2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Australia-Estonia In 2022, Australia exported $11.7M to Estonia. The main products that Australia exported to Estonia are Wine ($1.58M), Flavored Water ($1.4M), and Audio Alarms ($1.34M). During the last 27 years the exports of Australia to Estonia have increased at an annualized rate of 7.09%, from $1.84M in 1995 to $11.7M in 2022.

In 2022, Australia did not export any services to Estonia.

Estonia-Australia In 2022, Estonia exported $152M to Australia. The main products that Estonia exported to Australia were Sawn Wood ($57.4M), Nitrogenous Fertilizers ($32.9M), and Wood Carpentry ($7.36M). During the last 27 years the exports of Estonia to Australia have increased at an annualized rate of 29.2%, from $152k in 1995 to $152M in 2022.

In 2022, Estonia did not export any services to Australia.

Comparison In 2022,  Australia ranked 77 in the Economic Complexity Index (ECI -0.35),  and 16 in total exports ($424B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $11.7M to Estonia. The main products exported from Australia to Estonia were Wine ($1.58M), Flavored Water ($1.4M), and Audio Alarms ($1.34M). During the last 27 years the exports of Australia to Estonia have increased at an annualized rate of 7.09%, from $1.84M in 1995 to $11.7M in 2022.

In 2022, Estonia exported $152M to Australia. The main products exported from Estonia to Australia were Sawn Wood ($57.4M), Nitrogenous Fertilizers ($32.9M), and Wood Carpentry ($7.36M). During the last 27 years the exports of Estonia to Australia have increased at an annualized rate of 29.2%, from $152k in 1995 to $152M in 2022.

Exports from Australia (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Estonia (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Estonia
Top Destination
Finland$3B

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 2021, countries that imported more from Australia than Estonia were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from Estonia than Australia were Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

Difference in imports from Estonia (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Estonia

Flow
Scale

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

During 2022, Australia had a large net trade with Estonia in the exports of Foodstuffs ($3.13M), Machines ($2.87M), and Chemical Products ($2.82M).

During 2022, Estonia had a large net trade with Australia in the exports of Wood Products ($66.8M), Chemical Products ($34.8M), and Machines ($20.1M).

Economic Complexity

Competitive Landscape

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.

Product Space of Australia (Flag) and Estonia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with