2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
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GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
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 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
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GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Estonia-Saudi Arabia Trade: In 2023, Estonia exported $43.4M to Saudi Arabia. The main products that Estonia exported to Saudi Arabia were Wheat ($15.6M), Broadcasting Equipment ($3.89M), and Excavation Machinery ($2.89M). Over the past 5 years the exports of Estonia to Saudi Arabia have decreased at an annualized rate of 30.1%, from $259M in 2018 to $43.4M in 2023.

In 2023, Estonia did not export any services to Saudi Arabia.

Saudi Arabia-Estonia Trade: In 2023, Saudi Arabia exported $43.6M to Estonia. The main products that Saudi Arabia exported to Estonia were Ethylene Polymers ($21.8M), Refined Petroleum ($10.9M), and Titanium ($6.27M). Over the past 5 years the exports of Saudi Arabia to Estonia have increased at an annualized rate of 13.7%,  from $23M in 2018 to $43.6M in 2023.

In 2023, Saudi Arabia did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $43.4M to Saudi Arabia. The main products exported from Estonia to Saudi Arabia were Wheat ($15.6M), Broadcasting Equipment ($3.89M), and Excavation Machinery ($2.89M). During the last 5 years the exports of Estonia to Saudi Arabia have decreased at an annualized rate of 30.1%, from $259M in 2018 to $43.4M in 2023.

In 2018, Saudi Arabia exported $43.6M to Estonia. The main products exported from Saudi Arabia to Estonia were Ethylene Polymers ($21.8M), Refined Petroleum ($10.9M), and Titanium ($6.27M). During the last 5 years the exports of Saudi Arabia to Estonia have increased at an annualized rate of 13.7%, from $23M in 2023 to $43.6M in 2018.

Exports from Estonia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Saudi Arabia (Flag)

Estonia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Estonia than Saudi Arabia included Finland ($2.71B), Latvia ($1.91B), and Russia ($1.18B).

In 2023, countries that imported more from Saudi Arabia than Estonia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Saudi Arabia

Flow
Scale

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

During 2023, Estonia had a large net trade with Saudi Arabia in the exports of Vegetable Products ($17.5M), Machines ($12.9M), and Wood Products ($3.64M).

During 2018, Saudi Arabia had a large net trade with Estonia in the exports of Plastics and Rubbers ($21.8M), Mineral Products ($10.9M), and Metals ($6.27M).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Saudi Arabia (Flag) (2023)

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