World Economy

Finland’s Food Export

Finland’s Food ExportFinland’s Food Export

Finland’s food export to Russia slumped by 58 percent last August against the same month of 2013, the Finnish Customs said on Friday, according to a report by Itar Tass. “The nearly 60 percent slump reflects the fall in the export of dairy products. The export of meat has reduced insignificantly,” a customs official told TASS. In contrast to July 24, 2014 the export of foods from Finland to Russia in August was down by 63 percent. Eighty eight percent of the decline occurred due to the reduction of dairy products export following Russia’s food embargo.