United States-Estonia Trade: In 2023, United States exported $663M to Estonia. The main products that United States exported to Estonia were Petroleum Gas ($179M), Refined Petroleum ($45.8M), and Gas Turbines ($28.1M). Over the past 5 years the exports of United States to Estonia have increased at an annualized rate of 14.1%, from $343M in 2018 to $663M in 2023.
In 2017, United States exported services to Estonia worth $162M, with Travel ($69M), Financial services ($20M), and Royalties and license fees ($20M) being the largest in terms of value.
Estonia-United States Trade: In 2023, Estonia exported $776M to United States. The main products that Estonia exported to United States were Broadcasting Equipment ($121M), Other Measuring Instruments ($73.6M), and Chemical Analysis Instruments ($39.8M). Over the past 5 years the exports of Estonia to United States have decreased at an annualized rate of 6.21%, from $1.07B in 2018 to $776M in 2023.
In 2020, Estonia exported services to United States worth $251M, with Computer and information services ($108M), Other business services ($82.8M), and Transportation ($31.5M) being the largest in terms of value.
Comparison In 2023, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.
Company data: In 2023, leading companies such as Konecranes (987), ABB Motors and Mechanical (21), and Continental Tire (12) were at the forefront of exporting goods from Estonia to the United States. Conversely, Konesko As (508), Yx-fintemec Ou (136), and Stera Technologies Oy (91) were notable for importing products to Estonia from the United States.