Estonia

Compare Estonia →

EE · EST · BACI 233 · latest data 2024

Exports

$19.7B USD, nominal · 2024

= $19,657 M18.2% over 5 yrs (up)

Imports

$21.6B USD, nominal · 2024

= $21,572 M16.9% over 5 yrs (up)

Trade balancedeficit

−$1.9B USD, nominal · 2024

= −$1,915 M

Total trade

$41.2B USD, nominal · 2024

= $41,228 M17.5% over 5 yrs (up)

World position: #78 of 225 exporters · top half · #80 of 225 importers · top half · 2024
World export share since 1995: +0.0 pp

Trade timeline

Estonia's exports grew from $2.4B in 1995 to $19.7B in 2024; the 2024 balance was −$1.9B.

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Exports, imports, trade balance and total trade of Estonia per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$2,424 M	$2,910 M	−$486 M	$5,333 M
1996	$2,733 M	$3,709 M	−$976 M	$6,442 M
1997	$3,484 M	$4,784 M	−$1,300 M	$8,267 M
1998	$3,680 M	$5,190 M	−$1,511 M	$8,870 M
1999	$3,575 M	$4,633 M	−$1,058 M	$8,208 M
2000	$5,152 M	$4,874 M	$278 M	$10,026 M
2001	$4,717 M	$4,957 M	−$240 M	$9,673 M
2002	$4,921 M	$5,905 M	−$984 M	$10,826 M
2003	$6,199 M	$7,322 M	−$1,123 M	$13,520 M
2004	$7,572 M	$8,872 M	−$1,301 M	$16,444 M
2005	$9,132 M	$11,243 M	−$2,111 M	$20,375 M
2006	$11,026 M	$14,812 M	−$3,786 M	$25,838 M
2007	$11,776 M	$16,141 M	−$4,365 M	$27,918 M
2008	$12,699 M	$16,562 M	−$3,863 M	$29,261 M
2009	$10,352 M	$11,047 M	−$695 M	$21,400 M
2010	$12,562 M	$13,804 M	−$1,242 M	$26,365 M
2011	$18,669 M	$19,485 M	−$816 M	$38,155 M
2012	$16,765 M	$21,079 M	−$4,314 M	$37,844 M
2013	$16,935 M	$21,766 M	−$4,831 M	$38,701 M
2014	$18,201 M	$20,307 M	−$2,106 M	$38,508 M
2015	$14,254 M	$15,631 M	−$1,376 M	$29,885 M
2016	$14,949 M	$15,860 M	−$911 M	$30,809 M
2017	$15,768 M	$17,487 M	−$1,719 M	$33,255 M
2018	$17,345 M	$19,421 M	−$2,076 M	$36,766 M
2019	$16,624 M	$18,461 M	−$1,836 M	$35,085 M
2020	$16,143 M	$17,843 M	−$1,700 M	$33,986 M
2021	$21,309 M	$24,568 M	−$3,260 M	$45,877 M
2022	$23,838 M	$25,773 M	−$1,934 M	$49,611 M
2023	$20,003 M	$21,761 M	−$1,758 M	$41,764 M
2024	$19,657 M	$21,572 M	−$1,915 M	$41,228 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.1% in 2024; export rank #81 → #78.

