Estonia (EST) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Estonia-Italy In 2022, Estonia exported $292M to Italy. The main products that Estonia exported to Italy are Broadcasting Equipment ($37.4M), Cheese ($20.2M), and Excavation Machinery ($15.8M). During the last 27 years the exports of Estonia to Italy have increased at an annualized rate of 9.92%, from $22.7M in 1995 to $292M in 2022.

In 2020, Estonia exported services to Italy worth $37.2M, with Other business services ($13.6M), Computer and information services ($7.65M), and Transportation ($7.2M) being the largest in terms of value.

Italy-Estonia In 2022, Italy exported $723M to Estonia. The main products that Italy exported to Estonia were Wine ($24.9M), Other Small Iron Pipes ($23.8M), and Cars ($23.3M). During the last 27 years the exports of Italy to Estonia have increased at an annualized rate of 9.11%, from $68.6M in 1995 to $723M in 2022.

In 2020, Italy exported services to Estonia worth $50.5M, with Travel ($22M), Transportation ($8.79M), and Communications services ($8M) being the largest in terms of value.

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $292M to Italy. The main products exported from Estonia to Italy were Broadcasting Equipment ($37.4M), Cheese ($20.2M), and Excavation Machinery ($15.8M). During the last 27 years the exports of Estonia to Italy have increased at an annualized rate of 9.92%, from $22.7M in 1995 to $292M in 2022.

In 2022, Italy exported $723M to Estonia. The main products exported from Italy to Estonia were Wine ($24.9M), Other Small Iron Pipes ($23.8M), and Cars ($23.3M). During the last 27 years the exports of Italy to Estonia have increased at an annualized rate of 9.11%, from $68.6M in 1995 to $723M in 2022.

Exports from Estonia () to Italy () (2022)

Exports from Italy () to Estonia () (2022)

Latest Data

Trade between Estonia () and Italy ()

Estonia Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Italy
Top DestinationGermany$78.5B

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

In 2021, countries that imported more from Estonia than Italy were Latvia ($2.77B), Finland ($3B), and Nicaragua ($58.6M).

In 2021, countries that imported more from Italy than Estonia were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Estonia () (2022)

Comparative Advantage Estonia - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Italy in the exports of Machines ($107M), Wood Products ($39.7M), and Paper Goods ($29.2M).

During 2022, Italy had a large net trade with Estonia in the exports of Machines ($203M), Metals ($83.2M), and Plastics and Rubbers ($69.9M).

Service Trade

Bilateral Service Trade

Ita Year

Est Year

In 2020, Estonia exported services to Italy worth $37.2M, with Other business services ($13.6M), Computer and information services ($7.65M), and Transportation ($7.2M) being the largest in terms of value.

In 2020, Italy exported services to Estonia worth $50.5M, with Travel ($22M), Transportation ($8.79M), and Communications services ($8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia () to Italy () (2020)

Services Exports from Italy () to Estonia () (2020)

Economic Complexity

Competitive Landscape

Year

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 Estonia has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Estonia.

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Italy () (2022)

Exports from Italy () to Estonia () (2022)

Latest Data

Trade between Estonia () and Italy ()

Estonia Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Estonia () (2022)

Comparative Advantage Estonia - Italy

Service Trade

Bilateral Service Trade

Services Exports from Estonia () to Italy () (2020)

Services Exports from Italy () to Estonia () (2020)

Economic Complexity

Competitive Landscape

Product Space of Estonia () and Italy () (2022)

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