India / Finland

Overview In July 2024, India exported $35.3M and imported $75.5M from Finland, resulting in a negative trade balance of $40.2M. Between July 2023 and July 2024 the exports of India have decreased by $-1.26M (-3.45%) from $36.6M to $35.3M, while imports decreased by $-28.1M (-27.1%) from $104M to $75.5M.

Trade In July 2024, the top exports of India to Finland were Electric Machinery And Equipme ($11.5M), Drug Formulations, Biologicals ($8.07M), Products Of Iron And Steel ($2.75M), Iron And Steel ($2.19M), and Leather Footwear Component ($2.03M). In July 2024 the top imports of India from Finland were Fertilezers Manufactured ($97.9M), Electronics Components ($44.2M), Electric Machinery And Equipme ($10.6M), Paper, Paper Board And Product ($9.22M), and Electronics Instruments ($7.99M).

Growth In July 2024, the decrease in India's year-by-year exports to Finland was explained primarily by an decrease in product exports in Indl. Machnry For Dairy Etc ($-1.15M or -76.2%), Carpet(Excl. Silk) Handmade ($-602k or -84.2%), and Products Of Iron And Steel ($-555k or -16.8%). In July 2024, the decrease in India's year-by-year imports  from Finland was explained primarily by an decrease in product imports  in Atm, Injctng Mlding Mchnry Etc ($-1.22M or -59.8%), Telecom Instruments ($-797k or -40.3%), and Residul Chemicl And Alled Prod ($-444k or -17.5%).