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Exports In 2022, Estonia exported $21.4M in Raw Iron Bars, making it the 72nd largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 187th most exported product in Estonia. The main destination of Raw Iron Bars exports from Estonia are: Finland ($13.7M), Latvia ($4.99M), Italy ($967k), Iceland ($806k), and Lithuania ($486k).

The fastest growing export markets for Raw Iron Bars of Estonia between 2021 and 2022 were Finland ($6.02M), Italy ($956k), and Iceland ($806k).

Imports In 2022, Estonia imported $107M in Raw Iron Bars, becoming the 57th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 45th most imported product in Estonia. Estonia imports Raw Iron Bars primarily from: Turkey ($29.4M), Russia ($15.3M), Spain ($14.3M), Poland ($11.9M), and Portugal ($11.2M).

The fastest growing import markets in Raw Iron Bars for Estonia between 2021 and 2022 were Turkey ($29.4M), Portugal ($7.21M), and Russia ($5.12M).

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 Raw Iron Bars. 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)$21.4M
IMPORTS (2022)$107M
NET TRADE (2022)-$85.1M

In 2022, Estonia exported $21.4M in Raw Iron Bars. The main destinations of Estonia exports on Raw Iron Bars were Finland ($13.7M), Latvia ($4.99M), Italy ($967k), Iceland ($806k), and Lithuania ($486k).

In 2022, Estonia imported $107M in Raw Iron Bars, mainly from Turkey ($29.4M), Russia ($15.3M), Spain ($14.3M), Poland ($11.9M), and Portugal ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Finland$6.02M (78.8%)
Italy$956k (8.6k%)
Iceland$806k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Estonia WERE (2021 - 2022):
Latvia-$852k (-14.6%)
Sweden-$190k (-43.5%)
Canada-$104k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Estonia's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

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

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