Estonia (EST)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Estonia - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Finland (FIN) | 15.2% $3.01B | 8.3% $1.88B | 11.5% $4.89B |
| 2 | Germany (DEU) | 7.0% $1.39B | 11.3% $2.55B | 9.3% $3.94B |
| 3 | Latvia (LVA) | 10.7% $2.12B | 4.5% $1.01B | 7.4% $3.13B |
| 4 | Lithuania (LTU) | 7.8% $1.54B | 6.4% $1.46B | 7.1% $3.00B |
| 5 | Sweden (SWE) | 8.5% $1.69B | 4.7% $1.06B | 6.5% $2.75B |
| 6 | China (CHN) | 1.3% $263.54M | 10.2% $2.30B | 6.0% $2.57B |
| 7 | Poland (POL) | 3.5% $697.24M | 6.3% $1.43B | 5.0% $2.13B |
| 8 | USA (USA) | 4.0% $794.23M | 3.8% $860.16M | 3.9% $1.65B |
| 9 | Netherlands (NLD) | 3.7% $736.30M | 2.8% $641.52M | 3.2% $1.38B |
| 10 | Russian Federation (RUS) | 5.2% $1.03B | 0.8% $181.08M | 2.8% $1.21B |
- Estonia's total trade in 2024 reached $42.4B, ranking #69 globally.
- Exports were valued at $19.8B (rank #67) and imports at $22.7B (rank #68).
- The country recorded a trade deficit of -$2.9B.
- Top export partners included Finland ($3.0B, 15.2%) and Latvia ($2.1B, 10.7%).
- Key import partners were Germany ($2.6B, 11.3%) and China ($2.3B, 10.2%).
- Electrical machinery (HS2 85) was the leading product category for both exports ($2.8B) and imports ($2.8B).
Estonia's Trade Performance in 2024
In 2024, Estonia's economy engaged in $42.4B of total trade. Exports amounted to $19.8B, while imports stood at $22.7B, leading to a trade deficit of -$2.9B. Globally, Estonia ranked 67th for exports and 68th for imports.
Top Trading Partners
Estonia's primary export destinations were its regional neighbors. The top partner was Finland, which received 15.2% of Estonia's exports, valued at $3.0B. Following Finland were Latvia and Sweden. On the import side, Germany was the largest source, providing 11.3% of all imports at a value of $2.6B, followed by China.
Key Traded Products
The most significant product category for Estonia in 2024 was Electrical machinery and equipment (HS2 85), which accounted for $2.8B (14.2%) of exports and $2.8B (12.3%) of imports. Another key export category was Wood and articles of wood (HS2 44), with exports totaling $2.0B. For imports, Vehicles (HS2 87) were also highly significant, with a value of $2.6B.
Exports
Estonia - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Estonia - export composition by product categories (Exports), 2024 (USD)
Estonia - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Estonia - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.