2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Estonia-Mexico Trade: In 2022, Estonia exported $38.8M to Mexico. The main products that Estonia exported to Mexico were Broadcasting Equipment ($5.3M), Other Metal Fasteners ($5.27M), and Wood Crates ($2.96M). Over the past 5 years the exports of Estonia to Mexico have decreased at an annualized rate of 28.8%, from $213M in 2017 to $38.8M in 2022.

In 2020, Estonia exported services to Mexico worth $13.1M, with Other business services ($9.71M), Computer and information services ($1.83M), and Travel ($1.03M) being the largest in terms of value.

Mexico-Estonia Trade: In 2022, Mexico exported $30M to Estonia. The main products that Mexico exported to Estonia were Medical Instruments ($2.84M), Integrated Circuits ($2.16M), and Tractors ($2.11M). Over the past 5 years the exports of Mexico to Estonia have decreased at an annualized rate of 2.28%,  from $33.6M in 2017 to $30M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $38.8M to Mexico. The main products exported from Estonia to Mexico were Broadcasting Equipment ($5.3M), Other Metal Fasteners ($5.27M), and Wood Crates ($2.96M). During the last 5 years the exports of Estonia to Mexico have decreased at an annualized rate of 28.8%, from $213M in 2017 to $38.8M in 2022.

In 2017, Mexico exported $30M to Estonia. The main products exported from Mexico to Estonia were Medical Instruments ($2.84M), Integrated Circuits ($2.16M), and Tractors ($2.11M). During the last 5 years the exports of Mexico to Estonia have decreased at an annualized rate of 2.28%, from $33.6M in 2022 to $30M in 2017.

Exports from Estonia (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to Estonia (Flag) (2022)

Latest Data

Trade between Estonia (Flag) and Mexico (Flag)

Estonia Exports

Mexico Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Mexico
Top Destination
United States$421B

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

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

In 2022, countries that imported more from Mexico than Estonia included United States ($421B), Canada ($22.2B), and China ($12.7B).

Difference in imports from Mexico (Flag) and Estonia (Flag) (2022)

Comparative Advantage Estonia - Mexico

Flow
Scale

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

During 2022, Estonia had a large net trade with Mexico in the exports of Machines ($16.3M), Metals ($5.91M), and Instruments ($3.72M).

During 2017, Mexico had a large net trade with Estonia in the exports of Machines ($13M), Instruments ($6.33M), and Transportation ($5.72M).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Mexico (Flag) (2022)

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