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Estonia trade in 2024

In 2024, Estonia exported $19.7 billion and imported $21.6 billion, a trade deficit of $1.9 billion. It was the world's 79th-largest exporter, with 0.09% of world exports. Its top export was cars (5.1% of the total) and its main trading partner was Finland (11% of its trade).

Summary

Exports
$19.7billion
Imports
$21.6billion
Trade balance
-$1.9billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Cars (5.1%) and cameras and broadcast equipment (4.9%) together make up 10.1% of its exports.

  1. Cars$1 billion · 5.1%
    Main partner: Lithuania
  2. Cameras and broadcast equipment$966 million · 4.9%
    Main partner: United States
  3. Refined petroleum$630 million · 3.2%
    Main partner: Netherlands
  4. Prefabricated buildings$367 million · 1.9%
    Main partner: Norway
  5. Wood joinery$358 million · 1.8%
    Main partner: Sweden
  6. Firewood and wood chips$352 million · 1.8%
    Main partner: Denmark
  7. Transformers and power supplies$318 million · 1.6%
    Main partner: Finland
  8. Coal tar oils$311 million · 1.6%
    Main partner: Singapore
  9. Other measuring instruments$301 million · 1.5%
    Main partner: Netherlands
  10. Auto parts$299 million · 1.5%
    Main partner: Finland

What it imports

Cars (8.6%) and refined petroleum (4.2%) together make up 12.7% of its imports.

  1. Cars$1.8 billion · 8.6%
    Main partner: Germany
  2. Refined petroleum$905 million · 4.2%
    Main partner: Lithuania
  3. Medicines in measured doses or retail packs$639 million · 3%
    Main partner: Germany
  4. Cameras and broadcast equipment$629 million · 2.9%
    Main partner: China
  5. Natural gas and LPG$530 million · 2.5%
    Main partner: United States
  6. Sawn wood$312 million · 1.4%
    Main partner: Finland
  7. Trucks$273 million · 1.3%
    Main partner: Germany
  8. Microchips$271 million · 1.3%
    Main partner: United States
  9. Computers$240 million · 1.1%
    Main partner: China
  10. Electricity$225 million · 1%
    Main partner: Finland
By Harmonized System chapter (96)
ChapterExportsImports
85 · Electrical and electronic equipment$2.9 billion$2.9 billion
44 · Wood$1.9 billion$650 million
84 · Mechanical machinery$1.8 billion$1.8 billion
87 · Vehicles$1.7 billion$2.7 billion
27 · Oil, gas and coal$1.4 billion$1.8 billion
94 · Furniture and lighting$1 billion$296 million
90 · Precision and medical instruments$856 million$486 million
73 · Iron and steel products$617 million$556 million
15 · Fats and oils$527 million$364 million
39 · Plastics$485 million$855 million
18 · Cocoa and chocolate$471 million$477 million
04 · Dairy, eggs and honey$386 million$171 million
72 · Iron and steel$348 million$672 million
71 · Gems and precious metals$323 million$264 million
10 · Cereals$260 million$28 million
21 · Food preparations$235 million$217 million
32 · Dyes, paints and tanning agents$215 million$166 million
03 · Fish and seafood$199 million$206 million
30 · Pharmaceuticals$177 million$801 million
70 · Glass$164 million$121 million
19 · Baked goods and cereal products$163 million$177 million
47 · Wood pulp$163 million$68 million
48 · Paper and paperboard$160 million$293 million
22 · Beverages and spirits$154 million$375 million
38 · Miscellaneous chemicals$150 million$182 million
33 · Perfumes and cosmetics$138 million$226 million
62 · Woven clothing$135 million$209 million
95 · Toys and sports gear$132 million$167 million
29 · Organic chemicals$131 million$179 million
16 · Prepared meat and fish$118 million$130 million
68 · Stone, plaster and cement articles$114 million$125 million
40 · Rubber$114 million$195 million
02 · Meat and offal$103 million$192 million
76 · Aluminum$102 million$195 million
83 · Miscellaneous metal goods$97 million$110 million
07 · Vegetables$86 million$116 million
89 · Ships and boats$82 million$123 million
88 · Aircraft and spacecraft$81 million$58 million
23 · Animal feed and food waste$79 million$128 million
34 · Soap and cleaning products$78 million$110 million
09 · Coffee, tea and spices$74 million$109 million
56 · Felt, nonwovens and rope$72 million$34 million
74 · Copper$71 million$93 million
61 · Knitted clothing$71 million$188 million
49 · Books and printed matter$65 million$22 million
01 · Live animals$62 million$11 million
63 · Home textiles and used clothing$59 million$80 million
28 · Inorganic chemicals$56 million$207 million
64 · Footwear$51 million$135 million
82 · Tools and cutlery$48 million$82 million
81 · Other base metals$47 million$45 million
12 · Oilseeds and grains$36 million$54 million
96 · Other manufactured goods$36 million$40 million
08 · Fruit and nuts$36 million$193 million
42 · Leather goods and bags$35 million$54 million
54 · Synthetic filaments$34 million$63 million
75 · Nickel$34 million$10 million
51 · Wool$28 million$10 million
69 · Ceramics$27 million$54 million
31 · Fertilizers$25 million$103 million
35 · Glues, starches and enzymes$25 million$40 million
20 · Preserved fruit and vegetables$24 million$115 million
86 · Railway equipment$24 million$109 million
26 · Ores and slag$23 million$18 million
78 · Lead$22 million$2 million
11 · Milling products and malt$21 million$27 million
25 · Salt, stone and cement$20 million$87 million
57 · Carpets and rugs$14 million$13 million
17 · Sugar and sweets$13 million$72 million
91 · Watches and clocks$11 million$27 million
24 · Tobacco$11 million$72 million
05 · Other animal products$9 million$12 million
93 · Weapons and ammunition$9 million$236 million
65 · Hats$7 million$14 million
59 · Coated and technical textiles$5 million$20 million
52 · Cotton$5 million$33 million
53 · Other plant fibers$5 million$8 million
60 · Knitted fabric$5 million$29 million
36 · Explosives and matches$5 million$8 million
55 · Synthetic staple fibers$4 million$46 million
58 · Special fabrics and lace$4 million$17 million
92 · Musical instruments$3 million$4 million
41 · Hides and leather$3 million$7 million
97 · Art and antiques$3 million$2 million
06 · Live plants and flowers$3 million$48 million
79 · Zinc$2 million$8 million
43 · Fur and fur goods$2 million$10 million
13 · Gums and plant extracts$2 million$5 million
37 · Photographic goods$1 million$6 million
14 · Other plant products$741 thousand$2 million
67 · Feathers and artificial flowers$614 thousand$4 million
66 · Umbrellas and canes$282 thousand$2 million
46 · Wicker and basketware$264 thousand$2 million
45 · Cork$166 thousand$380 thousand
80 · Tin$101 thousand$1 million
50 · Silk$50 thousand$728 thousand

