2023
Exports
$2.92MWorld Rnk 32 / 158
Flag Rnk 465 / 1198
2023
PRODUCT COMPLEXITY IN Metalworking Machines
1.85Rnk 8 / 1025
2023
Imports
$1.9MWorld Rnk 80 / 213
Flag Rnk 681 / 1207

About

Exports In 2023, Estonia exported $2.92M in Metalworking Machines, making it the 32nd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 465th most exported product in Estonia. The main destination of Metalworking Machines exports from Estonia are: Russia ($2M), Lithuania ($469k), Latvia ($164k), Kazakhstan ($149k), and United Arab Emirates ($69.1k).

The fastest growing export markets for Metalworking Machines of Estonia between 2022 and 2023 were Russia ($393k), Lithuania ($181k), and United Arab Emirates ($69.1k).

Imports In 2023, Estonia imported $1.9M in Metalworking Machines, becoming the 80th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 681st most imported product in Estonia. Estonia imports Metalworking Machines primarily from: Italy ($815k), Czechia ($467k), China ($113k), Chinese Taipei ($111k), and Sweden ($82.8k).

The fastest growing import markets in Metalworking Machines for Estonia between 2022 and 2023 were Italy ($435k), Czechia ($53.9k), and Finland ($44.2k).

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 Metalworking Machines. 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)$2.92M
IMPORTS (2023)$1.9M
NET TRADE (2023)$1.02M

In 2023, Estonia exported $2.92M in Metalworking Machines. The main destinations of Estonia exports on Metalworking Machines were Russia ($2M), Lithuania ($469k), Latvia ($164k), Kazakhstan ($149k), and United Arab Emirates ($69.1k).

In 2023, Estonia imported $1.9M in Metalworking Machines, mainly from Italy ($815k), Czechia ($467k), China ($113k), Chinese Taipei ($111k), and Sweden ($82.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Estonia WERE (2022 - 2023):
Russia$393k (24.4%)
Lithuania$181k (62.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Estonia WERE (2022 - 2023):
Germany-$586k (-100%)
Armenia-$178k (-100%)
Norway-$114k (-90.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Estonia's main exporting competitors in Metalworking Machines were:
In 2023, Estonia's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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