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2023
Flag → Flag
Exports $566kRnk 135 / 192
2023
Flag → Flag
Top Product $300kPackaged Medicaments
2023
Flag → Flag
Exports $1.11MRnk 73 / 130
2023
Flag → Flag
Top Product $284kOther Processed Fruits and Nuts
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Estonia-Iran Trade: In 2023, Estonia exported $566k to Iran. The main products that Estonia exported to Iran were Packaged Medicaments ($300k), Shaped Wood ($174k), and Peat ($56.6k). Over the past 5 years the exports of Estonia to Iran have decreased at an annualized rate of 33.8%, from $4.44M in 2018 to $566k in 2023.

In 2023, Estonia did not export any services to Iran.

Iran-Estonia Trade: In 2023, Iran exported $1.11M to Estonia. The main products that Iran exported to Estonia were Other Processed Fruits and Nuts ($284k), Styrene Polymers ($213k), and Tropical Fruits ($95k). Over the past 5 years the exports of Iran to Estonia have decreased at an annualized rate of 16.1%,  from $2.68M in 2018 to $1.11M in 2023.

In 2023, Iran did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $566k to Iran. The main products exported from Estonia to Iran were Packaged Medicaments ($300k), Shaped Wood ($174k), and Peat ($56.6k). During the last 5 years the exports of Estonia to Iran have decreased at an annualized rate of 33.8%, from $4.44M in 2018 to $566k in 2023.

In 2018, Iran exported $1.11M to Estonia. The main products exported from Iran to Estonia were Other Processed Fruits and Nuts ($284k), Styrene Polymers ($213k), and Tropical Fruits ($95k). During the last 5 years the exports of Iran to Estonia have decreased at an annualized rate of 16.1%, from $2.68M in 2023 to $1.11M in 2018.

Exports from Estonia (Flag) to Iran (Flag) (2023)

Exports from Iran (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Iran (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Iran than Estonia included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

Difference in imports from Iran (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Iran

Flow
Scale

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

During 2023, Estonia had a large net trade with Iran in the exports of Chemical Products ($300k), Wood Products ($174k), and Mineral Products ($56.6k).

During 2018, Iran had a large net trade with Estonia in the exports of Vegetable Products ($446k), Foodstuffs ($366k), and Plastics and Rubbers ($218k).

Economic Complexity

Competitive Landscape

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.

Product Space of Estonia (Flag) and Iran (Flag) (2023)

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