Finland / Azerbaijan

Finland-Azerbaijan Trade: In 2022, Finland exported $130M to Azerbaijan. The main products that Finland exported to Azerbaijan were Spark-Ignition Engines ($99.6M), Butter ($5.38M), and Harvesting Machinery ($4.5M). Over the past 5 years the exports of Finland to Azerbaijan have increased at an annualized rate of 45.7%, from $19.9M in 2017 to $130M in 2022.

In 2022, Finland did not export any services to Azerbaijan.

Azerbaijan-Finland Trade: In 2022, Azerbaijan exported $779k to Finland. The main products that Azerbaijan exported to Finland were Ethylene Polymers ($229k), Packing Bags ($158k), and Fruit Juice ($150k). Over the past 5 years the exports of Azerbaijan to Finland have decreased at an annualized rate of 14.7%,  from $2.36M in 2017 to $779k in 2022.

In 2008, Azerbaijan exported services to Finland worth $11k, with Communications services ($11k) being the largest in terms of value.

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).