2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
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 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
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GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Estonia-Saudi Arabia Trade: In 2022, Estonia exported $56M to Saudi Arabia. The main products that Estonia exported to Saudi Arabia were Wheat ($20.5M), Barley ($19.8M), and Sawn Wood ($2.68M). Over the past 5 years the exports of Estonia to Saudi Arabia have decreased at an annualized rate of 24.7%, from $231M in 2017 to $56M in 2022.

In 2022, Estonia did not export any services to Saudi Arabia.

Saudi Arabia-Estonia Trade: In 2022, Saudi Arabia exported $47M to Estonia. The main products that Saudi Arabia exported to Estonia were Ethylene Polymers ($40.8M), Titanium ($2.56M), and Ethers ($2.26M). Over the past 5 years the exports of Saudi Arabia to Estonia have decreased at an annualized rate of 1.97%,  from $51.9M in 2017 to $47M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $56M to Saudi Arabia. The main products exported from Estonia to Saudi Arabia were Wheat ($20.5M), Barley ($19.8M), and Sawn Wood ($2.68M). During the last 5 years the exports of Estonia to Saudi Arabia have decreased at an annualized rate of 24.7%, from $231M in 2017 to $56M in 2022.

In 2017, Saudi Arabia exported $47M to Estonia. The main products exported from Saudi Arabia to Estonia were Ethylene Polymers ($40.8M), Titanium ($2.56M), and Ethers ($2.26M). During the last 5 years the exports of Saudi Arabia to Estonia have decreased at an annualized rate of 1.97%, from $51.9M in 2022 to $47M in 2017.

Exports from Estonia (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Estonia (Flag) (2022)

Latest Data

Trade between Estonia (Flag) and Saudi Arabia (Flag)

Estonia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Saudi Arabia
Top Destination
China$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Estonia included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Estonia (Flag) (2022)

Comparative Advantage Estonia - Saudi Arabia

Flow
Scale

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

During 2022, Estonia had a large net trade with Saudi Arabia in the exports of Vegetable Products ($41.3M), Machines ($4.61M), and Wood Products ($3.66M).

During 2017, Saudi Arabia had a large net trade with Estonia in the exports of Plastics and Rubbers ($41.1M), Metals ($2.56M), and Chemical Products ($2.51M).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Saudi Arabia (Flag) (2022)

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