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Post-coronavirus forecast of export volume change in Finland 2019-2022

According to a forecast, the volume of Finnish exports is expected to decline dramatically due to the economic crisis caused by the coronavirus (COVID-19) pandemic in 2020. The export volume is expected to fall by 14 percent during 2020. By contrast, the export volume grew by 7.2 percent in the previous year. In 2021 and 2022, volume for exports is forecasted to increase again, but the pre-crisis level of 2019 will not be achieved by 2022.

Forecast for export volume change in Finland from 2019 to 2022

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Release date

June 2020



Survey time period

Summer 2020

Supplementary notes

The source adds the following information: "The assumption in the forecast is that the covid-19 pandemic will gradually fade away and that there will not be any second wave in the autumn. However, consumer confidence and Finland’s economic performance remain weak as long as there is no effective coronavirus vaccine or treatment."

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Statistics on "Economic impact of COVID-19 in Finland"

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