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Exports In 2022, Estonia exported $8.32M in Iron Ore, making it the 54th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 320th most exported product in Estonia. The main destination of Iron Ore exports from Estonia are: China ($8.3M), Latvia ($19.6k), Netherlands ($3.43k), and Finland ($53).

The fastest growing export markets for Iron Ore of Estonia between 2021 and 2022 were China ($8.3M), Latvia ($8.63k), and Netherlands ($3.41k).

Imports In 2022, Estonia imported $560k in Iron Ore, becoming the 65th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 903rd most imported product in Estonia. Estonia imports Iron Ore primarily from: Sweden ($527k), Chinese Taipei ($19.9k), Central African Republic ($4.18k), United States ($4.11k), and Netherlands ($2.37k).

The fastest growing import markets in Iron Ore for Estonia between 2021 and 2022 were Chinese Taipei ($19.9k), Sweden ($13k), and Central African Republic ($4.18k).

Latest Trends

Sep 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 Iron Ore. 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)$8.32M
IMPORTS (2022)$560k
NET TRADE (2022)$7.76M

In 2022, Estonia exported $8.32M in Iron Ore. The main destinations of Estonia exports on Iron Ore were China ($8.3M), Latvia ($19.6k), Netherlands ($3.43k), and Finland ($53).

In 2022, Estonia imported $560k in Iron Ore, mainly from Sweden ($527k), Chinese Taipei ($19.9k), Central African Republic ($4.18k), United States ($4.11k), and Netherlands ($2.37k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
China$8.3M (1%)
Latvia$8.63k (78.4%)
Netherlands$3.41k (20.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Estonia WERE (2021 - 2022):Finland-$5.36k (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Estonia's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Estonia's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

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

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