HS Icon Interchangeable Tool Parts in  Flag Estonia

2019
Exports | Imports
: $5.43M | $19.8M, World Rnk 59 / 207
Flag Rnk 341 / 1185 | World Rnk 72 / 221
Flag Rnk 217 / 1198

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $650k | $307k, Russia |  China

2019
ECONOMIC COMPLEXITY of Estonia
: 1.04, Rnk 27 / 147

2019
PRODUCT COMPLEXITY  IN Interchangeable Tool Parts
: 1.78, Rnk 21 / 1029

Exports In 2019, Estonia exported $5.43M in Interchangeable Tool Parts, making it the 59th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 341st most exported product in Estonia. The main destination of Interchangeable Tool Parts exports from Estonia are: Russia ($1.33M), Lithuania ($999k), Latvia ($939k), Turkey ($483k), and Norway ($455k).

The fastest growing export markets for Interchangeable Tool Parts of Estonia between 2018 and 2019 were Russia ($650k), Turkey ($459k), and Lithuania ($186k).

Imports In 2019, Estonia imported $19.8M in Interchangeable Tool Parts, becoming the 72nd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 217th most imported product in Estonia. Estonia imports Interchangeable Tool Parts primarily from: Germany ($5.97M), China ($2.58M), Poland ($1.36M), Finland ($1.34M), and Italy ($1.07M).

The fastest growing import markets in Interchangeable Tool Parts for Estonia between 2018 and 2019 were China ($307k), Finland ($299k), and United States ($107k).

Tariffs In 2017, the average tariff for Estonia in Interchangeable Tool Parts was 0.8%. The countries with the highest import tariffs for Interchangeable Tool Parts were Western Sahara (Most Favoured Nation duty rate treatement, 2.7%), Gabon (Most Favoured Nation duty rate treatement, 2.7%), Libya (Most Favoured Nation duty rate treatement, 2.7%), Mayotte (Most Favoured Nation duty rate treatement, 2.7%), and Reunion (Most Favoured Nation duty rate treatement, 2.7%).

Historical Data

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EXPORTS (2019): $5.43M

IMPORTS (2019): $19.8M

NET TRADE (2019): -$14.4M

In 2019, Estonia exported $5.43M in Interchangeable Tool Parts. The main destinations of Estonia exports on Interchangeable Tool Parts were Russia ($1.33M), Lithuania ($999k), Latvia ($939k), Turkey ($483k), and Norway ($455k).

In 2019, Estonia imported $19.8M in Interchangeable Tool Parts, mainly from Germany ($5.97M), China ($2.58M), Poland ($1.36M), Finland ($1.34M), and Italy ($1.07M).

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IN 2019, Estonia HAD A POSITIVE NET TRADE IN Interchangeable Tool Parts WITH:

IN 2019, Estonia HAD A NEGATIVE NET TRADE IN Interchangeable Tool Parts WITH:

Flow

THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Estonia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Estonia WERE (2018 - 2019):

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Market Concentration

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In 2019, Estonia's main exporting competitors in Interchangeable Tool Parts were:

In 2019, Estonia's main importing competitors in Interchangeable Tool Parts were:

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Tariffs by Country

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In 2017, the average tariff for Estonia in Interchangeable Tool Parts was 0.8%.

The countries with the highest tariffs for Interchangeable Tool Parts in Estonia were Western Sahara (Most Favoured Nation duty rate treatement, 2.7%), Gabon (Most Favoured Nation duty rate treatement, 2.7%), Libya (Most Favoured Nation duty rate treatement, 2.7%), Mayotte (Most Favoured Nation duty rate treatement, 2.7%), and Reunion (Most Favoured Nation duty rate treatement, 2.7%).