Estonia Export Data
The Republic of Estonia is another name for Estonia. The nation is located in Europe's northern region. Latvia, Russia, Finland, and Sweden are the nations that Estonia borders. Estonia is now recognized as a high-income nation in Europe. It is included in the list of the EU's least populous nations. By land area, Estonia is the twenty-fourth smallest country in Europe. With a total land area of about 45,339 km^2, Estonia is ranked 133rd in the world in terms of area. Estonia, a small Baltic nation, has been making significant strides in global trade with its diverse range of exports. With a population of just 1.3 million, Estonia has established itself as a competitive player in various industries. According to Estonia trade statistics, Estonia is ranked as the 79th biggest exporter in the world.
According to Estonia’s Export data, Estonia's goods exports were valued at $19.7 billion in 2023. Compared to the previous year, Estonia's goods exports declined by 15%. The total GDP of Estonia is $40.74 billion with a GDP export share of 78.38%. Estonia is a part of trading blocs such as the WTO, EU, and OECD. Based on Estonia shipment data for 2023, Estonia’s biggest import is electrical machinery, while its biggest import partner is Finland. Let us delve into Estonia export data for the year 2023, exploring the country's key export sectors, top trading partners, and the prospects of its export industry.