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2023
Flag → Flag
Exports $140MRnk 73 / 142
2023
Flag → Flag
Top Product $32.5MBroadcasting Equipment
2023
Flag → Flag
Exports $13MRnk 66 / 192
2023
Flag → Flag
Top Product $2.56MBroadcasting Equipment
2023
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Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
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GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
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GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
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 GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
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GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
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GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 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

Vietnam-Estonia Trade: In 2023, Vietnam exported $140M to Estonia. The main products that Vietnam exported to Estonia were Broadcasting Equipment ($32.5M), Fuel Wood ($10.1M), and Fish Fillets ($6.46M). Over the past 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 12.3%, from $78.7M in 2018 to $140M in 2023.

In 2023, Vietnam did not export any services to Estonia.

Estonia-Vietnam Trade: In 2023, Estonia exported $13M to Vietnam. The main products that Estonia exported to Vietnam were Broadcasting Equipment ($2.56M), Sawn Wood ($2.09M), and Unsaturated Acyclic Monocarboxylic Acids ($1.49M). Over the past 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 5.61%,  from $9.91M in 2018 to $13M in 2023.

In 2023, Estonia did not export any services to Vietnam.

Comparison In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067),  and 15 in total exports ($424B). 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, Vietnam exported $140M to Estonia. The main products exported from Vietnam to Estonia were Broadcasting Equipment ($32.5M), Fuel Wood ($10.1M), and Fish Fillets ($6.46M). During the last 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 12.3%, from $78.7M in 2018 to $140M in 2023.

In 2018, Estonia exported $13M to Vietnam. The main products exported from Estonia to Vietnam were Broadcasting Equipment ($2.56M), Sawn Wood ($2.09M), and Unsaturated Acyclic Monocarboxylic Acids ($1.49M). During the last 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 5.61%, from $9.91M in 2023 to $13M in 2018.

Exports from Vietnam (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Vietnam (Flag) (2023)

Latest Data

Trade between Vietnam (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Estonia
Top DestinationFinland$2.71B

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

In 2023, countries that imported more from Vietnam than Estonia included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

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

Comparative Advantage Vietnam - Estonia

Flow
Scale

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

During 2023, Vietnam had a large net trade with Estonia in the exports of Machines ($55M), Textiles ($19.2M), and Footwear and Headwear ($15.9M).

During 2018, Estonia had a large net trade with Vietnam in the exports of Wood Products ($4M), Machines ($3.79M), and Paper Goods ($1.71M).

Economic Complexity

Competitive Landscape

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

Product Space of Vietnam (Flag) and Estonia (Flag) (2023)

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