2022
Exports
$3.3MWorld Rnk 32 / 160
Flag Rnk 454 / 1195
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$2.98MWorld Rnk 64 / 212
Flag Rnk 642 / 1201

About

Exports In 2022, Estonia exported $3.3M in Metalworking Machines, making it the 32nd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 454th most exported product in Estonia. The main destination of Metalworking Machines exports from Estonia are: Russia ($1.61M), Germany ($623k), Latvia ($267k), Lithuania ($239k), and Armenia ($178k).

The fastest growing export markets for Metalworking Machines of Estonia between 2021 and 2022 were Russia ($1.08M), Armenia ($178k), and Kazakhstan ($159k).

Imports In 2022, Estonia imported $2.98M in Metalworking Machines, becoming the 64th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 642nd most imported product in Estonia. Estonia imports Metalworking Machines primarily from: Czechia ($1.15M), Germany ($778k), China ($331k), Italy ($270k), and Chinese Taipei ($96.5k).

The fastest growing import markets in Metalworking Machines for Estonia between 2021 and 2022 were Czechia ($770k), Germany ($165k), and Bulgaria ($77.2k).

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 Metalworking Machines. 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)$3.3M
IMPORTS (2022)$2.98M
NET TRADE (2022)$317k

In 2022, Estonia exported $3.3M in Metalworking Machines. The main destinations of Estonia exports on Metalworking Machines were Russia ($1.61M), Germany ($623k), Latvia ($267k), Lithuania ($239k), and Armenia ($178k).

In 2022, Estonia imported $2.98M in Metalworking Machines, mainly from Czechia ($1.15M), Germany ($778k), China ($331k), Italy ($270k), and Chinese Taipei ($96.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Russia$1.08M (204%)
Armenia$178k (1%)
Kazakhstan$159k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Estonia WERE (2021 - 2022):
Finland-$192k (-79.1%)
Sweden-$34.1k (-50.7%)
Lithuania-$26k (-9.82%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Metalworking Machines were:
In 2022, Estonia's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

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

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