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Estonia – Trade Statistics

  • Estonia is the 73rd largest export economy in the world and the 29th most complex economy according to the Economic Complexity Index (ECI). In 2014, Estonia exported $17.8B and imported $19.8B, resulting in a negative trade balance of $2B. In 2014 the GDP of Estonia was $26.5B and its GDP per capita was $28.1k.
  • The top exports of Estonia are Telephones ($2.32B), Crude Petroleum ($958M), Refined Petroleum ($891M), Cars ($416M) and Prefabricated Buildings ($291M), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Refined Petroleum ($2.93B), Telephones ($997M), Cars ($894M), Integrated Circuits ($457M) and Packaged Medicaments ($312M).
  • The top export destinations of Estonia are Sweden ($2.67B), Russia ($2.62B), Finland ($1.91B), Latvia ($1.17B) and Spain ($1.04B).
  • The top import origins are Russia ($2.91B), Germany ($2B), Finland ($1.92B), China ($1.51B) and Sweden ($1.16B).
  • Estonia holds a place of 16 out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Estonia has decreased it’s ranking from 24 to 28. But the country has increased it’s ranking from 25 to 15 in case of ‘Starting a Business’.