United States (USA) and Estonia (EST) Trade

2022

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Exports $279MRnk 103 / 219

2022

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About

United States-Estonia Trade: In 2022, United States exported $279M to Estonia. The main products that United States exported to Estonia were Petroleum Gas ($88.9M), Other Nuts ($39.1M), and Broadcasting Equipment ($38.1M). Over the past 5 years the exports of United States to Estonia have increased at an annualized rate of 13.5%, from $148M in 2017 to $279M in 2022.

In 2017, United States exported services to Estonia worth $162M, with Travel ($69M), Financial services ($20M), and Royalties and license fees ($20M) being the largest in terms of value.

Estonia-United States Trade: In 2022, Estonia exported $566M to United States. The main products that Estonia exported to United States were Broadcasting Equipment ($601M), Hydrometers ($55.1M), and Refined Petroleum ($45.2M). Over the past 5 years the exports of Estonia to United States have increased at an annualized rate of 46.4%, from $84.1M in 2017 to $566M in 2022.

In 2020, Estonia exported services to United States worth $251M, with Computer and information services ($108M), Other business services ($82.8M), and Transportation ($31.5M) being the largest in terms of value.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Konecranes (980), ABB Motors and Mechanical (21), and Continental Tire (12) were at the forefront of exporting goods from Estonia to the United States. Conversely, Konesko As (502), Yx-fintemec Ou (136), and Stera Technologies Oy (91) were notable for importing products to Estonia from the United States.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $28.9M and imported $89.1M from Estonia, resulting in a negative trade balance of $60.2M. Between April 2023 and April 2024 the exports of United States have decreased by $-6.89M (-19.3%) from $35.8M to $28.9M, while imports increased by $20.3M (29.5%) from $68.8M to $89.1M.

Trade In April 2024, the top exports of United States to Estonia were Commodities not elsewhere specified ($7.74M), Other Non-Knit Clothing Accessories ($6.48M), Aircraft Parts ($4.25M), Telephones ($3.69M), and Coin ($2.8M). In April 2024 the top imports of United States from Estonia were Other Measuring Instruments ($5.02M), Telephones ($4.98M), Glaziers Putty ($4.31M), Other Furniture ($2.23M), and Excavation Machinery ($2.16M).

Origins In April 2024 the exports of United States were mainly from California ($5.62M), Delaware ($4.26M), New York ($3.61M), Indiana ($2.91M), and Florida ($1.58M), while imports destinations were mainly Texas ($27.6M), Kentucky ($14.8M), Ohio ($7.67M), Tennessee ($4.88M), and Illinois ($3.57M).

Growth In April 2024, the decrease in United States's year-by-year exports to Estonia was explained primarily by an decrease in product exports in Cars ($-3.18M or -67.4%), LCDs ($-718k or -76.6%), and Coin ($-698k or -19.9%). In April 2024, the increase in United States's year-by-year imports from Estonia was explained primarily by an increase in product imports in Wood Carpentry ($1.87M or 2.37k%), Centrifuges ($1.58M or 750%), and Glaziers Putty ($1.3M or 43%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$-6.89M(-19.3%)

IMPORT GROWTH (April 2023 - April 2024)$20.3M(29.5%)

MAIN EXPORTER (April 2024)California$5.62M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Estonia and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $279M to Estonia. The main products exported from United States to Estonia were Petroleum Gas ($88.9M), Other Nuts ($39.1M), and Broadcasting Equipment ($38.1M). During the last 5 years the exports of United States to Estonia have increased at an annualized rate of 13.5%, from $148M in 2017 to $279M in 2022.

In 2017, Estonia exported $566M to United States. The main products exported from Estonia to United States were Broadcasting Equipment ($601M), Hydrometers ($55.1M), and Refined Petroleum ($45.2M). During the last 22 years the exports of Estonia to United States have increased at an annualized rate of 46.4%, from $84.1M in 1995 to $566M in 2017.

Exports from United States () to Estonia () (2022)

Exports from Estonia () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from United States than Estonia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Estonia than United States included Latvia ($2.77B), Belarus ($115M), and Bonaire ($347k).

Difference in imports from Estonia () and United States () (2022)

Comparative Advantage United States - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Estonia in the exports of Machines ($137M), Mineral Products ($102M), and Instruments ($57.7M).

During 2017, Estonia had a large net trade with United States in the exports of Machines ($728M), Instruments ($128M), and Wood Products ($110M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United States Estonia+N/AN/A

Top Product Potential Estonia United States+N/AN/A

N/A

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Bilateral Service Trade

Est Year

Usa Year

In 2017, United States exported services to Estonia worth $162M, with Travel ($69M), Financial services ($20M), and Royalties and license fees ($20M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States () to Estonia () (2017)

Services Exports from Estonia () to United States () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of United States () and Estonia () (2022)

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