Estonia / Norway

Estonia-Norway Trade: In 2023, Estonia exported $684M to Norway. The main products that Estonia exported to Norway were Prefabricated Buildings ($87.4M), Wood Carpentry ($55.4M), and Shaped Wood ($43.8M). Over the past 5 years the exports of Estonia to Norway have decreased at an annualized rate of 0.44%, from $699M in 2018 to $684M in 2023.

In 2020, Estonia exported services to Norway worth $169M, with Transportation ($69.2M), Construction services ($45.1M), and Other business services ($31.9M) being the largest in terms of value.

Norway-Estonia Trade: In 2023, Norway exported $364M to Estonia. The main products that Norway exported to Estonia were Petroleum Gas ($153M), Non-fillet Fresh Fish ($44.9M), and Delivery Trucks ($29.6M). Over the past 5 years the exports of Norway to Estonia have increased at an annualized rate of 13.9%,  from $190M in 2018 to $364M in 2023.

In 2009, Norway exported services to Estonia worth $20.1M, with Travel ($8.15M), Financial services ($5.75M), and Other business services ($3.68M) 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).