Exports of services fell and imports of services grew in the second quarter of 2023
Release related to topics:National economy
release | International trade in goods and services 2023, 2nd quarterAccording to Statistics Finland, the value of service exports fell by four per cent in the second quarter of 2023 compared to the corresponding quarter of the year before. The value of service imports grew by four per cent over the same period. The value of service exports was EUR 7.5 billion and that of imports EUR 10.2 billion in the second quarter of 2023.
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Key selections
- Exports of goods and services decreased by EUR 2.4 billion (-8%) in the second quarter of 2023 compared to one year ago.
- The value of goods and service imports fell considerably more than that of exports, by EUR 3.9 billion (-12%).
- The value of goods imports went down by EUR 4.3 billion and the value of goods exports by EUR 2.1 billion. The value of goods exports was EUR 2.3 billion higher than that of goods imports.
- The fallen prices of goods from the top figures of the previous year decreased the value of international trade. Data on the volume of international trade can be found in the statistics on quarterly national accounts.
- The service account continued declining in the second quarter and was EUR 2.6 billion negative. Exports of services decreased particularly due to the fall in exports of ICT services and imports of services were boosted especially by Finns’ travel abroad.
Figures
See key statistical data in the figures.
Exports and imports of goods and services by service item 2013Q1-2023Q2
Exports and imports of goods and services by region 2013Q1-2023Q2
Tables
See key statistical data in the tables.
International trade in goods and services by service item 2020Q2-2023Q2
International trade in goods and services by region 2020Q2-2023Q2
Database tables
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Updated database tables
Classifications used:
- Service item
- Region
Reference period cycle:
quarter
Updating frequency:
eight times a year
Statistics:
Updated:
Classifications used:
- Service item
Reference period cycle:
quarter
Updating frequency:
eight times a year
Statistics:
Updated:
Classifications used:
- Service item
- Region
Reference period cycle:
year
Updating frequency:
eight times a year
Statistics:
Updated:
Future releases
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Documentation
Description of the production, used methods and quality of the statistics.
Go to documentation of the statisticsReferencing instructions
Official Statistics of Finland (OSF): International trade in goods and services [online publication].
Reference period: 2023, 2nd quarter. ISSN=2343-4244. Helsinki: Statistics Finland [Referenced: 21.12.2024].
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Statistical experts
Inquiries primarily
Service email
globalisaatio.tilastot@stat.fiJoonas Pohja
Senior Statistician
029 551 3898
Other experts
Head of Department in charge
Katri Kaaja
Head of Department in charge
029 551 3488