2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Germany-Estonia Trade: In 2023, Germany exported $2.38B to Estonia. The main products that Germany exported to Estonia were Cars ($422M), Packaged Medicaments ($73.1M), and Delivery Trucks ($52.4M). Over the past 5 years the exports of Germany to Estonia have increased at an annualized rate of 2.78%, from $2.08B in 2018 to $2.38B in 2023.

In 2020, Germany exported services to Estonia worth $248M, with Transportation ($224M), Computer and information services ($14.9M), and Royalties and license fees ($5.71M) being the largest in terms of value.

Estonia-Germany Trade: In 2023, Estonia exported $963M to Germany. The main products that Estonia exported to Germany were Plywood ($58M), Prefabricated Buildings ($55.5M), and Electrical Transformers ($40.2M). Over the past 5 years the exports of Estonia to Germany have increased at an annualized rate of 0.11%,  from $958M in 2018 to $963M in 2023.

In 2020, Estonia exported services to Germany worth $316M, with Computer and information services ($107M), Other business services ($77M), and Transportation ($74.8M) being the largest in terms of value.

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $2.38B to Estonia. The main products exported from Germany to Estonia were Cars ($422M), Packaged Medicaments ($73.1M), and Delivery Trucks ($52.4M). During the last 5 years the exports of Germany to Estonia have increased at an annualized rate of 2.78%, from $2.08B in 2018 to $2.38B in 2023.

In 2018, Estonia exported $963M to Germany. The main products exported from Estonia to Germany were Plywood ($58M), Prefabricated Buildings ($55.5M), and Electrical Transformers ($40.2M). During the last 5 years the exports of Estonia to Germany have increased at an annualized rate of 0.11%, from $958M in 2023 to $963M in 2018.

Exports from Germany (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Estonia
Top Destination
Finland$2.71B

This map shows whether countries import more from Germany or Estonia. Each country is colored based on the difference in imports they receive from Germany and Estonia or the difference in the growth in imports.

In 2023, countries that imported more from Germany than Estonia included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Estonia than Germany included British Virgin Islands ($3.6M) and Palau ($149k).

Difference in imports from Estonia (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - Estonia

Flow
Scale

This chart compares trade between Germany and Estonia by product, considering products traded by both, Germany and Estonia.

During 2023, Germany had a large net trade with Estonia in the exports of Machines ($641M), Transportation ($631M), and Chemical Products ($243M).

During 2018, Estonia had a large net trade with Germany in the exports of Machines ($238M), Wood Products ($118M), and Miscellaneous ($105M).

Bilateral Service Trade

In 2020, Germany exported services to Estonia worth $248M, with Transportation ($224M), Computer and information services ($14.9M), and Royalties and license fees ($5.71M) being the largest in terms of value.

In 2020, Estonia exported services to Germany worth $316M, with Computer and information services ($107M), Other business services ($77M), and Transportation ($74.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Estonia (Flag) (2020)

Services Exports from Estonia (Flag) to Germany (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and Estonia. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and Estonia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with