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Exports In 2023, Estonia exported $297k in Magnesium, making it the 51st largest exporter of Magnesium in the world. At the same year, Magnesium was the 832nd most exported product in Estonia. The main destination of Magnesium exports from Estonia are: Romania ($278k), Germany ($8.62k), Latvia ($7.13k), Netherlands ($1.86k), and Kyrgyzstan ($472).

The fastest growing export markets for Magnesium of Estonia between 2022 and 2023 were Romania ($278k), Kyrgyzstan ($472), and Netherlands ($318).

Imports In 2023, Estonia imported $176k in Magnesium, becoming the 86th largest importer of Magnesium in the world. At the same year, Magnesium was the 990th most imported product in Estonia. Estonia imports Magnesium primarily from: Malaysia ($73.3k), China ($65.1k), Poland ($12.2k), Germany ($6.36k), and Netherlands ($5.63k).

The fastest growing import markets in Magnesium for Estonia between 2022 and 2023 were Malaysia ($63.2k), Netherlands ($3.79k), and Bulgaria ($1.94k).

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 Magnesium. 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)$297k
IMPORTS (2023)$176k
NET TRADE (2023)$121k

In 2023, Estonia exported $297k in Magnesium. The main destinations of Estonia exports on Magnesium were Romania ($278k), Germany ($8.62k), Latvia ($7.13k), Netherlands ($1.86k), and Kyrgyzstan ($472).

In 2023, Estonia imported $176k in Magnesium, mainly from Malaysia ($73.3k), China ($65.1k), Poland ($12.2k), Germany ($6.36k), and Netherlands ($5.63k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Estonia WERE (2022 - 2023):
Romania$278k (1%)
Kyrgyzstan$472 (1%)
Netherlands$318 (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Estonia WERE (2022 - 2023):
Latvia-$18.3k (-71.9%)
Germany-$4.51k (-34.3%)
Canada-$94 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Estonia's main exporting competitors in Magnesium were:
In 2023, Estonia's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

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

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