2023
Exports
$12.3MWorld Rnk 44 / 197
Flag Rnk 263 / 1198
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$12.9MWorld Rnk 74 / 224
Flag Rnk 300 / 1207

About

Exports In 2023, Estonia exported $12.3M in Electric Soldering Equipment, making it the 44th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 263rd most exported product in Estonia. The main destination of Electric Soldering Equipment exports from Estonia are: Finland ($9.07M), Latvia ($694k), Lithuania ($612k), United States ($294k), and Norway ($264k).

The fastest growing export markets for Electric Soldering Equipment of Estonia between 2022 and 2023 were Finland ($5.54M), Uzbekistan ($106k), and Turkey ($93.3k).

Imports In 2023, Estonia imported $12.9M in Electric Soldering Equipment, becoming the 74th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 300th most imported product in Estonia. Estonia imports Electric Soldering Equipment primarily from: Germany ($2.47M), Finland ($1.98M), Poland ($1.79M), Italy ($963k), and China ($936k).

The fastest growing import markets in Electric Soldering Equipment for Estonia between 2022 and 2023 were Germany ($984k), Sweden ($709k), and Thailand ($157k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Soldering Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.3M
IMPORTS (2023)$12.9M
NET TRADE (2023)-$554k

In 2023, Estonia exported $12.3M in Electric Soldering Equipment. The main destinations of Estonia exports on Electric Soldering Equipment were Finland ($9.07M), Latvia ($694k), Lithuania ($612k), United States ($294k), and Norway ($264k).

In 2023, Estonia imported $12.9M in Electric Soldering Equipment, mainly from Germany ($2.47M), Finland ($1.98M), Poland ($1.79M), Italy ($963k), and China ($936k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Estonia WERE (2022 - 2023):
Finland$5.54M (157%)
Uzbekistan$106k (142k%)
Turkey$93.3k (1.54k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Estonia WERE (2022 - 2023):
Armenia-$2.17M (-100%)
Russia-$948k (-84.4%)
Egypt-$50.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Estonia's main exporting competitors in Electric Soldering Equipment were:
In 2023, Estonia's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Electric Soldering Equipment’s highest export potential is N/A. With an export gap of N/A.   Electric Soldering Equipment’s highest import potential is N/A with an import gap of N/A.

See methodology.

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