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Exports In 2022, Estonia exported $803k in Iron Ingots, making it the 49th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 697th most exported product in Estonia. The main destination of Iron Ingots exports from Estonia are: Finland ($462k), Latvia ($259k), Netherlands ($71.2k), and Romania ($10.9k).

The fastest growing export markets for Iron Ingots of Estonia between 2021 and 2022 were Finland ($260k), Latvia ($162k), and Netherlands ($55.7k).

Imports In 2022, Estonia imported $263k in Iron Ingots, becoming the 79th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 988th most imported product in Estonia. Estonia imports Iron Ingots primarily from: Finland ($228k), Poland ($32.5k), Netherlands ($2.11k), India ($310), and United States ($173).

The fastest growing import markets in Iron Ingots for Estonia between 2021 and 2022 were Finland ($67.3k), Poland ($6.64k), and Netherlands ($1.61k).

Latest Trends

Jul 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 Iron Ingots. 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)$803k
IMPORTS (2022)$263k
NET TRADE (2022)$540k

In 2022, Estonia exported $803k in Iron Ingots. The main destinations of Estonia exports on Iron Ingots were Finland ($462k), Latvia ($259k), Netherlands ($71.2k), and Romania ($10.9k).

In 2022, Estonia imported $263k in Iron Ingots, mainly from Finland ($228k), Poland ($32.5k), Netherlands ($2.11k), India ($310), and United States ($173).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Finland$260k (129%)
Latvia$162k (166%)
Netherlands$55.7k (359%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Estonia WERE (2021 - 2022):
Romania-$168k (-93.9%)
Sweden-$19.2k (-100%)
Norway-$1.67k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Estonia's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

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

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