Trading partners

Its main destination is Finland (12.5% of exports) and its main source is Germany (10.9% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Finland2.512.5%Sea
Latvia1.78.7%Land
Lithuania1.68.2%Sea
Sweden1.57.4%Sea
Germany1.15.6%Sea
Netherlands1.15.6%Sea
United States1.15.4%Air
Russia15.2%Land
Norway0.653.3%Sea
Poland0.63.1%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
Germany2.410.9%Sea
China2.310.5%Sea
Finland2.19.5%Sea
Lithuania1.46.6%Sea
Poland1.46.4%Sea
Latvia1.25.7%Land
Sweden1.15.1%Sea
United States0.843.9%Sea
Italy0.683.1%Sea
Netherlands0.62.8%Sea

Overview 1995–2024

In 2024, Estonia accounted for 0.09% of world exports, compared with 0.05% in 1995.

Exports and imports

Exports grew 8-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 19.7
  • Imports 21.6
  • Balance -1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.4 billion$2.9 billion-$488 million
1996$2.7 billion$3.7 billion-$979 million
1997$3.4 billion$4.8 billion-$1.3 billion
1998$3.7 billion$5.1 billion-$1.5 billion
1999$3.6 billion$4.6 billion-$1 billion
2000$5.1 billion$4.9 billion$231 million
2001$4.7 billion$4.9 billion-$161 million
2002$4.9 billion$5.9 billion-$999 million
2003$6.2 billion$7.1 billion-$873 million
2004$7.7 billion$8.7 billion-$1.1 billion
2005$9.1 billion$11.1 billion-$2 billion
2006$11.1 billion$14.6 billion-$3.5 billion
2007$12 billion$16.1 billion-$4.1 billion
2008$13.2 billion$16.5 billion-$3.3 billion
2009$10.4 billion$11 billion-$545 million
2010$13 billion$13.6 billion-$685 million
2011$18.7 billion$19.1 billion-$351 million
2012$16.9 billion$20.9 billion-$4 billion
2013$17 billion$21.5 billion-$4.5 billion
2014$18.3 billion$20.9 billion-$2.6 billion
2015$14.4 billion$15.4 billion-$1 billion
2016$14.8 billion$15.6 billion-$805 million
2017$15.9 billion$17.2 billion-$1.4 billion
2018$17.7 billion$19.4 billion-$1.7 billion
2019$16.9 billion$18.3 billion-$1.4 billion
2020$16.2 billion$17.8 billion-$1.6 billion
2021$21.4 billion$24.4 billion-$3 billion
2022$23.9 billion$25.6 billion-$1.7 billion
2023$20.2 billion$21.6 billion-$1.4 billion
2024$19.7 billion$21.6 billion-$1.9 billion

World rank

Estonia rose from 83rd to 79th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 83rd in 1995
  • 79th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199583rd
199684th
199779th
199879th
199981st
200074th
200179th
200279th
200377th
200478th
200576th
200676th
200778th
200881st
200979th
201078th
201175th
201277th
201377th
201478th
201579th
201677th
201778th
201878th
201977th
202074th
202175th
202275th
202380th
202479th

What it sells

Electrical and electronic equipment became its top export group: from 4% to 15%

% of exports by Harmonized System chapter.

  • Other 38%
  • Iron and steel products 3%
  • Precision and medical instruments 4%
  • Furniture and lighting 5%
  • Oil, gas and coal 7%
  • Vehicles 9%
  • Mechanical machinery 9%
  • Wood 10%
  • Electrical and electronic equipment 15%

Source: CEPII BACI

Show the numbers
Chapter19952024
Electrical and electronic equipment3.6%14.9%
Wood11.4%9.8%
Mechanical machinery6.4%9.1%
Vehicles5.8%8.7%
Oil, gas and coal12.1%7.1%
Furniture and lighting3.9%5.3%
Precision and medical instruments0.85%4.4%
Iron and steel products1.8%3.1%
Other54.2%37.8%

Who it trades with

Finland went from 24% to 11% of Estonia's trade

% of total trade (exports + imports) with each partner.

  • Finland 11%
  • Germany 8%
  • Lithuania 7%
  • Latvia 7%
  • China 6%

Source: CEPII BACI

Show the numbers
Partner19952024
Finland24.5%11%
Germany9.3%8.4%
Lithuania2.3%7.3%
Latvia3.3%7.2%
China0.3%6.2%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

View on the globe

Largest economic production hubs (gridded GDP, 2024)

  • Tallinn$39.3 billion (PPP, 2021 dollars)
View on the globe

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

See all countries