2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

Estonia-Brazil Trade: In 2023, Estonia exported $69.6M to Brazil. The main products that Estonia exported to Brazil were Refined Petroleum ($22.4M), Motor vehicles; parts and accessories (8701 to 8705) ($8.58M), and Thermostats ($7.84M). Over the past 5 years the exports of Estonia to Brazil have increased at an annualized rate of 5.92%, from $52.2M in 2018 to $69.6M in 2023.

In 2020, Estonia exported services to Brazil worth $16M, with Computer and information services ($8.68M), Transportation ($5.25M), and Travel ($1.03M) being the largest in terms of value.

Brazil-Estonia Trade: In 2023, Brazil exported $86.9M to Estonia. The main products that Brazil exported to Estonia were Coffee ($20.8M), Explosive Ammunition ($15.3M), and Ferroalloys ($8.39M). Over the past 5 years the exports of Brazil to Estonia have increased at an annualized rate of 12.4%,  from $48.4M in 2018 to $86.9M in 2023.

In 2023, Brazil did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $69.6M to Brazil. The main products exported from Estonia to Brazil were Refined Petroleum ($22.4M), Motor vehicles; parts and accessories (8701 to 8705) ($8.58M), and Thermostats ($7.84M). During the last 5 years the exports of Estonia to Brazil have increased at an annualized rate of 5.92%, from $52.2M in 2018 to $69.6M in 2023.

In 2018, Brazil exported $86.9M to Estonia. The main products exported from Brazil to Estonia were Coffee ($20.8M), Explosive Ammunition ($15.3M), and Ferroalloys ($8.39M). During the last 5 years the exports of Brazil to Estonia have increased at an annualized rate of 12.4%, from $48.4M in 2023 to $86.9M in 2018.

Exports from Estonia (Flag) to Brazil (Flag) (2023)

Exports from Brazil (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Brazil (Flag)

Estonia Exports

Brazil Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Brazil
Top Destination
China$106B

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

In 2023, countries that imported more from Estonia than Brazil included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Brazil than Estonia included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Brazil

Flow
Scale

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

During 2023, Estonia had a large net trade with Brazil in the exports of Mineral Products ($22.5M), Machines ($14.4M), and Instruments ($11M).

During 2018, Brazil had a large net trade with Estonia in the exports of Vegetable Products ($26.7M), Metals ($16.2M), and Weapons ($15.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Brazil (Flag) (2023)

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