India-Finland Trade: In 2022, India exported $650M 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 11.2%, from $382M in 2017 to $650M in 2022.
In 2022, India did not export any services to Finland.
Finland-India Trade: In 2022, Finland exported $1.39B 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 15.7%, from $671M in 2017 to $1.39B 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.
Comparison: In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).