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Value of energy imports remained on level with last year in January to March 2024

release | Energy supply and consumption 2024, 1st quarter

According to Statistics Finland's preliminary data, energy products were imported to Finland to the value of EUR 3.1 billion in January to March 2024, which was nearly the same as one year earlier. The main energy import products based on value were crude oil, medium distillates and other oil products. The value of exports of energy products amounted to EUR 1.2 billion, which was 31 per cent less than in the previous year.

Key selections

  • The main energy export products based on value were motor gasoline, medium distillates and other oil products.
  • Natural gas was not imported or exported in the first quarter of 2024 due to the damage to the Balticconnector gas pipeline.
  • The import volume of liquefied natural gas was nearly six-fold compared to the previous year. In the first quarter of 2024, the demand for natural gas in Finland was fully met by the import of LNG.
  • Imports of electricity in January to March 2024 amounted to 3.1 TWh, which was four per cent less than in the year before. Electricity exports totalled 1.0 TWh, which was 45 six per cent less than in the year before.
  • In January to March 2024, the main import countries for energy products examined by value were Norway, Sweden and the USA. Examined by value, the most important export countries for energy products were Sweden, the Netherlands and Belgium.

Tables

See key statistical data in the tables.

Energy import and export, cumulative value from beginning of the year, 2024Q1*

Database tables

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Updated database tables
13j9
Classifications used:
  • Flow
  • Energy product
  • Country
Period:
quarter
Statistics:
Updated:
13gn
Classifications used:
  • Flow
  • Energy product
  • Country
Period:
quarter
Statistics:
Updated:

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Aira Hast
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