HELSINKI, May 7 (Xinhua) -- The value of Finnish exports of goods rose by 12.5 percent, while exports to China surged by 50.5 percent in March this year, according to statistics published by the Finnish Customs on Friday.
Statistics show that in March 2021, the value of Finnish exports was 5.7 billion euros (6.8 billion U.S. dollars), increasing by 12.5 percent from the corresponding month in 2020, and the value of imports was 6 billion euros, rising by 11 percent year-on-year.
Finland's export growth in March was driven largely by the surge in the value of exports to China, which amounted to 312 million euros, with a sharp increase of 50.5 percent. Besides, Finland's imports from China also increased drastically by 22.6 percent with a value of 487.8 million euros, said the Customs.
In March, Finnish exports to European Union (EU) member countries increased by 7.6 percent, and exports to non-EU countries rose by 19 percent. Imports from EU member countries increased by 8.5 percent and imports from non-EU countries were up by 15 percent.
Compared to March of the previous year, among the export growth, the value of pulp and timber rose the most, while oil and petroleum products took the lead among the import increase.
During the January-March period, the total value of Finnish exports increased by 3.6 percent and the value of imports by 0.6 percent year-on-year. The trade deficit amounted to 985 million euros, comparing to 1.4 billion euros in deficit in the correspondent period last year, said the Customs. (1 euro=1.21 U.S. dollars)