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2022
Flag → Flag
Exports $723MRnk 73 / 221
2022
Flag → Flag
Top Product $24.9MWine
2022
Flag → Flag
Exports $292MRnk 15 / 188
2022
Flag → Flag
Top Product $37.4MBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Italy-Estonia Trade: In 2022, Italy exported $723M to Estonia. The main products that Italy exported to Estonia were Wine ($24.9M), Other Small Iron Pipes ($23.8M), and Cars ($23.3M). Over the past 5 years the exports of Italy to Estonia have increased at an annualized rate of 7.33%, from $507M in 2017 to $723M in 2022.

In 2020, Italy exported services to Estonia worth $50.5M, with Travel ($22M), Transportation ($8.79M), and Communications services ($8M) being the largest in terms of value.

Estonia-Italy Trade: In 2022, Estonia exported $292M to Italy. The main products that Estonia exported to Italy were Broadcasting Equipment ($37.4M), Cheese ($20.2M), and Excavation Machinery ($15.8M). Over the past 5 years the exports of Estonia to Italy have increased at an annualized rate of 11.3%,  from $171M in 2017 to $292M in 2022.

In 2020, Estonia exported services to Italy worth $37.2M, with Other business services ($13.6M), Computer and information services ($7.65M), and Transportation ($7.2M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Italy exported €1.51M and imported €11.6M from Estonia, resulting in a negative trade balance of €10.1M. Between August 2023 and August 2024 the exports of Italy have decreased by €-8.71M (-85.2%) from €10.2M to €1.51M, while imports increased by €2.82M (32.2%) from €8.76M to €11.6M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-8.71M(-85.2%)
IMPORT GROWTH (August 2023 - August 2024)€2.82M(32.2%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Estonia and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Estonia and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $723M to Estonia. The main products exported from Italy to Estonia were Wine ($24.9M), Other Small Iron Pipes ($23.8M), and Cars ($23.3M). During the last 5 years the exports of Italy to Estonia have increased at an annualized rate of 7.33%, from $507M in 2017 to $723M in 2022.

In 2017, Estonia exported $292M to Italy. The main products exported from Estonia to Italy were Broadcasting Equipment ($37.4M), Cheese ($20.2M), and Excavation Machinery ($15.8M). During the last 5 years the exports of Estonia to Italy have increased at an annualized rate of 11.3%, from $171M in 2022 to $292M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Italy than Estonia included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Estonia than Italy included Latvia ($2.77B), Finland ($3B), and Nicaragua ($58.6M).

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

Comparative Advantage Italy - Estonia

Flow
Scale

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

During 2022, Italy had a large net trade with Estonia in the exports of Machines ($203M), Metals ($83.2M), and Plastics and Rubbers ($69.9M).

During 2017, Estonia had a large net trade with Italy in the exports of Machines ($107M), Wood Products ($39.7M), and Paper Goods ($29.2M).

Bilateral Service Trade

In 2020, Italy exported services to Estonia worth $50.5M, with Travel ($22M), Transportation ($8.79M), and Communications services ($8M) being the largest in terms of value.

In 2020, Estonia exported services to Italy worth $37.2M, with Other business services ($13.6M), Computer and information services ($7.65M), and Transportation ($7.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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