2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 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
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Estonia-Indonesia Trade: In 2023, Estonia exported $62.2M to Indonesia. The main products that Estonia exported to Indonesia were Other Electrical Machinery ($26M), Papermaking Machines ($19.7M), and Broadcasting Equipment ($1.79M). Over the past 5 years the exports of Estonia to Indonesia have increased at an annualized rate of 18.3%, from $26.9M in 2018 to $62.2M in 2023.

In 2020, Estonia exported services to Indonesia worth $1.71M, with Transportation ($1.03M), Travel ($228k), and Computer and information services ($228k) being the largest in terms of value.

Indonesia-Estonia Trade: In 2023, Indonesia exported $398M to Estonia. The main products that Indonesia exported to Estonia were Palm Oil ($298M), Iron Structures ($29.4M), and Cocoa Butter ($22.7M). Over the past 5 years the exports of Indonesia to Estonia have increased at an annualized rate of 12.3%,  from $78.6M in 2018 to $398M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $62.2M to Indonesia. The main products exported from Estonia to Indonesia were Other Electrical Machinery ($26M), Papermaking Machines ($19.7M), and Broadcasting Equipment ($1.79M). During the last 5 years the exports of Estonia to Indonesia have increased at an annualized rate of 18.3%, from $26.9M in 2018 to $62.2M in 2023.

In 2018, Indonesia exported $398M to Estonia. The main products exported from Indonesia to Estonia were Palm Oil ($298M), Iron Structures ($29.4M), and Cocoa Butter ($22.7M). During the last 5 years the exports of Indonesia to Estonia have increased at an annualized rate of 12.3%, from $78.6M in 2023 to $398M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Indonesia (Flag)

Estonia Exports

Indonesia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Indonesia
Top Destination
China$70.7B

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

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

In 2023, countries that imported more from Indonesia than Estonia included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Estonia - Indonesia

Flow
Scale

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

During 2023, Estonia had a large net trade with Indonesia in the exports of Machines ($57.5M), Metals ($1.5M), and Paper Goods ($1.3M).

During 2018, Indonesia had a large net trade with Estonia in the exports of Animal and Vegetable Bi-Products ($310M), Metals ($31.5M), and Foodstuffs ($31.2M).

Economic Complexity

Competitive Landscape

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

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

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