Exports grew more slowly than imports in the second quarter of 2022

Release related to topics:National economy
release | International trade in goods and services 2022, 2nd quarter

Service exports grew by 18 per cent in the second quarter of 2022 compared with the corresponding quarter one year previously. Service imports grew by 36 per cent over the same period. In the second quarter of 2022, the value of service exports was EUR 7.5 billion and that of service imports EUR 9.7 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 EUR 6.9 billion (30 %) from the second quarter of the year before.
  • Imports increased by EUR 9.5 billion (41 %) from the second quarter of the year before.
  • Imports of services grew by EUR 2.6 billion (36 %) from one year ago, which was considerably more than the growth of EUR 1.2 billion (18 %) in exports of services.
  • Imports of travel have almost returned to the level prior to the corona pandemic.
  • The exceptionally big difference between imports and exports of services is mainly explained by the fact that exports of travel were only 60 per cent of the pre-pandemic level and that exports of transport services have not mirrored the strong growth in imports of transport services.

Figures

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Exports and imports of goods and services by service item 2013Q1-2022Q2

Exports and imports of goods and services by region 2013Q1-2022Q2

Tables

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International trade in goods and services by service item 2019Q2-2022Q2

International trade in goods and services by region 2021Q2-2022Q2

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:

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, 2nd quarter. ISSN=2343-4244. Helsinki: Statistics Finland [Referenced: 13.5.2025].
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029 551 3898

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Juho Keva
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