Finland Trade Balance Swings To Deficit In December

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Finland's trade balance logged a deficit of EUR 50 million in December following the EUR 55 million surplus recorded in the previous month, the National Board of Customs reported on Tuesday.

Exports fell 16% year-on-year to EUR 3.55 billion while imports slumped 15% to EUR 3.60 billion.

In full year 2009, exports fell 32% compared to 2008 and imports were down 31%. A cumulative trade surplus of EUR 1.77 billion was registered.

Finland's trade balance logged a deficit of EUR 50 million in December following the EUR 55 million surplus recorded in the previous month, the National Board of Customs reported on Tuesday. (Market News Provided by RTTNews)