Flag Australia / Estonia Flag

2020
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Exports
: $14.6M, Rnk 104 / 211

2020
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Top Product
: $3.05M, Silver

2020
FlagFlag
Exports
: $224M, Rnk 16 / 184

2020
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Economic Complexity (ECI)
: ECI -0.31, Rnk 74 / 127

2020
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GDP
: $1.33T, CURRENT US$
Rnk 13 / 204

2010-2020
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GDP GROWTH
: 15.7%, CURRENT US$
Rnk 130 / 204

2020
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 GDP
: $30.7B, CURRENT US$
Rnk 99 / 204

2010-2020
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GDP GROWTH
: 57%, CURRENT US$
Rnk 50 / 204

2020
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GDP PC 
: $51,680, CURRENT US$
Rnk 16 / 204

2010-2020
Flag
GDP PC GROWTH
: -0.78%, CURRENT US$
Rnk 144 / 204

2020
Flag
GDP PC
: $23,054, CURRENT US$
Rnk 48 / 204

2010-2020
Flag
GDP PC GROWTH
: 57.2%, CURRENT US$
Rnk 25 / 204

Australia-Estonia In 2020, Australia exported $14.6M to Estonia. The main products that Australia exported to Estonia are Silver ($3.05M), Delivery Trucks ($1.59M), and Stone Processing Machines ($1.38M). During the last 25 years the exports of Australia to Estonia have increased at an annualized rate of 8.67%, from $1.83M in 1995 to $14.6M in 2020.

In 2020, Australia did not export any services to Estonia.

Estonia-Australia In 2020, Estonia exported $224M to Australia. The main products that Estonia exported to Australia were N/A. During the last 25 years the exports of Estonia to Australia have increased at an annualized rate of 33.9%, from $152k in 1995 to $224M in 2020.

In 2020, Estonia exported services to Australia worth $15.3M, with Computer and information services ($9.82M), Other business services ($3.43M), and Travel ($1.37M) being the largest in terms of value.

Comparison In 2020,  Australia ranked 74 in the Economic Complexity Index (ECI -0.31),  and 22 in total exports ($250B). That same year, Estonia ranked 73 in total exports ($16.8B), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Australia exported $14.6M to Estonia. The main products exported from Australia to Estonia were Silver ($3.05M), Delivery Trucks ($1.59M), and Stone Processing Machines ($1.38M). During the last 25 years the exports of Australia to Estonia have increased at an annualized rate of 8.67%, from $1.83M in 1995 to $14.6M in 2020.

In 2020, Estonia exported $224M to Australia. There were not main exports from Estonia to Australia in 2020. During the last 25 years the exports of Estonia to Australia have increased at an annualized rate of 33.9%, from $152k in 1995 to $224M in 2020.

Market Competitiveness

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Measure

Australia
Top Destination
: China, $102B

Estonia
Top Destination
: Finland, $2.24B

This map shows whether countries import more from Australia or Estonia. Each country is colored based on the difference in imports they receive from Australia and Estonia or the difference in the growth in imports.

In 2019, countries that imported more from Australia than Estonia were China ($102B), Japan ($31.8B), and South Korea ($17.2B).

In 2019, countries that imported more from Estonia than Australia were Finland ($2.24B), Latvia ($1.37B), and Sweden ($1.53B).

Comparative Advantage Australia - Estonia

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Flow
Scale

This chart compares trade between Australia and Estonia by product, considering products traded by both, Australia and Estonia.

During 2020, Australia had a large net trade with Estonia in the exports of Machines ($4.98M), Precious Metals ($3.15M), and Transportation ($2.59M).

During 2020, Estonia had a large net trade with Australia in the exports of Mineral Products ($127M), Chemical Products ($30.1M), and Wood Products ($25.1M).

Bilateral Service Trade

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In 2020, Estonia exported services to Australia worth $15.3M, with Computer and information services ($9.82M), Other business services ($3.43M), and Travel ($1.37M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Australia.