HELSINKI: Net capital inflow to Finland amounted to EUR 5.0 billion in the first quarter of 2015, according to Statistics Finland. The main source of inward capital flow on net was direct investments, EUR 9.5 billion.
Correspondingly, outward capital flow on net was mainly in the form of other investments (loans, deposits and trade credits), totalling EUR 3.5 billion, the data show. The trade account was in balance during the period in balance of payment terms On the financial account side there was net capital inflow, mainly in form of direct investments.
In April, the trade account was pushed into surplus as exports increased slightly and imports decreased further, the data show. Exports of goods made a downturn as goods exports to Russia declined strongly. Service exports remained on last year’s level. The current account was EUR 1.2 billion in deficit in the first quarter. The deficit was generated from the service, primary and secondary income accounts. Finland’s current account and trade account, 12 –month moving sum. Source: Balance of payments and international investment position, Statistics Finland. The total value of goods exports was EUR 12.9 billion in the first quarter of 2015.
