Estonia / Italy

Estonia-Italy Trade: In 2023, Estonia exported $262M to Italy. The main products that Estonia exported to Italy were Broadcasting Equipment ($37.3M), Excavation Machinery ($22.5M), and Cheese ($16.4M). Over the past 5 years the exports of Estonia to Italy have increased at an annualized rate of 7.81%, from $180M in 2018 to $262M in 2023.

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 2023, Italy exported $707M to Estonia. The main products that Italy exported to Estonia were Packaged Medicaments ($31.5M), Wine ($26.6M), and Other Small Iron Pipes ($20.4M). Over the past 5 years the exports of Italy to Estonia have increased at an annualized rate of 6.89%,  from $507M in 2018 to $707M in 2023.

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 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).