Vietnam (VNM) and Estonia (EST) Trade | The Observatory of Economic Complexity

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Vietnam-Estonia Trade: In 2022, Vietnam exported $101M to Estonia. The main products that Vietnam exported to Estonia were Broadcasting Equipment ($11.8M), Fish Fillets ($5.49M), and Leather Footwear ($5.19M). Over the past 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 17.8%, from $44.7M in 2017 to $101M in 2022.

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

Estonia-Vietnam Trade: In 2022, Estonia exported $17.4M to Vietnam. The main products that Estonia exported to Vietnam were Sawn Wood ($2.78M), Excavation Machinery ($2.07M), and Unsaturated Acyclic Monocarboxylic Acids ($1.61M). Over the past 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 18.5%, from $7.44M in 2017 to $17.4M in 2022.

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

Comparison In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vietnam exported $101M to Estonia. The main products exported from Vietnam to Estonia were Broadcasting Equipment ($11.8M), Fish Fillets ($5.49M), and Leather Footwear ($5.19M). During the last 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 17.8%, from $44.7M in 2017 to $101M in 2022.

In 2017, Estonia exported $17.4M to Vietnam. The main products exported from Estonia to Vietnam were Sawn Wood ($2.78M), Excavation Machinery ($2.07M), and Unsaturated Acyclic Monocarboxylic Acids ($1.61M). During the last 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 18.5%, from $7.44M in 2022 to $17.4M in 2017.

Exports from Vietnam () to Estonia () (2022)

Exports from Estonia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Estonia ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Estonia
Top DestinationFinland$3B

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 2022, countries that imported more from Vietnam than Estonia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Difference in imports from Estonia () and Vietnam () (2022)

Comparative Advantage Vietnam - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Estonia in the exports of Machines ($32.5M), Textiles ($15.6M), and Footwear and Headwear ($13.5M).

During 2017, Estonia had a large net trade with Vietnam in the exports of Machines ($7.22M), Wood Products ($4.68M), and Chemical Products ($2.53M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Estonia () (2022)

Exports from Estonia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Estonia ()

Estonia Exports

Market Competitiveness

Difference in imports from Estonia () and Vietnam () (2022)

Comparative Advantage Vietnam - Estonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Estonia () (2022)

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