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2023
Flag → Flag
Exports $509MRnk 13 / 192
2023
Flag → Flag
Top Product $42.7MSawn Wood
2023
Flag → Flag
Exports $409MRnk 70 / 223
2023
Flag → Flag
Top Product $68.5MCars
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
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GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Estonia-United Kingdom Trade: In 2023, Estonia exported $509M to United Kingdom. The main products that Estonia exported to United Kingdom were Sawn Wood ($42.7M), Prefabricated Buildings ($42M), and Fuel Wood ($29.9M). Over the past 5 years the exports of Estonia to United Kingdom have increased at an annualized rate of 8.61%, from $337M in 2018 to $509M in 2023.

In 2020, Estonia exported services to United Kingdom worth $372M, with Computer and information services ($137M), Other business services ($119M), and Transportation ($82.6M) being the largest in terms of value.

United Kingdom-Estonia Trade: In 2023, United Kingdom exported $409M to Estonia. The main products that United Kingdom exported to Estonia were Cars ($68.5M), Packaged Medicaments ($24.4M), and Hard Liquor ($19.2M). Over the past 5 years the exports of United Kingdom to Estonia have decreased at an annualized rate of 4.56%,  from $516M in 2018 to $409M in 2023.

In 2019, United Kingdom exported services to Estonia worth $34.5M, with Other business services ($8.96M), Royalties and license fees ($6.38M), and Communications services ($5.15M) being the largest in terms of value.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $509M to United Kingdom. The main products exported from Estonia to United Kingdom were Sawn Wood ($42.7M), Prefabricated Buildings ($42M), and Fuel Wood ($29.9M). During the last 5 years the exports of Estonia to United Kingdom have increased at an annualized rate of 8.61%, from $337M in 2018 to $509M in 2023.

In 2018, United Kingdom exported $409M to Estonia. The main products exported from United Kingdom to Estonia were Cars ($68.5M), Packaged Medicaments ($24.4M), and Hard Liquor ($19.2M). During the last 5 years the exports of United Kingdom to Estonia have decreased at an annualized rate of 4.56%, from $516M in 2023 to $409M in 2018.

Exports from Estonia (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and United Kingdom (Flag)

Estonia Exports

United Kingdom Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Estonia than United Kingdom included Latvia ($1.91B), Lithuania ($1.74B), and Finland ($2.71B).

In 2023, countries that imported more from United Kingdom than Estonia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - United Kingdom

Flow
Scale

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

During 2023, Estonia had a large net trade with United Kingdom in the exports of Machines ($127M), Wood Products ($109M), and Miscellaneous ($101M).

During 2018, United Kingdom had a large net trade with Estonia in the exports of Machines ($111M), Transportation ($91.8M), and Chemical Products ($60.6M).

Bilateral Service Trade

In 2020, Estonia exported services to United Kingdom worth $372M, with Computer and information services ($137M), Other business services ($119M), and Transportation ($82.6M) being the largest in terms of value.

In 2019, United Kingdom exported services to Estonia worth $34.5M, with Other business services ($8.96M), Royalties and license fees ($6.38M), and Communications services ($5.15M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Estonia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and United Kingdom (Flag) (2023)

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