2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

United Kingdom-Estonia Trade: In 2023, United Kingdom exported $409M to Estonia. The main products that United Kingdom exported to Estonia were Cars ($68.5M), Packaged Medicaments ($24.4M), and Hard Liquor ($19.2M). Over the past 5 years the exports of United Kingdom to Estonia have decreased at an annualized rate of 4.56%, from $516M in 2018 to $409M in 2023.

In 2019, United Kingdom exported services to Estonia worth $34.5M, with Other business services ($8.96M), Royalties and license fees ($6.38M), and Communications services ($5.15M) being the largest in terms of value.

Estonia-United Kingdom Trade: In 2023, Estonia exported $509M to United Kingdom. The main products that Estonia exported to United Kingdom were Sawn Wood ($42.7M), Prefabricated Buildings ($42M), and Fuel Wood ($29.9M). Over the past 5 years the exports of Estonia to United Kingdom have increased at an annualized rate of 8.61%,  from $337M in 2018 to $509M in 2023.

In 2020, Estonia exported services to United Kingdom worth $372M, with Computer and information services ($137M), Other business services ($119M), and Transportation ($82.6M) being the largest in terms of value.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $409M to Estonia. The main products exported from United Kingdom to Estonia were Cars ($68.5M), Packaged Medicaments ($24.4M), and Hard Liquor ($19.2M). During the last 5 years the exports of United Kingdom to Estonia have decreased at an annualized rate of 4.56%, from $516M in 2018 to $409M in 2023.

In 2018, Estonia exported $509M to United Kingdom. The main products exported from Estonia to United Kingdom were Sawn Wood ($42.7M), Prefabricated Buildings ($42M), and Fuel Wood ($29.9M). During the last 5 years the exports of Estonia to United Kingdom have increased at an annualized rate of 8.61%, from $337M in 2023 to $509M in 2018.

Exports from United Kingdom (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from United Kingdom than Estonia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Estonia than United Kingdom included Latvia ($1.91B), Lithuania ($1.74B), and Finland ($2.71B).

Difference in imports from Estonia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Estonia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Estonia in the exports of Machines ($111M), Transportation ($91.8M), and Chemical Products ($60.6M).

During 2018, Estonia had a large net trade with United Kingdom in the exports of Machines ($127M), Wood Products ($109M), and Miscellaneous ($101M).

Bilateral Service Trade

In 2019, United Kingdom exported services to Estonia worth $34.5M, with Other business services ($8.96M), Royalties and license fees ($6.38M), and Communications services ($5.15M) being the largest in terms of value.

In 2020, Estonia exported services to United Kingdom worth $372M, with Computer and information services ($137M), Other business services ($119M), and Transportation ($82.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Estonia (Flag) (2019)

Services Exports from Estonia (Flag) to United Kingdom (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Estonia (Flag) (2023)

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