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

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Estonia-Italy Trade: In 2022, Estonia exported $292M to Italy. The main products that Estonia exported to Italy were N/A. Over the past 5 years the exports of Estonia to Italy have increased at an annualized rate of 11.3%, from $171M in 2017 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 Trade: 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). Over the past 5 years the exports of Italy to Estonia have increased at an annualized rate of 7.33%, from $507M in 2017 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 17 in the Economic Complexity Index (ECI 1.29), 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. There were not main exports from Estonia to Italy in 2022. During the last 5 years the exports of Estonia to Italy have increased at an annualized rate of 11.3%, from $171M in 2017 to $292M in 2022.

In 2017, 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 5 years the exports of Italy to Estonia have increased at an annualized rate of 7.33%, from $507M in 2022 to $723M in 2017.

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 2022, countries that imported more from Estonia than Italy included Latvia ($2.77B), Finland ($3B), and Nicaragua ($58.6M).

In 2022, countries that imported more from Italy than Estonia included 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 N/A.

During 2017, Italy had a large net trade with Estonia in the exports of Machines ($203M), Metals ($83.2M), and Plastics and Rubbers ($69.9M).

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)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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