Finland / India

Finland-India Trade: In 2023, Finland exported $994M to India. The main products that Finland exported to India were Integrated Circuits ($127M), Other Sea Vessels ($96.5M), and Electrical Transformers ($43.5M). Over the past 5 years the exports of Finland to India have increased at an annualized rate of 1.38%, from $928M in 2018 to $994M in 2023.

In 2020, Finland exported services to India worth $458M, with Computer and information services ($267M), Royalties and license fees ($120M), and Other business services ($51.4M) being the largest in terms of value.

India-Finland Trade: In 2023, India exported $778M to Finland. The main products that India exported to Finland were Electric Motor Parts ($121M), Other Engines ($102M), and Packaged Medicaments ($69.6M). Over the past 5 years the exports of India to Finland have increased at an annualized rate of 12.9%,  from $425M in 2018 to $778M in 2023.

In 2023, India did not export any services to Finland.

Comparison: In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).