HS Icon Refined Petroleum in  Flag Estonia

2021
Exports | Imports
: $635M | $2.19B, World Rnk 65 / 218
Flag Rnk 3 / 1186 | World Rnk 70 / 226
Flag Rnk 1 / 1200

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $93.2M | $811M, United Kingdom |  Russia

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Estonia exported $635M in Refined Petroleum, making it the 65th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Estonia. The main destination of Refined Petroleum exports from Estonia are: United Kingdom ($118M), United States ($99.7M), Canada ($61.6M), Netherlands ($52M), and Singapore ($50.7M).

The fastest growing export markets for Refined Petroleum of Estonia between 2020 and 2021 were United Kingdom ($93.2M), Singapore ($36.7M), and Japan ($36.3M).

Imports In 2021, Estonia imported $2.19B in Refined Petroleum, becoming the 70th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Estonia. Estonia imports Refined Petroleum primarily from: Russia ($1.47B), Lithuania ($390M), Finland ($156M), Belarus ($37.9M), and Ukraine ($28.9M).

The fastest growing import markets in Refined Petroleum for Estonia between 2020 and 2021 were Russia ($811M), Lithuania ($156M), and Belarus ($36.3M).

Tariffs In 2017, the average tariff for Estonia in Refined Petroleum was 0.92%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (Most Favoured Nation duty rate treatment, 2.54%), Gabon (Most Favoured Nation duty rate treatment, 2.54%), Libya (Most Favoured Nation duty rate treatment, 2.54%), Mayotte (Most Favoured Nation duty rate treatment, 2.54%), and Reunion (Most Favoured Nation duty rate treatment, 2.54%).

Subnational Monthly Trade

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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 Refined Petroleum. 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

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EXPORTS (2021): $635M

IMPORTS (2021): $2.19B

NET TRADE (2021): -$1.56B

In 2021, Estonia exported $635M in Refined Petroleum. The main destinations of Estonia exports on Refined Petroleum were United Kingdom ($118M), United States ($99.7M), Canada ($61.6M), Netherlands ($52M), and Singapore ($50.7M).

In 2021, Estonia imported $2.19B in Refined Petroleum, mainly from Russia ($1.47B), Lithuania ($390M), Finland ($156M), Belarus ($37.9M), and Ukraine ($28.9M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Estonia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Estonia WERE (2020 - 2021):

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Market Concentration

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In 2021, Estonia's main exporting competitors in Refined Petroleum were:

In 2021, Estonia's main importing competitors in Refined Petroleum were:

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