International Merchandise Trade Statistics: Trade Balance: Commodities for Finland
FINXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165,446,300.00
Year-over-Year Change
-572.26%
Date Range
1/1/1957 - 5/1/2025
Summary
The Trade Balance: Commodities for Finland measures the difference between Finland's exports and imports of physical goods. It is a key economic indicator that provides insights into Finland's international trade performance and competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Trade Balance: Commodities for Finland tracks the monthly net flow of physical goods traded between Finland and other countries. It is a widely followed metric that reveals Finland's trade position and can signal underlying trends in the country's economic health and global integration.
Methodology
The data is compiled by Finland's customs authorities based on physical shipment records.
Historical Context
Economists and policymakers closely monitor Finland's trade balance to assess the nation's external sector and guide policies affecting imports, exports, and the exchange rate.
Key Facts
- Finland runs a trade surplus as of the latest data.
- The trade balance accounts for a significant portion of Finland's GDP.
- Commodities dominate Finland's merchandise trade flows.
FAQs
Q: What does this economic trend measure?
A: The Trade Balance: Commodities for Finland measures the monthly difference between the value of Finland's exports and imports of physical goods and commodities.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a vital indicator of Finland's international competitiveness, economic health, and global integration. It informs analysts' assessments of Finland's external sector performance.
Q: How is this data collected or calculated?
A: The data is compiled by Finland's customs authorities based on physical shipment records.
Q: How is this trend used in economic policy?
A: Policymakers in Finland and abroad monitor the trade balance to assess the nation's external position and inform policies affecting imports, exports, and the exchange rate.
Q: Are there update delays or limitations?
A: The data is published with a short lag, providing a timely reflection of Finland's recent trade activity. However, the figures may be subject to later revisions by the compiling authorities.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Finland
LFWATTTTFIQ647S
Financial Market: Share Prices for Finland
SPASTT01FIM661N
Number of Listed Companies for Finland
DDOM01FIA644NWDB
Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Finland
BCEMFT02FIM460S
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Finland
ULQELP01FIQ657S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Finland
FINCPICORAINMEI
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Trade Balance: Commodities for Finland (FINXTNTVA01CXMLM), retrieved from FRED.