Estonia (EST) and Greece (GRC) Trade | The Observatory of Economic Complexity

About

Estonia-Greece Trade: In 2023, Estonia exported $37.8M to Greece. The main products that Estonia exported to Greece were Cheese ($8.07M), Broadcasting Equipment ($2.9M), and Plywood ($1.8M). Over the past 5 years the exports of Estonia to Greece have increased at an annualized rate of 10.4%, from $23.1M in 2018 to $37.8M in 2023.

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 2023, Greece exported $87M to Estonia. The main products that Greece exported to Estonia were Other Fruits ($19.2M), Packaged Medicaments ($6.74M), and Pitted Fruits ($4.9M). Over the past 5 years the exports of Greece to Estonia have increased at an annualized rate of 26.7%, from $26.6M in 2018 to $87M in 2023.

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 2023, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Estonia exported $37.8M to Greece. The main products exported from Estonia to Greece were Cheese ($8.07M), Broadcasting Equipment ($2.9M), and Plywood ($1.8M). During the last 5 years the exports of Estonia to Greece have increased at an annualized rate of 10.4%, from $23.1M in 2018 to $37.8M in 2023.

In 2018, Greece exported $87M to Estonia. The main products exported from Greece to Estonia were Other Fruits ($19.2M), Packaged Medicaments ($6.74M), and Pitted Fruits ($4.9M). During the last 5 years the exports of Greece to Estonia have increased at an annualized rate of 26.7%, from $26.6M in 2023 to $87M in 2018.

Exports from Estonia () to Greece () (2023)

Exports from Greece () to Estonia () (2023)

Latest Data

Trade between Estonia () and Greece ()

Estonia Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$2.71B

Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Greece than Estonia included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

Difference in imports from Greece () and Estonia () (2023)

Comparative Advantage Estonia - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Estonia had a large net trade with Greece in the exports of Animal Products ($10.6M), Machines ($7.92M), and Wood Products ($4.73M).

During 2018, Greece had a large net trade with Estonia in the exports of Vegetable Products ($28.7M), Machines ($12.2M), and Chemical Products ($9.14M).

Bilateral Service Trade

Grc Year

Est Year

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 () to Greece () (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Estonia () to Greece () (2023)

Exports from Greece () to Estonia () (2023)

Latest Data

Trade between Estonia () and Greece ()

Estonia Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Estonia () (2023)

Comparative Advantage Estonia - Greece

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Estonia () and Greece () (2023)

Keep Exploring