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Estonia export Statistics

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.

Estonia Export Data | Estonia Trade Data

79

The country has been ranked 79th in global exports, showing a significant position in the international trade and export landscape.

0.1%

With a mere 0.1% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

FINLAND

Areas Nes holds a significant role as the largest export partner of the country in terms of goods exports in the global market.

ELECTRICAL MACHINERY AND EQUIPMENT

Electrical machinery is the major and biggest export commodity of the country, playing a vital role in its economy. 

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Top 10 Exports of Estonia: Estonia Export Data by HS Code

Estonia has made a name for itself as a prominent player in the international export industry, shipping a vast array of goods and services to different parts of the globe. The nation's export numbers have been steadily increasing as of 2023, with important industries including electronics, chemicals, equipment, and information technology leading the way. Estonia’s top 10 exports in 2023, based on the Estonia export data and Estonia trade data are:

  • Electrical machinery and equipment (HS code 85): 13.95% ($2.80 billion)
  • Wood and articles of wood (HS code 44): 10.45% ($2.10 billion)
  • Nuclear reactors and machinery (HS code 84): 9.25% ($1.86 billion)
  • Vehicles (HS code 87): 8.97% ($1.80 billion)
  • Mineral fuels and oils (HS code 27): 8.83% ($1.77 billion)  
  • Furniture, bedding, and mattresses (HS code 94): 5.89% ($1.18 billion) 
  • Articles of iron or steel (HS code 73): 4.09% ($822.35 billion) 
  • Optical, medical, and surgical instruments (HS code 90): 2.94% ($591.02 billion)
  • Animal or vegetable fats and oils (HS code 15): 2.75% ($553.46 billion)
  • Plastics and articles thereof (HS code 39): 2.65% ($533.20 billion)  
    • Partners

    Top 10 Export Partners of Estonia: Estonia Export Data by Country

    Estonia's capacity to adjust to shifting market demands and meet the needs of foreign purchasers is demonstrated by the export data for 2023. In 2023, Estonia's top export partner was Finland. The top 10 export partners of Estonia in 2023 according to Estonia statistical data and Estonia shipment data include:

    Value In Percentage(%)

  • Finland: 15.4% (3.10 billion US$)
  • Latvia: 11.6% (2.33 billion US$)
  • Sweden: 9.1% (1.83 billion US$)
  • Lithuania: 8.1% (1.63 billion US$)
  • Germany: 6.4% (1.28 billion US$)
  • Russia: 5.9% (1.18 billion US$)
  • Netherlands: 3.8% (768.75 million US$)
  • Norway: 3.3% (672.33 million US$)
  • Poland: 3.3% (654.93 million US$)
  • Denmark: 2.8% (565.58 million US$)
    • Sample Data

    The Importance of Estonia Statistical Data for Exports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Estonia has established itself as a major player in the global export market, with a wide range of products and services shipped to various destinations worldwide. As of 2023, the country has witnessed a steady growth in its export figures, with key sectors such as information technology, machinery, and chemicals leading the way. The Estonia shipment data for 2023 showcases the country's ability to adapt to changing market demands and cater to the needs of international buyers. Based on Estonia statistical data, Estonia's goods exports were valued at $19.7 billion in 2023. Many different fields are included in Estonian trade data and export data. For traders and marketers, this statistical export data is crucial information that helps them make informed decisions. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions to the quantity and cost of each product. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the product description, quantity, and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Estonia Export Data
    ID 20482 MONTH Jul-24
    FLOW Export STAT REGIME Normal
    HS CODE 01012100 PRODUCT DESCRIPTION Pure-bred breeding horses
    EXPORTER COUNTRY Estonia DESTINATION COUNTRY Albania
    TRADE TYPE Extra-EU Trade SUP QUANTITY 1
    SUPP UNIT NUMBER OF ITEMS NET WEIGHT 550
    US FOB 3253 VALUE IN EUROS 3000
    Benefits

    Benefits of Estonia Export Data

  • Produce authentic leads from the export market of Estonia.
  • Find out what products Estonia is now requesting.
  • Acquire the latest market trends for Estonia’s exports.
  • Make your marketing plan based on the export data.
  • Create a significant market presence in Estonia's export sector.

    • Frequently Asked Questions!!

    Estonia exported goods valued at $19.7 billion in total in 2023 as per Estonia trade statistics.

    Estonia's export data is a vital source of information on the commodities and products being exported from the country and a great way for businesses to learn about the most recent export trends.

    The date, HS code, HS code description, quantity, value, and destination nation are the main elements contained in Estonia statistical data.

    With 15.4% of Estonia's total exports of products in 2023, Finland ranked as the country's top export partner based on the Estonia trade activities. 

    Based on Estonia trade records, with exports of $2.80 billion, electrical machinery and equipment was Estonia's main export in 2023.

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