Italy / Finland

Italy-Finland Trade: In 2022, Italy exported $1.77B to Finland. The main products that Italy exported to Finland were Motor vehicles; parts and accessories (8701 to 8705) ($111M), Packaged Medicaments ($91.1M), and Valves ($65.3M). Over the past 5 years the exports of Italy to Finland have increased at an annualized rate of 10%, from $1.1B in 2017 to $1.77B in 2022.

In 2020, Italy exported services to Finland worth $503M, with Other business services ($403M), Travel ($49.2M), and Transportation ($13.7M) being the largest in terms of value.

Finland-Italy Trade: In 2022, Finland exported $1.64B to Italy. The main products that Finland exported to Italy were Large Flat-Rolled Stainless Steel ($394M), Refined Copper ($157M), and Kaolin Coated Paper ($135M). Over the past 5 years the exports of Finland to Italy have increased at an annualized rate of 6.05%,  from $1.22B in 2017 to $1.64B in 2022.

In 2020, Finland exported services to Italy worth $428M, with Computer and information services ($250M), Other business services ($76.5M), and Transportation ($46.8M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).