2021
Flag  
GDP
$1.84TCURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP GROWTH
-10.2%CURRENT US$
Rnk 187 / 204
2021
Flag
 GDP
$37.2BCURRENT US$
Rnk 97 / 204
2011-2021
Flag
GDP GROWTH
60.2%CURRENT US$
Rnk 41 / 204
2021
Flag
GDP PC 
$12,593CURRENT US$
Rnk 76 / 204
2011-2021
Flag
GDP PC GROWTH
-12%CURRENT US$
Rnk 170 / 204
2021
Flag
GDP PC
$27,944CURRENT US$
Rnk 49 / 204
2011-2021
Flag
GDP PC GROWTH
59.8%CURRENT US$
Rnk 21 / 204

About

Russia-Estonia In 2021, Russia exported $3.88B to Estonia. The main products that Russia exported to Estonia are Refined Petroleum ($1.47B), Mixed Mineral or Chemical Fertilizers ($362M), and Ammonia ($342M). During the last 26 years the exports of Russia to Estonia have increased at an annualized rate of 9.31%, from $384M in 1995 to $3.88B in 2021.

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.

Estonia-Russia In 2021, Estonia exported $1.39B to Russia. The main products that Estonia exported to Russia were Palm Oil ($216M), Centrifuges ($53.8M), and Stone Processing Machines ($41.4M). During the last 26 years the exports of Estonia to Russia have increased at an annualized rate of 5.75%, from $325M in 1995 to $1.39B in 2021.

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.

Comparison In 2021,  Russia ranked 45 in the Economic Complexity Index (ECI 0.46),  and 10 in total exports ($484B). That same year, Estonia ranked 73 in total exports ($21.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $3.88B to Estonia. The main products exported from Russia to Estonia were Refined Petroleum ($1.47B), Mixed Mineral or Chemical Fertilizers ($362M), and Ammonia ($342M). During the last 26 years the exports of Russia to Estonia have increased at an annualized rate of 9.31%, from $384M in 1995 to $3.88B in 2021.

In 2021, Estonia exported $1.39B to Russia. The main products exported from Estonia to Russia were Palm Oil ($216M), Centrifuges ($53.8M), and Stone Processing Machines ($41.4M). During the last 26 years the exports of Estonia to Russia have increased at an annualized rate of 5.75%, from $325M in 1995 to $1.39B in 2021.

Exports from Russia (Flag) to Estonia (Flag) (2021)

Exports from Estonia (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$70.9B
Estonia
Top Destination
Finland$2.68B

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

In 2021, countries that imported more from Russia than Estonia were China ($70.9B), Netherlands ($39B), and United States ($27.4B).

In 2021, countries that imported more from Estonia than Russia were Sweden ($1.86B), Namibia ($17M), and Iceland ($59.3M).

Difference in imports from Estonia (Flag) and Russia (Flag) (2021)

Comparative Advantage Russia - Estonia

Flow
Scale

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

During 2021, Russia had a large net trade with Estonia in the exports of Mineral Products ($1.75B), Chemical Products ($1.2B), and Wood Products ($393M).

During 2021, Estonia had a large net trade with Russia in the exports of Machines ($542M), Animal and Vegetable Bi-Products ($221M), and Chemical Products ($121M).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Russia.

Product Space of Russia (Flag) and Estonia (Flag) (2021)

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