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2023
Flag → Flag
Exports $13MRnk 66 / 192
2023
Flag → Flag
Top Product $2.56MBroadcasting Equipment
2023
Flag → Flag
Exports $140MRnk 73 / 142
2023
Flag → Flag
Top Product $32.5MBroadcasting Equipment
2023
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Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
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GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
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GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
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GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
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GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
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GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
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GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Estonia-Vietnam Trade: In 2023, Estonia exported $13M to Vietnam. The main products that Estonia exported to Vietnam were Broadcasting Equipment ($2.56M), Sawn Wood ($2.09M), and Unsaturated Acyclic Monocarboxylic Acids ($1.49M). Over the past 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 5.61%, from $9.91M in 2018 to $13M in 2023.

In 2023, Estonia did not export any services to Vietnam.

Vietnam-Estonia Trade: In 2023, Vietnam exported $140M to Estonia. The main products that Vietnam exported to Estonia were Broadcasting Equipment ($32.5M), Fuel Wood ($10.1M), and Fish Fillets ($6.46M). Over the past 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 12.3%,  from $78.7M in 2018 to $140M in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $13M to Vietnam. The main products exported from Estonia to Vietnam were Broadcasting Equipment ($2.56M), Sawn Wood ($2.09M), and Unsaturated Acyclic Monocarboxylic Acids ($1.49M). During the last 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 5.61%, from $9.91M in 2018 to $13M in 2023.

In 2018, Vietnam exported $140M to Estonia. The main products exported from Vietnam to Estonia were Broadcasting Equipment ($32.5M), Fuel Wood ($10.1M), and Fish Fillets ($6.46M). During the last 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 12.3%, from $78.7M in 2023 to $140M in 2018.

Exports from Estonia (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Vietnam (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Estonia than Vietnam included Finland ($2.71B), Lithuania ($1.74B), and Latvia ($1.91B).

In 2023, countries that imported more from Vietnam than Estonia included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Vietnam

Flow
Scale

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

During 2023, Estonia had a large net trade with Vietnam in the exports of Wood Products ($4M), Machines ($3.79M), and Paper Goods ($1.71M).

During 2018, Vietnam had a large net trade with Estonia in the exports of Machines ($55M), Textiles ($19.2M), and Footwear and Headwear ($15.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Vietnam (Flag) (2023)

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