2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

India-Estonia Trade: In 2023, India exported $101M to Estonia. The main products that India exported to Estonia were Stone Processing Machines ($4.54M), Broadcasting Equipment ($4.23M), and Activated Carbon ($3.25M). Over the past 5 years the exports of India to Estonia have increased at an annualized rate of 2.62%, from $88.8M in 2018 to $101M in 2023.

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

Estonia-India Trade: In 2023, Estonia exported $129M to India. The main products that Estonia exported to India were Semi chemical Woodpulp ($26.1M), Broadcasting Equipment ($18.3M), and Shaped Wood ($13.6M). Over the past 5 years the exports of Estonia to India have increased at an annualized rate of 0.33%,  from $127M in 2018 to $129M in 2023.

In 2020, Estonia exported services to India worth $8M, with Travel ($4.68M), Computer and information services ($1.71M), and Transportation ($1.14M) being the largest in terms of value.

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $101M to Estonia. The main products exported from India to Estonia were Stone Processing Machines ($4.54M), Broadcasting Equipment ($4.23M), and Activated Carbon ($3.25M). During the last 5 years the exports of India to Estonia have increased at an annualized rate of 2.62%, from $88.8M in 2018 to $101M in 2023.

In 2018, Estonia exported $129M to India. The main products exported from Estonia to India were Semi chemical Woodpulp ($26.1M), Broadcasting Equipment ($18.3M), and Shaped Wood ($13.6M). During the last 5 years the exports of Estonia to India have increased at an annualized rate of 0.33%, from $127M in 2023 to $129M in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from India than Estonia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - Estonia

Flow
Scale

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

During 2023, India had a large net trade with Estonia in the exports of Machines ($24.2M), Textiles ($16.1M), and Chemical Products ($12.6M).

During 2018, Estonia had a large net trade with India in the exports of Machines ($47.1M), Paper Goods ($30M), and Wood Products ($17.3M).

Bilateral Service Trade

In 2020, Estonia exported services to India worth $8M, with Travel ($4.68M), Computer and information services ($1.71M), and Transportation ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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