2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Estonia-Greece Trade: In 2022, Estonia exported $101M to Greece. The main products that Estonia exported to Greece were Coal Tar Oil ($54.2M), Refined Petroleum ($10.8M), and Cheese ($7.39M). Over the past 5 years the exports of Estonia to Greece have increased at an annualized rate of 41.9%, from $17.6M in 2017 to $101M in 2022.

In 2020, Estonia exported services to Greece worth $6.97M, with Transportation ($3.66M), Travel ($1.14M), and Computer and information services ($914k) being the largest in terms of value.

Greece-Estonia Trade: In 2022, Greece exported $64.9M to Estonia. The main products that Greece exported to Estonia were Other Fruits ($12.2M), Microphones and Headphones ($3.78M), and Knitted Hats ($2.75M). Over the past 5 years the exports of Greece to Estonia have increased at an annualized rate of 20.3%,  from $21.4M in 2017 to $64.9M in 2022.

In 2020, Greece exported services to Estonia worth $35.3M, with Transportation ($11.5M), Construction services ($7.54M), and Other business services ($6.74M) being the largest in terms of value.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $101M to Greece. The main products exported from Estonia to Greece were Coal Tar Oil ($54.2M), Refined Petroleum ($10.8M), and Cheese ($7.39M). During the last 5 years the exports of Estonia to Greece have increased at an annualized rate of 41.9%, from $17.6M in 2017 to $101M in 2022.

In 2017, Greece exported $64.9M to Estonia. The main products exported from Greece to Estonia were Other Fruits ($12.2M), Microphones and Headphones ($3.78M), and Knitted Hats ($2.75M). During the last 5 years the exports of Greece to Estonia have increased at an annualized rate of 20.3%, from $21.4M in 2022 to $64.9M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Greece (Flag)

Estonia Exports

Greece Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Greece
Top Destination
Italy$5.82B

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

In 2022, countries that imported more from Estonia than Greece included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Greece than Estonia included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

Comparative Advantage Estonia - Greece

Flow
Scale

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

During 2022, Estonia had a large net trade with Greece in the exports of Mineral Products ($66.9M), Animal Products ($9.28M), and Machines ($8.75M).

During 2017, Greece had a large net trade with Estonia in the exports of Vegetable Products ($16.1M), Machines ($11.9M), and Textiles ($11.5M).

Bilateral Service Trade

In 2020, Estonia exported services to Greece worth $6.97M, with Transportation ($3.66M), Travel ($1.14M), and Computer and information services ($914k) being the largest in terms of value.

In 2020, Greece exported services to Estonia worth $35.3M, with Transportation ($11.5M), Construction services ($7.54M), and Other business services ($6.74M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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