2022
Exports
$3.72BWorld Rnk 74 / 216
Flag Rnk 1 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$4.54BWorld Rnk 80 / 225
Flag Rnk 1 / 96

About

Exports In 2022, Estonia exported $3.72B in Mineral fuels, mineral oils and products of their distillation, making it the 74th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Estonia. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Estonia are: Latvia ($1.25B), Netherlands ($271M), Finland ($227M), Nigeria ($154M), and Egypt ($153M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Estonia between 2021 and 2022 were Latvia ($782M), Nigeria ($154M), and Egypt ($152M).

Imports In 2022, Estonia imported $4.54B in Mineral fuels, mineral oils and products of their distillation, becoming the 80th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Estonia. Estonia imports Mineral fuels, mineral oils and products of their distillation primarily from: Russia ($1.3B), Finland ($1.21B), Lithuania ($883M), Latvia ($412M), and Sweden ($115M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Estonia between 2021 and 2022 were Lithuania ($477M), Finland ($370M), and Latvia ($297M).

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 Mineral fuels, mineral oils and products of their distillation. 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)$3.72B
IMPORTS (2022)$4.54B
NET TRADE (2022)-$826M

In 2022, Estonia exported $3.72B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Estonia exports on Mineral fuels, mineral oils and products of their distillation were Latvia ($1.25B), Netherlands ($271M), Finland ($227M), Nigeria ($154M), and Egypt ($153M).

In 2022, Estonia imported $4.54B in Mineral fuels, mineral oils and products of their distillation, mainly from Russia ($1.3B), Finland ($1.21B), Lithuania ($883M), Latvia ($412M), and Sweden ($115M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Latvia$782M (166%)
Nigeria$154M (473k%)
Egypt$152M (17.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Estonia WERE (2021 - 2022):
Netherlands-$340M (-55.7%)
United States-$257M (-80.1%)
United Kingdom-$205M (-72.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Estonia's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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N/A
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Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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