Flag Estonia / Russia Flag

2020
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Exports
: $1.4B, Rnk 3 / 184

2020
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Top Product
: $149M, Palm Oil

2020
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Exports
: $2.28B, Rnk 29 / 187

2020
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Top Product
: $662M, Refined Petroleum

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $30.7B, CURRENT US$
Rnk 99 / 195

2010-2020
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GDP GROWTH
: 57%, CURRENT US$
Rnk 49 / 195

2020
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 GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

2020
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GDP PC 
: $23,027, CURRENT US$
Rnk 41 / 195

2010-2020
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GDP PC GROWTH
: 57%, CURRENT US$
Rnk 24 / 195

2020
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GDP PC
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

Estonia-Russia In 2020, Estonia exported $1.4B to Russia. The main products that Estonia exported to Russia are Palm Oil ($149M), Electrical Transformers ($51.7M), and Other Measuring Instruments ($49.1M). During the last 25 years the exports of Estonia to Russia have increased at an annualized rate of 6.01%, from $325M in 1995 to $1.4B in 2020.

In 2017, Estonia exported services to Russia worth $444M, with Travel ($193M), Transportation ($171M), and Other business services ($36.6M) being the largest in terms of value.

Russia-Estonia In 2020, Russia exported $2.28B to Estonia . The main products that Russia exported to Estonia were Refined Petroleum ($662M), Mixed Mineral or Chemical Fertilizers ($276M), and Sawn Wood ($149M). During the last 25 years the exports of Russia to Estonia have increased at an annualized rate of 7.38%, from $384M in 1995 to $2.28B in 2020.

In 2018, Russia exported services to Estonia worth $509M, with Travel ($338M), Transportation ($102M), and Other business services ($37.9M) being the largest in terms of value.

Comparison In 2020,  Estonia ranked 73 in total exports ($16.8B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Estonia exported $1.4B to Russia. The main products exported from Estonia to Russia were Palm Oil ($149M), Electrical Transformers ($51.7M), and Other Measuring Instruments ($49.1M). During the last 25 years the exports of Estonia to Russia have increased at an annualized rate of 6.01%, from $325M in 1995 to $1.4B in 2020.

In 2020, Russia exported $2.28B to Estonia. The main products exported from Russia to Estonia were Refined Petroleum ($662M), Mixed Mineral or Chemical Fertilizers ($276M), and Sawn Wood ($149M). During the last 25 years the exports of Russia to Estonia have increased at an annualized rate of 7.38%, from $384M in 1995 to $2.28B in 2020.

Estonia Exports

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Russia Exports

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Market Competitiveness

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Measure

Estonia
Top Destination
: Finland, $2.24B

Russia
Top Destination
: China, $49.3B

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

In 2019, countries that imported more from Estonia than Russia were Sweden ($1.53B), Australia ($224M), and Iceland ($38.1M).

In 2019, countries that imported more from Russia than Estonia were China ($49.3B), United Kingdom ($25.3B), and Netherlands ($22.5B).

Comparative Advantage Estonia - Russia

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Flow

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

During 2020, Estonia had a large net trade with Russia in the exports of Machines ($557M), Animal and Vegetable Bi-Products ($155M), and Instruments ($131M).

During 2020, Russia had a large net trade with Estonia in the exports of Mineral Products ($911M), Chemical Products ($775M), and Wood Products ($197M).

Tariff Section

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This section shows import tariffs for products traded between Estonia and Russia (using the HS6 product classification and the last year reported).

In 2019, the products from Estonia that paid the highest import tariffs to enter Russia were Vermouth and other flavoured grape wines - pack > 2l (72.3k%)and Sugar beet (168%).

In 2019, the products from Russia that paid the highest import tariffs to enter Estonia were Ethyl alcohol and other spirits, denatured (69k%)and Undenatured ethyl alcohol > 80% by volume (37.4k%).

*The tariffs present between Estonia and Russia are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2017, Estonia exported services to Russia worth $444M, with Travel ($193M), Transportation ($171M), and Other business services ($36.6M) being the largest in terms of value.

In 2018, Russia exported services to Estonia worth $509M, with Travel ($338M), Transportation ($102M), and Other business services ($37.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Estonia has comparative advantage over Russia. Similarly, the more red a dot/product is, the more Russia has comparative advantage over Estonia.