Estonia / Italy

Estonia-Italy Trade: In 2022, Estonia exported $292M to Italy. The main products that Estonia exported to Italy were Broadcasting Equipment ($37.4M), Cheese ($20.2M), and Excavation Machinery ($15.8M). Over the past 5 years the exports of Estonia to Italy have increased at an annualized rate of 11.3%, from $171M in 2017 to $292M in 2022.

In 2020, Estonia exported services to Italy worth $37.2M, with Other business services ($13.6M), Computer and information services ($7.65M), and Transportation ($7.2M) being the largest in terms of value.

Italy-Estonia Trade: In 2022, Italy exported $723M to Estonia. The main products that Italy exported to Estonia were Wine ($24.9M), Other Small Iron Pipes ($23.8M), and Cars ($23.3M). Over the past 5 years the exports of Italy to Estonia have increased at an annualized rate of 7.33%,  from $507M in 2017 to $723M in 2022.

In 2020, Italy exported services to Estonia worth $50.5M, with Travel ($22M), Transportation ($8.79M), and Communications services ($8M) 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).