Estonia (EST) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Estonia-Russia Trade: In 2023, Estonia exported $1.18B to Russia. The main products that Estonia exported to Russia were Palm Oil ($375M), Other Edible Preparations ($52.2M), and Cocoa Butter ($46.3M). Over the past 5 years the exports of Estonia to Russia have decreased at an annualized rate of 2.94%, from $1.37B in 2018 to $1.18B in 2023.

In 2020, Estonia exported services to Russia worth $215M, with Transportation ($123M), Travel ($52.2M), and Other business services ($15.1M) being the largest in terms of value.

Russia-Estonia Trade: In 2023, Russia exported $194M to Estonia. The main products that Russia exported to Estonia were Ferroalloys ($19.2M), Rare-Earth Metal Compounds ($18M), and Petroleum Gas ($12.3M). Over the past 5 years the exports of Russia to Estonia have decreased at an annualized rate of 39%, from $2.3B in 2018 to $194M in 2023.

In 2020, Russia exported services to Estonia worth $274M, with Transportation ($111M), Travel ($80.6M), and Computer and information services ($37.3M) 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, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Estonia exported $1.18B to Russia. The main products exported from Estonia to Russia were Palm Oil ($375M), Other Edible Preparations ($52.2M), and Cocoa Butter ($46.3M). During the last 5 years the exports of Estonia to Russia have decreased at an annualized rate of 2.94%, from $1.37B in 2018 to $1.18B in 2023.

In 2018, Russia exported $194M to Estonia. The main products exported from Russia to Estonia were Ferroalloys ($19.2M), Rare-Earth Metal Compounds ($18M), and Petroleum Gas ($12.3M). During the last 5 years the exports of Russia to Estonia have decreased at an annualized rate of 39%, from $2.3B in 2023 to $194M in 2018.

Exports from Estonia () to Russia () (2023)

Exports from Russia () to Estonia () (2023)

Latest Data

Trade between Estonia () and Russia ()

Estonia Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$2.71B

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Estonia than Russia included Finland ($2.71B), Sweden ($1.45B), and Lithuania ($1.74B).

In 2023, countries that imported more from Russia than Estonia included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Estonia () (2023)

Comparative Advantage Estonia - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Estonia had a large net trade with Russia in the exports of Animal and Vegetable Bi-Products ($410M), Machines ($229M), and Foodstuffs ($184M).

During 2018, Russia had a large net trade with Estonia in the exports of Chemical Products ($55.9M), Metals ($48.1M), and Mineral Products ($16.1M).

Bilateral Service Trade

Rus Year

Est Year

In 2020, Estonia exported services to Russia worth $215M, with Transportation ($123M), Travel ($52.2M), and Other business services ($15.1M) being the largest in terms of value.

In 2020, Russia exported services to Estonia worth $274M, with Transportation ($111M), Travel ($80.6M), and Computer and information services ($37.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia () to Russia () (2020)

Services Exports from Russia () to Estonia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Russia () (2023)

Exports from Russia () to Estonia () (2023)

Latest Data

Trade between Estonia () and Russia ()

Estonia Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Estonia () (2023)

Comparative Advantage Estonia - Russia

Bilateral Service Trade

Services Exports from Estonia () to Russia () (2020)

Services Exports from Russia () to Estonia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Estonia () and Russia () (2023)

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