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Finland increases exports to Asia by 59%

Finland increases exports to Asia by 59%

Helsinki: Finnish exports of softwood lumber and planed lumber increased by 15% in the third quarter vis à vis last year’s comparative quarter to 2.07m m³. According to the Finnish customs authority, deliveries to customers in Europe rose by 9% to 812,148m³. At 646,006m³, exports to East Asia were 59% above the figure of the previous year. Exports to the Near and Middle East increased by 5% to 224,091m³. Deliveries to North Africa, in contrast, at 370,533m³ fell short of the preceding year’s figure by 12%. Classified according to ranges, in the third quarter Finnish suppliers exported 1.92m m³ rough-sawn softwood lumber, constituting a value of €359.0m. The notional value of exported softwood lumber per cubic metre therefore increased slightly to an average of €187/m³. Planed lumber exports amounted to a volume of 147,005m³. Vis à vis the comparative quarter of the preceding year the export value increased by 39% to €41.8m. In the first quarter imports increased by 14%, this was followed by a stable development in the second quarter.