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National economy

Export of services increased and imports remained the same in the first quarter of 2024

release | International trade in goods and services 2024, 1st quarter

According to Statistics Finland, the value of service exports increased by 3 % in the first quarter of 2024 compared to the corresponding quarter of the year before. The value of service imports remained the same by over the same period. The value of service exports was EUR 8.2 billion and service imports EUR 10.0 billion in the first quarter of 2024.

Key selections

  • Exports of goods and services decreased by EUR 3.4 billion (-12 %) in the first quarter of 2024 compared to the previous year.
  • Imports of goods and services decreased by EUR 2.1 billion (-7 %).
  • The value of goods exports decreased by EUR 3.6 billion and the value of goods imports decreased by EUR 2.2 billion from previous year. The balance of trade in goods was EUR 0.1 billion in surplus.
  • The services account strengthened by EUR 0.2 billion from previous year and was EUR 1.8 billion in deficit. Exports of services were boosted in particular by the growth in exports of charges for the use of intellectual property.

Figures

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Exports and imports of goods and services by service item 2013Q1-2024Q1

Exports and imports of goods and services by region 2013Q1-2024Q1

Tables

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International trade in goods and services by service item 2021Q1-2024Q1

International trade in goods and services by region 2021Q1-2024Q1

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Background information

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Statistical experts

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Joonas Pohja
Senior Statistician
029 551 3898
Other experts
Head of Department in charge