2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 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

Canada-Estonia Trade: In 2022, Canada exported $34.8M to Estonia. The main products that Canada exported to Estonia were Cars ($6.38M), Rubberworking Machinery ($1.75M), and Planes, Helicopters, and/or Spacecraft ($1.6M). Over the past 5 years the exports of Canada to Estonia have decreased at an annualized rate of 3.75%, from $42.1M in 2017 to $34.8M in 2022.

In 2020, Canada exported services to Estonia worth $746k, with Computer and information services ($746k) being the largest in terms of value.

Estonia-Canada Trade: In 2022, Estonia exported $122M to Canada. The main products that Estonia exported to Canada were Refined Petroleum ($33.5M), Prefabricated Buildings ($10.3M), and Yeast ($6.51M). Over the past 5 years the exports of Estonia to Canada have increased at an annualized rate of 1.46%,  from $106M in 2017 to $122M in 2022.

In 2020, Estonia exported services to Canada worth $43.3M, with Other business services ($19.8M), Transportation ($14.6M), and Computer and information services ($5.48M) being the largest in terms of value.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). 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, Canada exported $34.8M to Estonia. The main products exported from Canada to Estonia were Cars ($6.38M), Rubberworking Machinery ($1.75M), and Planes, Helicopters, and/or Spacecraft ($1.6M). During the last 5 years the exports of Canada to Estonia have decreased at an annualized rate of 3.75%, from $42.1M in 2017 to $34.8M in 2022.

In 2017, Estonia exported $122M to Canada. The main products exported from Estonia to Canada were Refined Petroleum ($33.5M), Prefabricated Buildings ($10.3M), and Yeast ($6.51M). During the last 5 years the exports of Estonia to Canada have increased at an annualized rate of 1.46%, from $106M in 2022 to $122M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Canada than Estonia included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Estonia than Canada included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

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

Comparative Advantage Canada - Estonia

Flow
Scale

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

During 2022, Canada had a large net trade with Estonia in the exports of Transportation ($9.33M), Machines ($9.13M), and Foodstuffs ($4.74M).

During 2017, Estonia had a large net trade with Canada in the exports of Mineral Products ($33.8M), Machines ($24.1M), and Miscellaneous ($18.4M).

Bilateral Service Trade

In 2020, Canada exported services to Estonia worth $746k, with Computer and information services ($746k) being the largest in terms of value.

In 2020, Estonia exported services to Canada worth $43.3M, with Other business services ($19.8M), Transportation ($14.6M), and Computer and information services ($5.48M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Estonia (Flag) (2020)

Services Exports from Estonia (Flag) to Canada (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Estonia. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Canada.

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

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