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2023
Flag → Flag
Exports $194MRnk 70 / 137
2023
Flag → Flag
Exports $1.18BRnk 5 / 192
2023
Flag → Flag
Top Product $375MPalm Oil
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
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 GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
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GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
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GDP PC$30,133CURRENT US$
Rnk 47 / 196
2013-2023
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GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195

About

Russia-Estonia Trade: In 2023, Russia exported $194M to Estonia. The main products that Russia exported to Estonia were N/A. Over the past 5 years the exports of Russia to Estonia have decreased at an annualized rate of 39%, from $2.3B in 2018 to $194M in 2023.

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.

Estonia-Russia Trade: In 2023, Estonia exported $1.18B to Russia. The main products that Estonia exported to Russia were Palm Oil ($375M), Other Edible Preparations ($52.2M), and Cocoa Butter ($46.3M). Over the past 5 years the exports of Estonia to Russia have decreased at an annualized rate of 2.94%,  from $1.37B in 2018 to $1.18B in 2023.

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.

Comparison In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3),  and 18 in total exports ($394B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $322M and imported $27.5M from Estonia, resulting in a positive trade balance of $295M. Between January 2021 and January 2022 the exports of Russia have increased by $57.9M (21.9%) from $264M to $322M, while imports increased by $2.43M (9.7%) from $25M to $27.5M.

Trade In January 2022, the top exports of Russia to Estonia were Refined Petroleum ($73.2M), Commodities not elsewhere specified ($69.7M), Potassic Fertilizers ($34.6M), Crude Petroleum ($19M), and Ammonia ($13.6M). In January 2022 the top imports of Russia from Estonia were Centrifuges ($2.69M), Papermaking Machines ($2.65M), Electrical Control Boards ($2.51M), Refrigerators ($2.15M), and Glaziers Putty ($1.33M).

Origins In January 2022 the exports of Russia were mainly from LENINGRAD REGION ($81.2M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($49.9M), ST. PETERSBURG ($34.9M), PERM TERRITORY ($34.3M), and KEMEROVO REGION ($26M), while imports destinations were mainly ST. PETERSBURG ($8.06M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($6.04M), MOSCOW REGION ($3.81M), IRKUTSK REGION ($1.91M), and REPUBLIC OF KARELIA ($1.5M).

Growth In January 2022, the increase in Russia's year-by-year exports to Estonia was explained primarily by an increase in product exports in Commodities not elsewhere specified ($69.7M or 198k%), Refined Petroleum ($43.2M or 144%), and Potassic Fertilizers ($29M or 515%). In January 2022, the increase in Russia's year-by-year imports  from Estonia was explained primarily by an increase in product imports  in Electrical Control Boards ($2.37M or 1.7k%), Refrigerators ($2.15M or 249k%), and Papermaking Machines ($1.88M or 246%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$57.9M(21.9%)
IMPORT GROWTH (January 2021 - January 2022)$2.43M(9.7%)
MAIN EXPORTER (January 2022)LENINGRAD REGION$81.2M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Estonia
Top DestinationFinland$2.71B

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

In 2023, countries that imported more from Russia than Estonia included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Estonia than Russia included Finland ($2.71B), Sweden ($1.45B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Russia (Flag) (2023)

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Estonia (Flag) (NaN)

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