Estonia / Singapore

Estonia-Singapore Trade: In 2023, Estonia exported $510M to Singapore. The main products that Estonia exported to Singapore were Refined Petroleum ($246M), Coal Tar Oil ($161M), and Gas Turbines ($39.7M). Over the past 5 years the exports of Estonia to Singapore have increased at an annualized rate of 5.91%, from $383M in 2018 to $510M in 2023.

In 2020, Estonia exported services to Singapore worth $55.9M, with Transportation ($47.4M), Computer and information services ($4.45M), and Other business services ($3.54M) being the largest in terms of value.

Singapore-Estonia Trade: In 2023, Singapore exported $12.9M to Estonia. The main products that Singapore exported to Estonia were Cocoa Butter ($3.53M), Integrated Circuits ($1.13M), and Medical Instruments ($720k). Over the past 5 years the exports of Singapore to Estonia have increased at an annualized rate of 0.65%,  from $12.5M in 2018 to $12.9M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).