the growth in service exports and imports. 

Change

There was an exceptional revision in the data of international trade in services for the statistical reference years 2020 and 2021 in the release of 20 June 2022, because of the deficiency of the sampling frame of the inquiry on international trade in services and international flows of goods.
Read more about the change

Figures

See key statistical data in the figures.

International trade in goods and services by service item 2021Q1-2022Q1

International trade in goods and services by region 2021Q1-2022Q1

Tables

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International trade in goods and services by region 2021Q1-2022Q1

International trade in goods and services by service item 2021Q1-2022Q1

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

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): International trade in goods and services [online publication].
Reference period: 2022, 1st quarter. ISSN=2343-4244. Helsinki: Statistics Finland [Referenced: 17.12.2024].
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Statistical experts

Inquiries primarily

Joonas Pohja
Senior Statistician
029 551 3898

Other experts

Juho Keva
Senior Statistician
029 551 3601

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Katri Kaaja
Head of Department in charge
029 551 3488