Le Nord : revue internationale des Pays de Nord - 01.06.1939, Page 116
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LE NORD
cord income was derived from lum-
ber work and the sale of timber. As,
however, the demand for paper and
pulp industrial products has de-
creased, lumber work will be great-
ly reduced this winter.
The first place in Finland’s
foreign trade was occupied by Eng-
land. The value of the Finnish ex-
ports to England was 3,699.9 mil-
lion marks, that of the imports from
England 1,857.3 million marks. The
turn- over was thus 5,557.2 millions.
The second place was occupied by
Germany; goods were exported to
Germany to a value of 1,279.2 mil-
lion marks and imported from Ger-
many to a value of 1,722.7 millions.
The total value of the German-
Finnish trade was accordingly
3,001.9 million marks. The third
place was taken by the United Sta-
tes. Goods were exported to U.S.A.
to a value of 773.6 million marks
and imported from U.S.A. for 773.1
million marks, the value of the total
trade being 1,546.7 million marks.
Finland exported to Sweden to a
value of 404.7 millions and im-
ported for 1,116.1 million marks.
The value of the total trade with
this country was 1,520.8 million
marks.
It should be noticed that the Fin-
nish balance of trade with England
is favourable, while that with Ger-
many and Sweden is adverse. The
imports and exports balance almost
exactly in the trade between U.S.A
and Finland.
A clear tendency has been ap-
parent of late years in Finnish
foreign trade; imports from Eng-
land have grown and those from
Germany have diminished. It is also
noteworthy that Finland’s exports
to England have been mainly raw
or semi-manufactured materials,
while imports from the same count-
ry are composed mainly of machi-
nery, manufactured products and
coal.
A Finnish Commercial Deputa-
tion, consisting of 15 Finnish busi-
ness men, will leave this country
for England in April.
Sir Norman Vernon, head of the
Finnish Section of the London
Chamber of Commerce, who arrived
here at the beginning of February,
has made the following statement in
regard to the deputation’s journey:-
“The representatives of the Brit-
ish textile industry in particular are
interested in the Finnish market, but
the members of the party can rest
assured that their arrival is awaited
with pleasurable anticipation by all
parties”.
Sir Norman Vernon also acknow-
ledged at the same time that rear-
mament in Great Britain has placed
difficulties in the way of the growth
of her export trade with Finland
and that the latter has, for this
reason, been unable to place as many
orders with England as she would
have wished.