Value of exports of goods and services continued growing in the first quarter of 2023

Release related to topics:National economy
release | International trade in goods and services 2023, 1st quarter

Correction

Contrary to what was previously stated in the change release, exports and imports for the first quarter of 2023 were not updated in connection with the August release. The data for the first quarter were and are in accordance with the June release.
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Change

The data on international trade in goods and services released on 20 June 2023 include an exceptional revision related to the value of exports of goods and services and the value of imports of services in 2022. Exports of goods were revised upward by EUR 1.1 billion, exports of services by EUR 0.7 billion and imports of services by EUR 0.7 billion.
Read more about the change

According to Statistics Finland, the value of exports of services grew by six per cent in the first quarter of 2023 compared to the corresponding quarter of the year before. The value of service imports grew by 19 per cent over the same period. The value of exports of services was EUR 7.7 billion and that of imports EUR 10.0 billion in the first quarter of 2023.

Key selections

  • Exports of goods and services grew by EUR 1.6 billion (6%) in the first quarter of 2023.
  • The value of imports of goods and services remained unchanged. For the first time since the beginning of the corona pandemic, total imports did not increase.
  • As regards imports, the development of the value of goods and services diverged strongly. The value of imports of goods decreased by EUR 1.6 billion while the value of imports of services rose by EUR 1.6 billion compared with the corresponding quarter last year.
  • In connection with this publication, data for 2022 were also published in the database table International trade in services by region and service item, annually. In annual data, international trade in services is described in more detail than quarterly data both by service item and region.
  • In addition to this release, a review on international trade in goods and services was also published, in which the effects of recent crises, the pandemic and war, on Finland's international trade are examined. The review is available here.

Change

The data on international trade in goods and services released on 20 June 2023 include an exceptional revision related to the value of exports of goods and services and the value of imports of services in 2022. Exports of goods were revised upward by EUR 1.1 billion, exports of services by EUR 0.7 billion and imports of services by EUR 0.7 billion.
Read more about the change

Figures

See key statistical data in the figures.

Exports and imports of goods and services by service item 2013Q1-2023Q1

Exports and imports of goods and services by region 2013Q1-2023Q1

Tables

See key statistical data in the tables.

International trade in goods and services by service item 2020Q1-2023Q1

International trade in goods and services by region 2020Q1-2023Q1

Database tables

Pick the data you need into tables, view the data as graphs, or download the data for your use.

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: 2023, 1st quarter. ISSN=2343-4244. Helsinki: Statistics Finland [Referenced: 16.11.2024].
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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