Skip to content

Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Finland and Spain, each channel at its own period. Left, Finland to Spain; right, Spain to Finland.

Finance to trade

positions ÷ goods, both directions
Finance to trade–positions ÷ goods, both directions
Financial positions, both directions17.6USD bn
Goods, both directions–Below the backbone of 1,500 flows

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceFinland → SpainSpain → Finlandother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnOct 2010 · 1.4 / 0.8035Bank claims · quarterly · USD bnQ2 2026 · 0.1 / 1.3013Portfolio holdings · half-yearly · USD bnDec 2025 · 6.3 / 9.301020Direct investment · annual · USD bn2024 · 0.6 / 0.0011Finance to trade · quarterly, positions both ways ÷ goods both waysQ1 2010 · 5.7×0.0×5.0×10×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Finland → Spain

Aug 2025–Jul 2026

exports of Finland to Spain, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods Spain → Finland

Aug 2025–Jul 2026

exports of Spain to Finland, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Finland → Spain

Q2 2026

loans and deposits of banks in Finland on residents of Spain

Position0.1USD bn
Flow in the quarter0.0USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Spain → Finland

Q2 2026

loans and deposits of banks in Spain on residents of Finland

Position1.3USD bn
Flow in the quarter−0.1USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Finland → Spain

Q4 2025

securities issued in Spain held by investors in Finland

Total6.3USD bn
Equity1.8USD bn
Debt securities–
Sources

Holder to issuer, Q4 2025.

Spain → Finland

Q4 2025

securities issued in Finland held by investors in Spain

Total9.3USD bn
Equity3.2USD bn
Debt securities6.1USD bn
Sources

Holder to issuer, Q4 2025.

Finland → Spain

2024

position of investors in Finland in Spain

Position0.6USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

Spain → Finland

2024

position of investors in Spain in Finland

Position0.0USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.