2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Estonia-Spain Trade: In 2022, Estonia exported $208M to Spain. The main products that Estonia exported to Spain were Coal Tar Oil ($24.6M), Peat ($12.7M), and Plywood ($11.6M). Over the past 5 years the exports of Estonia to Spain have increased at an annualized rate of 6.13%, from $155M in 2017 to $208M in 2022.

In 2020, Estonia exported services to Spain worth $66.9M, with Other business services ($23.2M), Computer and information services ($20.4M), and Transportation ($10.1M) being the largest in terms of value.

Spain-Estonia Trade: In 2022, Spain exported $352M to Estonia. The main products that Spain exported to Estonia were Cars ($41.4M), Raw Iron Bars ($14.3M), and Polyacetals ($13.3M). Over the past 5 years the exports of Spain to Estonia have increased at an annualized rate of 4.85%,  from $278M in 2017 to $352M in 2022.

In 2022, Spain did not export any services to Estonia.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $208M to Spain. The main products exported from Estonia to Spain were Coal Tar Oil ($24.6M), Peat ($12.7M), and Plywood ($11.6M). During the last 5 years the exports of Estonia to Spain have increased at an annualized rate of 6.13%, from $155M in 2017 to $208M in 2022.

In 2017, Spain exported $352M to Estonia. The main products exported from Spain to Estonia were Cars ($41.4M), Raw Iron Bars ($14.3M), and Polyacetals ($13.3M). During the last 5 years the exports of Spain to Estonia have increased at an annualized rate of 4.85%, from $278M in 2022 to $352M in 2017.

Exports from Estonia (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to Estonia (Flag) (2022)

Latest Data

Trade between Estonia (Flag) and Spain (Flag)

Estonia Exports

Spain Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from Estonia than Spain included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

In 2022, countries that imported more from Spain than Estonia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain (Flag) and Estonia (Flag) (2022)

Comparative Advantage Estonia - Spain

Flow
Scale

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

During 2022, Estonia had a large net trade with Spain in the exports of Mineral Products ($39.1M), Machines ($34.4M), and Chemical Products ($25.7M).

During 2017, Spain had a large net trade with Estonia in the exports of Transportation ($56.6M), Machines ($45M), and Metals ($42.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Spain (Flag) (2022)

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