2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Vietnam-Estonia Trade: In 2022, Vietnam exported $101M to Estonia. The main products that Vietnam exported to Estonia were Broadcasting Equipment ($11.8M), Fish Fillets ($5.49M), and Leather Footwear ($5.19M). Over the past 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 17.8%, from $44.7M in 2017 to $101M in 2022.

In 2022, Vietnam did not export any services to Estonia.

Estonia-Vietnam Trade: In 2022, Estonia exported $17.4M to Vietnam. The main products that Estonia exported to Vietnam were Sawn Wood ($2.78M), Excavation Machinery ($2.07M), and Unsaturated Acyclic Monocarboxylic Acids ($1.61M). Over the past 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 18.5%,  from $7.44M in 2017 to $17.4M in 2022.

In 2022, Estonia did not export any services to Vietnam.

Comparison In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2),  and 19 in total exports ($399B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $101M to Estonia. The main products exported from Vietnam to Estonia were Broadcasting Equipment ($11.8M), Fish Fillets ($5.49M), and Leather Footwear ($5.19M). During the last 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 17.8%, from $44.7M in 2017 to $101M in 2022.

In 2017, Estonia exported $17.4M to Vietnam. The main products exported from Estonia to Vietnam were Sawn Wood ($2.78M), Excavation Machinery ($2.07M), and Unsaturated Acyclic Monocarboxylic Acids ($1.61M). During the last 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 18.5%, from $7.44M in 2022 to $17.4M in 2017.

Exports from Vietnam (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Vietnam than Estonia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Estonia than Vietnam included Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

Difference in imports from Estonia (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Estonia

Flow
Scale

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

During 2022, Vietnam had a large net trade with Estonia in the exports of Machines ($32.5M), Textiles ($15.6M), and Footwear and Headwear ($13.5M).

During 2017, Estonia had a large net trade with Vietnam in the exports of Machines ($7.22M), Wood Products ($4.68M), and Chemical Products ($2.53M).

Economic Complexity

Competitive Landscape

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

Product Space of Vietnam (Flag) and Estonia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with