2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Estonia-Russia Trade: In 2022, Estonia exported $1.38B to Russia. The main products that Estonia exported to Russia were Palm Oil ($336M), Cocoa Butter ($46.6M), and Centrifuges ($46.5M). Over the past 5 years the exports of Estonia to Russia have decreased at an annualized rate of 2.72%, from $1.59B in 2017 to $1.38B in 2022.

In 2020, Estonia exported services to Russia worth $215M, with Transportation ($123M), Travel ($52.2M), and Other business services ($15.1M) being the largest in terms of value.

Russia-Estonia Trade: In 2022, Russia exported $2.1B to Estonia. The main products that Russia exported to Estonia were Refined Petroleum ($539M), Coal Tar Oil ($498M), and Petroleum Gas ($244M). Over the past 5 years the exports of Russia to Estonia have increased at an annualized rate of 0.83%,  from $2.01B in 2017 to $2.1B in 2022.

In 2020, Russia exported services to Estonia worth $274M, with Transportation ($111M), Travel ($80.6M), and Computer and information services ($37.3M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $1.38B to Russia. The main products exported from Estonia to Russia were Palm Oil ($336M), Cocoa Butter ($46.6M), and Centrifuges ($46.5M). During the last 5 years the exports of Estonia to Russia have decreased at an annualized rate of 2.72%, from $1.59B in 2017 to $1.38B in 2022.

In 2017, Russia exported $2.1B to Estonia. The main products exported from Russia to Estonia were Refined Petroleum ($539M), Coal Tar Oil ($498M), and Petroleum Gas ($244M). During the last 5 years the exports of Russia to Estonia have increased at an annualized rate of 0.83%, from $2.01B in 2022 to $2.1B in 2017.

Exports from Estonia (Flag) to Russia (Flag) (2022)

Exports from Russia (Flag) to Estonia (Flag) (2022)

Latest Data

Trade between Estonia (Flag) and Russia (Flag)

Estonia Exports

Russia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Russia
Top Destination
China$101B

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 2022, countries that imported more from Estonia than Russia included Sweden ($1.9B), Latvia ($2.77B), and Belarus ($115M).

In 2022, countries that imported more from Russia than Estonia included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia (Flag) and Estonia (Flag) (2022)

Comparative Advantage Estonia - Russia

Flow
Scale

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

During 2022, Estonia had a large net trade with Russia in the exports of Machines ($375M), Animal and Vegetable Bi-Products ($359M), and Foodstuffs ($144M).

During 2017, Russia had a large net trade with Estonia in the exports of Mineral Products ($1.3B), Wood Products ($229M), and Chemical Products ($220M).

Bilateral Service Trade

In 2020, Estonia exported services to Russia worth $215M, with Transportation ($123M), Travel ($52.2M), and Other business services ($15.1M) being the largest in terms of value.

In 2020, Russia exported services to Estonia worth $274M, with Transportation ($111M), Travel ($80.6M), and Computer and information services ($37.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to Russia (Flag) (2020)

Services Exports from Russia (Flag) to Estonia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Russia (Flag) (2022)

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