2022
Exports
$113MWorld Rnk 48 / 216
Flag Rnk 43 / 1195
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$99.2MWorld Rnk 79 / 225
Flag Rnk 55 / 1201

About

Exports In 2022, Estonia exported $113M 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 43rd most exported product in Estonia. The main destination of Machinery Having Individual Functions exports from Estonia are: Finland ($21.2M), Russia ($20M), Sweden ($11.6M), United States ($9.17M), and Lithuania ($7.42M).

The fastest growing export markets for Machinery Having Individual Functions of Estonia between 2021 and 2022 were Turkey ($5.78M), Finland ($2.81M), and Norway ($2.2M).

Imports In 2022, Estonia imported $99.2M in Machinery Having Individual Functions, becoming the 79th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 55th most imported product in Estonia. Estonia imports Machinery Having Individual Functions primarily from: Germany ($27.9M), Finland ($10.4M), Netherlands ($9.52M), China ($7.02M), and Italy ($4.61M).

The fastest growing import markets in Machinery Having Individual Functions for Estonia between 2021 and 2022 were Finland ($4.92M), Netherlands ($2.34M), and Spain ($1.53M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (2) were at the forefront of shipping Machinery Having Individual Functions from Estonia to the United States.

Latest Trends

Sep 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 (2022)$113M
IMPORTS (2022)$99.2M
NET TRADE (2022)$14M

In 2022, Estonia exported $113M in Machinery Having Individual Functions. The main destinations of Estonia exports on Machinery Having Individual Functions were Finland ($21.2M), Russia ($20M), Sweden ($11.6M), United States ($9.17M), and Lithuania ($7.42M).

In 2022, Estonia imported $99.2M in Machinery Having Individual Functions, mainly from Germany ($27.9M), Finland ($10.4M), Netherlands ($9.52M), China ($7.02M), and Italy ($4.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Turkey$5.78M (1.34k%)
Finland$2.81M (15.3%)
Norway$2.2M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Estonia WERE (2021 - 2022):
Russia-$7.27M (-26.7%)
Latvia-$4.27M (-50.2%)
Lithuania-$3.69M (-33.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Machinery Having Individual Functions were:
In 2022, 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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