2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

India-Estonia Trade: In 2022, India exported $135M to Estonia. The main products that India exported to Estonia were Refined Petroleum ($40.4M), Activated Carbon ($6.3M), and Other Small Iron Pipes ($4.04M). Over the past 5 years the exports of India to Estonia have increased at an annualized rate of 5.21%, from $105M in 2017 to $135M in 2022.

In 2022, India did not export any services to Estonia.

Estonia-India Trade: In 2022, Estonia exported $147M to India. The main products that Estonia exported to India were Coal Tar Oil ($39.3M), Semi chemical Woodpulp ($37.5M), and Shaped Wood ($8.97M). Over the past 5 years the exports of Estonia to India have increased at an annualized rate of 11.5%,  from $84.9M in 2017 to $147M in 2022.

In 2020, Estonia exported services to India worth $8M, with Travel ($4.68M), Computer and information services ($1.71M), and Transportation ($1.14M) being the largest in terms of value.

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $135M to Estonia. The main products exported from India to Estonia were Refined Petroleum ($40.4M), Activated Carbon ($6.3M), and Other Small Iron Pipes ($4.04M). During the last 5 years the exports of India to Estonia have increased at an annualized rate of 5.21%, from $105M in 2017 to $135M in 2022.

In 2017, Estonia exported $147M to India. The main products exported from Estonia to India were Coal Tar Oil ($39.3M), Semi chemical Woodpulp ($37.5M), and Shaped Wood ($8.97M). During the last 5 years the exports of Estonia to India have increased at an annualized rate of 11.5%, from $84.9M in 2022 to $147M in 2017.

Exports from India (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from India than Estonia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Estonia than India included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

Difference in imports from Estonia (Flag) and India (Flag) (2022)

Comparative Advantage India - Estonia

Flow
Scale

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

During 2022, India had a large net trade with Estonia in the exports of Mineral Products ($40.9M), Metals ($19.3M), and Machines ($15.5M).

During 2017, Estonia had a large net trade with India in the exports of Mineral Products ($47.2M), Paper Goods ($37.8M), and Machines ($18M).

Bilateral Service Trade

In 2020, Estonia exported services to India worth $8M, with Travel ($4.68M), Computer and information services ($1.71M), and Transportation ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to India (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Estonia (Flag) (2022)

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