Estonia / South Korea

Estonia-South Korea Trade: In 2022, Estonia exported $66.9M to South Korea. The main products that Estonia exported to South Korea were Plywood ($8.96M), Sawn Wood ($7.22M), and Wheat ($6.8M). Over the past 5 years the exports of Estonia to South Korea have decreased at an annualized rate of 4.81%, from $85.6M in 2017 to $66.9M in 2022.

In 2020, Estonia exported services to South Korea worth $3.88M, with Transportation ($1.6M), Other business services ($1.26M), and Travel ($685k) being the largest in terms of value.

South Korea-Estonia Trade: In 2022, South Korea exported $118M to Estonia. The main products that South Korea exported to Estonia were Cars ($20.8M), Military Weapons ($15.6M), and Beauty Products ($7.93M). Over the past 5 years the exports of South Korea to Estonia have increased at an annualized rate of 2.58%,  from $96.3M in 2017 to $118M in 2022.

In 2022, South Korea did not export any services to Estonia.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).