Estonia (EST) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Estonia-Iran Trade: In 2022, Estonia exported $969k to Iran. The main products that Estonia exported to Iran were Packaged Medicaments ($338k), Shaped Wood ($316k), and Peat ($168k). Over the past 5 years the exports of Estonia to Iran have decreased at an annualized rate of 32.7%, from $7M in 2017 to $969k in 2022.

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

Iran-Estonia Trade: In 2022, Iran exported $1.47M to Estonia. The main products that Iran exported to Estonia were Other Processed Fruits and Nuts ($534k), Styrene Polymers ($387k), and Grapes ($99.7k). Over the past 5 years the exports of Iran to Estonia have decreased at an annualized rate of 1.81%, from $2.11M in 2017 to $1.47M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $969k to Iran. The main products exported from Estonia to Iran were Packaged Medicaments ($338k), Shaped Wood ($316k), and Peat ($168k). During the last 5 years the exports of Estonia to Iran have decreased at an annualized rate of 32.7%, from $7M in 2017 to $969k in 2022.

In 2017, Iran exported $1.47M to Estonia. The main products exported from Iran to Estonia were Other Processed Fruits and Nuts ($534k), Styrene Polymers ($387k), and Grapes ($99.7k). During the last 5 years the exports of Iran to Estonia have decreased at an annualized rate of 1.81%, from $2.11M in 2022 to $1.47M in 2017.

Exports from Estonia () to Iran () (2022)

Exports from Iran () to Estonia () (2022)

Latest Data

Trade between Estonia () and Iran ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Estonia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

Difference in imports from Iran () and Estonia () (2022)

Comparative Advantage Estonia - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Iran in the exports of Wood Products ($367k), Chemical Products ($338k), and Mineral Products ($168k).

During 2017, Iran had a large net trade with Estonia in the exports of Foodstuffs ($600k), Plastics and Rubbers ($393k), and Vegetable Products ($346k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Iran () (2022)

Exports from Iran () to Estonia () (2022)

Latest Data

Trade between Estonia () and Iran ()

Estonia Exports

Market Competitiveness

Difference in imports from Iran () and Estonia () (2022)

Comparative Advantage Estonia - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Estonia () and Iran () (2022)

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