2023
Exports
$101MWorld Rnk 48 / 219
Flag Rnk 44 / 1198
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$86.5MWorld Rnk 80 / 226
Flag Rnk 46 / 1207

About

Exports In 2023, Estonia exported $101M in Machinery Having Individual Functions, making it the 48th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 44th most exported product in Estonia. The main destination of Machinery Having Individual Functions exports from Estonia are: Finland ($22.5M), United States ($11.1M), Canada ($11M), Sweden ($5.26M), and United Kingdom ($4.99M).

The fastest growing export markets for Machinery Having Individual Functions of Estonia between 2022 and 2023 were Canada ($9.48M), Romania ($3.12M), and United Kingdom ($2.7M).

Imports In 2023, Estonia imported $86.5M in Machinery Having Individual Functions, becoming the 80th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 46th most imported product in Estonia. Estonia imports Machinery Having Individual Functions primarily from: Germany ($27.5M), Finland ($10.1M), Netherlands ($7.26M), China ($6.78M), and Poland ($3.76M).

The fastest growing import markets in Machinery Having Individual Functions for Estonia between 2022 and 2023 were Finland ($3.03M), Germany ($2.91M), and Thailand ($1.19M).

Latest Trends

Dec 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 Machinery Having Individual Functions. 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 (2023)$101M
IMPORTS (2023)$86.5M
NET TRADE (2023)$14.5M

In 2023, Estonia exported $101M in Machinery Having Individual Functions. The main destinations of Estonia exports on Machinery Having Individual Functions were Finland ($22.5M), United States ($11.1M), Canada ($11M), Sweden ($5.26M), and United Kingdom ($4.99M).

In 2023, Estonia imported $86.5M in Machinery Having Individual Functions, mainly from Germany ($27.5M), Finland ($10.1M), Netherlands ($7.26M), China ($6.78M), and Poland ($3.76M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Estonia WERE (2022 - 2023):
Canada$9.48M (646%)
Romania$3.12M (192%)
United Kingdom$2.7M (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Estonia WERE (2022 - 2023):
Russia-$17.6M (-88.2%)
Turkey-$9.26M (-92.9%)
Lithuania-$4.07M (-55.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Estonia's main exporting competitors in Machinery Having Individual Functions were:
In 2023, Estonia's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

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Machinery Having Individual Functions’s highest export potential is N/A. With an export gap of N/A.   Machinery Having Individual Functions’s highest import potential is N/A with an import gap of N/A.

See methodology.

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