Finland / India

Finland-India Trade: In 2022, Finland exported $671M to India. The main products that Finland exported to India were Nitrogenous Fertilizers ($442M), Integrated Circuits ($186M), and Acyclic Alcohols ($68.7M). Over the past 5 years the exports of Finland to India have increased at an annualized rate of 20.6%, from $263M in 2017 to $671M in 2022.

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 2022, India exported $382M to Finland. The main products that India exported to Finland were Packaged Medicaments ($72.3M), Electric Motor Parts ($67.6M), and Other Engines ($66.6M). Over the past 5 years the exports of India to Finland have increased at an annualized rate of 37.4%,  from $77.9M in 2017 to $382M in 2022.

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

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).