(Recasts with annual deficit, details on Nokia)
HELSINKI Feb 7 Finland recorded a trade deficit
for the second year in a row in 2012 as exports of paper
products and electronics such as Nokia phones fell,
data showed on Thursday.
The National Customs Board data also showed the chemical
industry was now the country's biggest export sector, replacing
the technology and forest industries, previously the two pillars
of the small Nordic economy.
Nokia has been losing market share in recent years to rivals
such as Samsung, and has also been moving production overseas.
In November, Finland exported only 16,000 phones, down from 1.1
million devices a year earlier.
The trade deficit for 2012 was 2.3 billion euros ($3.1
billion) as growth in the chemicals industry, led by companies
such as refiner Neste Oil and drug maker Orion
, failed to compensate for weakness in paper and
Finland booked a trade deficit of 3.7 billion euros in 2011
after recording a surplus for 20 years.
($1 = 0.7387 euros)
(Reporting by Jussi Rosendahl. Editing by Jeremy Gaunt.)