2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195

About

Estonia-Japan Trade: In 2023, Estonia exported $226M to Japan. The main products that Estonia exported to Japan were Broadcasting Equipment ($84.1M), Wood Carpentry ($27.1M), and Precious Metal Scraps ($22.6M). Over the past 5 years the exports of Estonia to Japan have increased at an annualized rate of 14%, from $117M in 2018 to $226M in 2023.

In 2020, Estonia exported services to Japan worth $32.4M, with Other business services ($23.1M), Computer and information services ($3.54M), and Transportation ($2.51M) being the largest in terms of value.

Japan-Estonia Trade: In 2023, Japan exported $431M to Estonia. The main products that Japan exported to Estonia were Cars ($274M), Industrial Printers ($51M), and Large Construction Vehicles ($9.12M). Over the past 5 years the exports of Japan to Estonia have increased at an annualized rate of 8.47%,  from $287M in 2018 to $431M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $226M to Japan. The main products exported from Estonia to Japan were Broadcasting Equipment ($84.1M), Wood Carpentry ($27.1M), and Precious Metal Scraps ($22.6M). During the last 5 years the exports of Estonia to Japan have increased at an annualized rate of 14%, from $117M in 2018 to $226M in 2023.

In 2018, Japan exported $431M to Estonia. The main products exported from Japan to Estonia were Cars ($274M), Industrial Printers ($51M), and Large Construction Vehicles ($9.12M). During the last 5 years the exports of Japan to Estonia have increased at an annualized rate of 8.47%, from $287M in 2023 to $431M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Japan (Flag)

Estonia Exports

Japan Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Japan
Top Destination
United States$143B

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

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

In 2023, countries that imported more from Japan than Estonia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Estonia - Japan

Flow
Scale

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

During 2023, Estonia had a large net trade with Japan in the exports of Machines ($102M), Wood Products ($41.6M), and Precious Metals ($22.7M).

During 2018, Japan had a large net trade with Estonia in the exports of Transportation ($286M), Machines ($96.3M), and Instruments ($13.2M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with