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Exports In 2022, Estonia exported $1.15B in Electricity, making it the 26th largest exporter of Electricity in the world. At the same year, Electricity was the 1st most exported product in Estonia. The main destination of Electricity exports from Estonia are: Latvia ($1.13B) and Finland ($25.9M).

The fastest growing export markets for Electricity of Estonia between 2021 and 2022 were Latvia ($720M) and Finland ($11.5M).

Imports In 2022, Estonia imported $962M in Electricity, becoming the 30th largest importer of Electricity in the world. At the same year, Electricity was the 3rd most imported product in Estonia. Estonia imports Electricity primarily from: Finland ($944M) and Latvia ($18.1M).

The fastest growing import markets in Electricity for Estonia between 2021 and 2022 were Finland ($276M).

Latest Trends

Oct 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 Electricity. 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 (2022)$1.15B
IMPORTS (2022)$962M
NET TRADE (2022)$189M

In 2022, Estonia exported $1.15B in Electricity. The main destinations of Estonia exports on Electricity were Latvia ($1.13B) and Finland ($25.9M).

In 2022, Estonia imported $962M in Electricity, mainly from Finland ($944M) and Latvia ($18.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Latvia$720M (177%)
Finland$11.5M (79.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Electricity were:
In 2022, Estonia's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

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

See methodology.

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