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- Indian Mission
India views Finland as a partner in economic growth, innovation and climate change solutions
India’s trade with Finland crossed US$1bn and is in Finland's favour
Large Indian IT companies have established operations in Finland
India is Finland’s 23rd largest trade partner globally
Good prospects for Finland-India co-operation in information technology, biotechnology, and clean energy
US$ 516.68mn
FDI from April 2000 to March 2021
US$ 1,220.63
Bilateral trade for 2021-2022
18,994
Overseas Indians living in Finland
Concurrent Accreditation The Mission in Finland also handles India's bilateral relations with Estonia
Banking
most secure in the world, according to World Economic Forum global competitiveness report 2017-2018
ICT & Digitilization
Finland is a true ICT superpower and a leader in digital technologies with cutting edge solutions in 5G, Cyber security, Clean-tech and Bio technology as well
Start-up
Finland has a healthy start-up environment with new businesses in gaming, electronics, software, and healthcare
Travel & Tourism
A true global hotspot for business and leisure travel, Finland is one of the safest places in the world
Trade routes
Finland has well established trade routes connecting Nordic and Baltic countries, EU, Russia and Asia, through an extensive network of roads, railways, waterways, canals and sea lanes
India's Exports and Imports to Finland
Source: Department of Commerce
Dated: 25/01/2023
Values in US $ Millions
Country / Region: FINLAND
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 282.55 | 256.12 | 268.63 | 284.36 | 344.35 |
| 2. | %Growth | -9.35 | 4.88 | 5.85 | 21.10 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.09 | 0.08 | 0.09 | 0.10 | 0.08 |
| 6. | IMPORT | 1,401.33 | 1,124.08 | 625.65 | 713.20 | 876.28 |
| 7. | %Growth | -19.78 | -44.34 | 13.99 | 22.86 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.30 | 0.22 | 0.13 | 0.18 | 0.14 |
| 11. | TOTAL TRADE | 1,683.87 | 1,380.20 | 894.28 | 997.56 | 1,220.63 |
| 12. | %Growth | -18.03 | -35.21 | 11.55 | 22.36 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.22 | 0.16 | 0.11 | 0.15 | 0.12 |
| 16. | TRADE BALANCE | -1,118.78 | -867.96 | -357.03 | -428.85 | -531.92 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
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