Finland: Exports to Russia increased

Finnish exports to Russia grew for the first time for almost three years in August, Helsinki Times reports.

Numbers from the Finnish Custom show that the value of exports to Russia increased by two percent year-on-year drives by an up-tick in the exports of equipment and machinery, oil products, and paper and paperboard. The previous increase in the monthly value of exports to the country was recorded in December, 2013.

The value of exports to all countries, however, dropped by roughly two per cent from the corresponding period last year to 3.9 billion euros in August, following a decline in exports to a number of important markets, such as Germany, Sweden and the Netherlands. China, France, Great Britain and the United States, on the other hand, were among the important markets to which exports increased in August.