2022
Exports
$6.13MWorld Rnk 46 / 159
Flag Rnk 364 / 1195
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$7.42MWorld Rnk 73 / 209
Flag Rnk 449 / 1201

About

Exports In 2022, Estonia exported $6.13M in Electric Furnaces, making it the 46th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 364th most exported product in Estonia. The main destination of Electric Furnaces exports from Estonia are: Sweden ($2.51M), Uzbekistan ($1.13M), Russia ($800k), Norway ($571k), and Lithuania ($278k).

The fastest growing export markets for Electric Furnaces of Estonia between 2021 and 2022 were Norway ($528k), Uzbekistan ($332k), and Russia ($301k).

Imports In 2022, Estonia imported $7.42M in Electric Furnaces, becoming the 73rd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 449th most imported product in Estonia. Estonia imports Electric Furnaces primarily from: Germany ($2M), Sweden ($1.62M), Italy ($1.24M), China ($432k), and United States ($284k).

The fastest growing import markets in Electric Furnaces for Estonia between 2021 and 2022 were Sweden ($557k), Italy ($459k), and United States ($261k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.13M
IMPORTS (2022)$7.42M
NET TRADE (2022)-$1.29M

In 2022, Estonia exported $6.13M in Electric Furnaces. The main destinations of Estonia exports on Electric Furnaces were Sweden ($2.51M), Uzbekistan ($1.13M), Russia ($800k), Norway ($571k), and Lithuania ($278k).

In 2022, Estonia imported $7.42M in Electric Furnaces, mainly from Germany ($2M), Sweden ($1.62M), Italy ($1.24M), China ($432k), and United States ($284k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Norway$528k (1.21k%)
Uzbekistan$332k (41.5%)
Russia$301k (60.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Estonia WERE (2021 - 2022):
Belarus-$383k (-100%)
Sweden-$290k (-10.3%)
Denmark-$178k (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Estonia's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

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Electric Furnaces’s highest export potential is N/A. With an export gap of N/A.   Electric Furnaces’s highest import potential is N/A with an import gap of N/A.

See methodology.

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