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2022
Flag → Flag
Exports $352MRnk 78 / 218
2022
Flag → Flag
Top Product $41.4MCars
2022
Flag → Flag
Exports $208MRnk 22 / 188
2022
Flag → Flag
Top Product $24.6MCoal Tar Oil
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Spain-Estonia Trade: In 2022, Spain exported $352M to Estonia. The main products that Spain exported to Estonia were Cars ($41.4M), Raw Iron Bars ($14.3M), and Polyacetals ($13.3M). Over the past 5 years the exports of Spain to Estonia have increased at an annualized rate of 4.85%, from $278M in 2017 to $352M in 2022.

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

Estonia-Spain Trade: In 2022, Estonia exported $208M to Spain. The main products that Estonia exported to Spain were Coal Tar Oil ($24.6M), Peat ($12.7M), and Plywood ($11.6M). Over the past 5 years the exports of Estonia to Spain have increased at an annualized rate of 6.13%,  from $155M in 2017 to $208M in 2022.

In 2020, Estonia exported services to Spain worth $66.9M, with Other business services ($23.2M), Computer and information services ($20.4M), and Transportation ($10.1M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €21.2M and imported €10.6M from Estonia, resulting in a positive trade balance of €10.6M. Between August 2023 and August 2024 the exports of Spain have decreased by €-3.05M (-12.6%) from €24.2M to €21.2M, while imports increased by €1.15M (12.2%) from €9.45M to €10.6M.

Trade In August 2024, the top exports of Spain to Estonia were Explosive Ammunition (€4.47M), Military Weapons (€3.11M), Cars (€2.58M), Telephones (€1.37M), and Citrus (€974k). In August 2024 the top imports of Spain from Estonia were Barley (€12.6M), Excavation Machinery (€1.47M), Raw Nickel (€1.35M), Ferroalloys (€1.18M), and Glaziers Putty (€638k).

Origins In August 2024 the exports of Spain were mainly from Barcelona (€3.55M), Pontevedra (€2.31M), A Coruña (€1.89M), Madrid (€1.84M), and Lleida (€1.03M), while imports destinations were mainly Barcelona (€2.1M), Valencia (€1.74M), Madrid (€1.56M), Vizcaya (€638k), and Cantabria (Santander) (€562k).

Growth In August 2024, the decrease in Spain's year-by-year exports to Estonia was explained primarily by an decrease in product exports in Polyacetals (€-1.5M or -94.4%), Video Displays (€-426k or -98.7%), and Valves (€-414k or -65.5%). In August 2024, the increase in Spain's year-by-year imports  from Estonia was explained primarily by an increase in product imports  in Ferroalloys (€914k or 342%), Traffic Signals (€428k or 1.39k%), and Glaziers Putty (€403k or 171%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-3.05M(-12.6%)
IMPORT GROWTH (August 2023 - August 2024)€1.15M(12.2%)
MAIN EXPORTER (August 2024)Barcelona€3.55M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Estonia and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $352M to Estonia. The main products exported from Spain to Estonia were Cars ($41.4M), Raw Iron Bars ($14.3M), and Polyacetals ($13.3M). During the last 5 years the exports of Spain to Estonia have increased at an annualized rate of 4.85%, from $278M in 2017 to $352M in 2022.

In 2017, Estonia exported $208M to Spain. The main products exported from Estonia to Spain were Coal Tar Oil ($24.6M), Peat ($12.7M), and Plywood ($11.6M). During the last 5 years the exports of Estonia to Spain have increased at an annualized rate of 6.13%, from $155M in 2022 to $208M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Spain than Estonia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Estonia

Flow
Scale

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

During 2022, Spain had a large net trade with Estonia in the exports of Transportation ($56.6M), Machines ($45M), and Metals ($42.5M).

During 2017, Estonia had a large net trade with Spain in the exports of Mineral Products ($39.1M), Machines ($34.4M), and Chemical Products ($25.7M).

Bilateral Service Trade

In 2020, Estonia exported services to Spain worth $66.9M, with Other business services ($23.2M), Computer and information services ($20.4M), and Transportation ($10.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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