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

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Estonia-Russia Trade: In 2022, Estonia exported $1.38B to Russia. The main products that Estonia exported to Russia were Palm Oil ($336M), Cocoa Butter ($46.6M), and Centrifuges ($46.5M). Over the past 5 years the exports of Estonia to Russia have decreased at an annualized rate of 2.72%, from $1.59B in 2017 to $1.38B in 2022.

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 2022, Russia exported $2.1B to Estonia. The main products that Russia exported to Estonia were Refined Petroleum ($539M), Coal Tar Oil ($498M), and Petroleum Gas ($244M). Over the past 5 years the exports of Russia to Estonia have increased at an annualized rate of 0.83%, from $2.01B in 2017 to $2.1B in 2022.

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 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $1.38B to Russia. The main products exported from Estonia to Russia were Palm Oil ($336M), Cocoa Butter ($46.6M), and Centrifuges ($46.5M). During the last 5 years the exports of Estonia to Russia have decreased at an annualized rate of 2.72%, from $1.59B in 2017 to $1.38B in 2022.

In 2017, Russia exported $2.1B to Estonia. The main products exported from Russia to Estonia were Refined Petroleum ($539M), Coal Tar Oil ($498M), and Petroleum Gas ($244M). During the last 5 years the exports of Russia to Estonia have increased at an annualized rate of 0.83%, from $2.01B in 2022 to $2.1B in 2017.

Exports from Estonia () to Russia () (2022)

Exports from Russia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Russia ()

Estonia Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Russia
Top DestinationChina$101B

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 2022, countries that imported more from Estonia than Russia included Sweden ($1.9B), Latvia ($2.77B), and Belarus ($115M).

In 2022, countries that imported more from Russia than Estonia included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Estonia () (2022)

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 2022, Estonia had a large net trade with Russia in the exports of Machines ($375M), Animal and Vegetable Bi-Products ($359M), and Foodstuffs ($144M).

During 2017, Russia had a large net trade with Estonia in the exports of Mineral Products ($1.3B), Wood Products ($229M), and Chemical Products ($220M).

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 () (2022)

Exports from Russia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Russia ()

Estonia Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Estonia () (2022)

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 () (2022)

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