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World export and import share in percent, and world ranks, of Estonia per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.05%	0.06%	#81	#82
1996	0.05%	0.07%	#82	#78
1997	0.06%	0.09%	#77	#72
1998	0.07%	0.09%	#77	#73
1999	0.06%	0.08%	#78	#73
2000	0.08%	0.07%	#73	#76
2001	0.07%	0.08%	#78	#80
2002	0.07%	0.09%	#78	#79
2003	0.08%	0.10%	#76	#77
2004	0.08%	0.10%	#77	#74
2005	0.09%	0.11%	#75	#72
2006	0.09%	0.12%	#75	#69
2007	0.08%	0.12%	#77	#75
2008	0.08%	0.10%	#80	#80
2009	0.08%	0.09%	#78	#84
2010	0.08%	0.09%	#77	#82
2011	0.10%	0.11%	#74	#76
2012	0.09%	0.12%	#76	#76
2013	0.09%	0.12%	#76	#76
2014	0.10%	0.11%	#77	#79
2015	0.09%	0.10%	#79	#86
2016	0.10%	0.10%	#76	#82
2017	0.09%	0.10%	#77	#82
2018	0.09%	0.10%	#78	#81
2019	0.09%	0.10%	#77	#82
2020	0.09%	0.10%	#73	#79
2021	0.10%	0.11%	#74	#74
2022	0.10%	0.11%	#75	#78
2023	0.09%	0.10%	#78	#80
2024	0.09%	0.09%	#78	#80

30 rows

Trading partners

Finland was Estonia's top trading partner in 2024, at 11.0% of total trade; the top five partners covered 40.0%.

Year

Top partner share: 11.0%
Top-5 share: 40.0%
Partners: 211
Partner HHI (0–1): 0.049

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Finland $2.5B

Latvia $1.7B

Lithuania $1.6B

Sweden $1.5B

Germany $1.1B

Netherlands $1.1B

United States $1.1B

Russia $1.0B

Norway $650M

Poland $599M

Denmark $572M

United Kingdom $564M

France $400M

China $302M

Italy $271M

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Top partners of Estonia in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Finland	$2,460 M	$2,056 M	$4,516 M	$404 M
#2	Germany	$1,106 M	$2,354 M	$3,460 M	−$1,248 M
#3	Lithuania	$1,604 M	$1,419 M	$3,023 M	$185 M
#4	Latvia	$1,715 M	$1,234 M	$2,948 M	$481 M
#5	China	$302 M	$2,260 M	$2,562 M	−$1,958 M
#6	Sweden	$1,460 M	$1,095 M	$2,555 M	$364 M
#7	Poland	$599 M	$1,379 M	$1,977 M	−$780 M
#8	United States	$1,059 M	$843 M	$1,902 M	$215 M
#9	Netherlands	$1,091 M	$599 M	$1,690 M	$491 M
#10	Russia	$1,028 M	$181 M	$1,209 M	$847 M
#11	Norway	$650 M	$379 M	$1,029 M	$271 M
#12	France	$400 M	$599 M	$998 M	−$199 M
#13	Italy	$271 M	$676 M	$947 M	−$404 M
#14	Denmark	$572 M	$343 M	$915 M	$229 M
#15	United Kingdom	$564 M	$307 M	$871 M	$257 M

15 rows

Products & sectors

Product composition of Estonia's trade in 2024.

Year

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Concentration & risk

Estonia's export partners diversified over 1995–2024 — HHI 0.090 → 0.054, a diversified export base across 191 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Estonia per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.090	0.141	110	132
1996	0.083	0.123	122	144
1997	0.082	0.106	138	146
1998	0.086	0.098	139	148
1999	0.078	0.106	149	154
2000	0.096	0.098	157	173
2001	0.097	0.083	152	172
2002	0.081	0.086	155	165
2003	0.086	0.070	163	170
2004	0.073	0.069	164	181
2005	0.080	0.070	156	198
2006	0.062	0.075	161	197
2007	0.067	0.062	167	184
2008	0.074	0.057	167	171
2009	0.070	0.054	169	161
2010	0.069	0.063	178	159
2011	0.075	0.061	173	172
2012	0.068	0.073	174	172
2013	0.078	0.076	181	175
2014	0.074	0.067	176	168
2015	0.066	0.061	181	181
2016	0.064	0.057	185	176
2017	0.060	0.056	186	172
2018	0.056	0.058	185	188
2019	0.055	0.057	188	182
2020	0.057	0.059	189	178
2021	0.058	0.066	189	189
2022	0.061	0.060	189	185
2023	0.057	0.055	192	186
2024	0.054	0.054	191	196

30 rows

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