2022
Exports
$118MWorld Rnk 33 / 186
Flag Rnk 40 / 1195
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$33.6MWorld Rnk 60 / 219
Flag Rnk 169 / 1201

About

Exports In 2022, Estonia exported $118M in Electric Motor Parts, making it the 33rd largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 40th most exported product in Estonia. The main destination of Electric Motor Parts exports from Estonia are: Finland ($95.1M), Sweden ($4.35M), Poland ($3.83M), Spain ($3.64M), and Germany ($2.3M).

The fastest growing export markets for Electric Motor Parts of Estonia between 2021 and 2022 were Finland ($26.5M), Spain ($2.81M), and Poland ($1.25M).

Imports In 2022, Estonia imported $33.6M in Electric Motor Parts, becoming the 60th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 169th most imported product in Estonia. Estonia imports Electric Motor Parts primarily from: China ($9.6M), Finland ($9.51M), Poland ($3.25M), Germany ($2M), and Italy ($1.96M).

The fastest growing import markets in Electric Motor Parts for Estonia between 2021 and 2022 were Poland ($1.73M), Italy ($1.06M), and Germany ($463k).

COMPANIES In 2023, leading companies such as Konecranes (2) and ABB Motors and Mechanical (1) were at the forefront of shipping Electric Motor Parts from Estonia to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$118M
IMPORTS (2022)$33.6M
NET TRADE (2022)$84.8M

In 2022, Estonia exported $118M in Electric Motor Parts. The main destinations of Estonia exports on Electric Motor Parts were Finland ($95.1M), Sweden ($4.35M), Poland ($3.83M), Spain ($3.64M), and Germany ($2.3M).

In 2022, Estonia imported $33.6M in Electric Motor Parts, mainly from China ($9.6M), Finland ($9.51M), Poland ($3.25M), Germany ($2M), and Italy ($1.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Finland$26.5M (38.7%)
Spain$2.81M (339%)
Poland$1.25M (48.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Estonia WERE (2021 - 2022):
United States-$1.07M (-32.7%)
Sweden-$813k (-15.7%)
Italy-$764k (-28.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Estonia's main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, Estonia's main importing competitors in Electric Motor Parts were:

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Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

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

See methodology.

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