Finland's trade deficit widened sharply to EUR 0.55 billion in January 2026, more than doubling from EUR 0.27 billion in the same month a year earlier, according to preliminary estimates. Imports rose 8.4% year-on-year to EUR 6.4 billion, primarily driven by higher purchases from EU member states, which increased 2.8% to EUR 3.6 billion, while imports from non-EU countries surged 16.4% to EUR 2.8 billion. It should be noted that imports from EU countries are now compiled using a new methodology starting January 2026, so only total values are comparable with those of 2025. Finnish Customs will not publish other annual change data for 2026. Meanwhile, exports grew 3.7% to EUR 5.9 billion, supported mainly by rising sales to non-EU markets, which jumped 11.6% to EUR 2.6 billion, led by China (3.4%) and the US (47.5%). In contrast, exports to EU countries fell 1.8% to EUR 3.3 billion, weighed down by declines in shipments to the Netherlands (-24.9%) and Belgium (-28.5%).