Trade is one of the corner stones of the Indo-Finnish relations. During the last decade trade between India and Finland increased significantly making India Finland’s fourth largest trading partner in Asia. Comparatively, however, the Finnish exports and investments to India have remained at a modest level. The main Finnish exports to India comprise electrical machinery along with machinery for special industries, and paper products. The Finnish imports from India principally include textile products, clothing and machinery instruments.
The active official level dialogue in trade issues facilitates multiple forms of co-operation between Finland and India. The India-Finland Joint Commission deals with questions concerning bilateral trade relations; their development and potential, as well as trade barriers, and examines scope for new modes of co-operation. The most topical areas of co-operation currently are found within environment and science & technology.