Finland-Azerbaijan Trade: In 2023, Finland exported $104M to Azerbaijan. The main products that Finland exported to Azerbaijan were Electric Generating Sets ($74.5M), Butter ($4.54M), and Broadcasting Equipment ($2.28M). Over the past 5 years the exports of Finland to Azerbaijan have increased at an annualized rate of 22.9%, from $37.1M in 2018 to $104M in 2023.
In 2023, Finland did not export any services to Azerbaijan.
Azerbaijan-Finland Trade: In 2023, Azerbaijan exported $4.35M to Finland. The main products that Azerbaijan exported to Finland were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($3.96M), Fruit Juice ($239k), and Motor-working Tools ($40k). Over the past 5 years the exports of Azerbaijan to Finland have increased at an annualized rate of 29%, from $1.22M in 2018 to $4.35M in 2023.
In 2008, Azerbaijan exported services to Finland worth $11k, with Communications services ($11k) being the largest in terms of value.
Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).