Finland / Russia

Finland-Russia Trade: In 2022, Finland exported $2.14B to Russia. The main products that Finland exported to Russia were Precipitated Copper ($641M), Refined Petroleum ($110M), and Kaolin Coated Paper ($81.6M). Over the past 5 years the exports of Finland to Russia have decreased at an annualized rate of 12.3%, from $4.12B in 2017 to $2.14B in 2022.

In 2020, Finland exported services to Russia worth $506M, with Computer and information services ($255M), Other business services ($143M), and Transportation ($66.2M) being the largest in terms of value.

Russia-Finland Trade: In 2022, Russia exported $5.31B to Finland. The main products that Russia exported to Finland were Nickel Mattes ($1.83B), Refined Petroleum ($942M), and Crude Petroleum ($910M). Over the past 5 years the exports of Russia to Finland have decreased at an annualized rate of 9.09%,  from $8.55B in 2017 to $5.31B in 2022.

In 2020, Russia exported services to Finland worth $546M, with Construction services ($157M), Transportation ($157M), and Other business services ($126M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).