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Growth in international trade continued measured in euros in the third quarter of 2022

release | International trade in goods and services 2022, 3rd quarter

Change

Revisions to the data for 2021 and 2020 exceptionally in connection with the December release. The change affects goods exports.
Read more about the change

Measured in euros, service exports grew by 18 per cent in the third quarter of 2022 compared to the corresponding quarter of the previous year. Service imports grew by 30 per cent measured in euros. According to Statistics Finland, the value of service exports in the third quarter was EUR 7.9 billion and that of service imports EUR 9.8 billion.

Key selections

  • Exports grew by EUR 5.5 billion (22 %) compared with the third quarter of the previous year, while imports grew by EUR 7.7 billion (31 %) compared with the same period. 
  • Exports of services were EUR 1.2 billion (18 %) and imports of services were EUR 2.3 billion (30 %) higher than one year ago.
  • The growth in service trade is particularly explained by the continued recovery of transport and travel services from the pandemic. Goods trade turned to a decline from the previous quarter.
  • The item Factoryless goods production, goods sent abroad for processing and merchanting of goods exports tripled from the previous year and its significance to international trade is growing.
  • Data on the volume of international trade can be found in the statistics on quarterly
    national accounts
    .

Change

Revisions to the data for 2021 and 2020 exceptionally in connection with the December release. The change affects goods exports.
Read more about the change

Figures

See key statistical data in the figures.

Exports and imports of goods and services by service item 2013Q1-2022Q3

Exports and imports of goods and services by region 2013Q1-2022Q3

Tables

See key statistical data in the tables.

International trade in goods and services by service item 2019Q3-2022Q3

International trade in goods and services by region 2019Q3-2022Q3

Database tables

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Updated database tables

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Background information

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Statistical experts

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