[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · EST · 2024
Estonia trade profile
In 2024, Estonia recorded $19.3B in merchandise exports and $23.3B in imports, producing a $4.0B trade deficit. Exports changed -1.9% from the previous year, while imports changed +1.3%.[1]
Exports
$19.3B
-1.9%
Imports
$23.3B
+1.3%
Trade balance
-$4.0B
deficit
Active partners
270
108 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$2.8B
HS 85 · Electrical machinery
262 active HS6 lines · 173 export partners
2$2.1B
HS 27 · Mineral fuels and oils
43 active HS6 lines · 130 export partners
3$2.0B
HS 44 · HS chapter
103 active HS6 lines · 121 export partners
4$1.6B
HS 84 · Machinery
515 active HS6 lines · 170 export partners
5$1.5B
HS 87 · Vehicles
87 active HS6 lines · 165 export partners
6$1.1B
HS 94 · HS chapter
42 active HS6 lines · 121 export partners
7$750.0M
HS 90 · HS chapter
142 active HS6 lines · 161 export partners
8$704.5M
HS 73 · HS chapter
124 active HS6 lines · 145 export partners
Leading export markets
Destinations rank bilateral export flows from Estonia; growth describes each corridor rather than the whole economy.
1$2.8B
Finland
Annual change -6.5% · 3-year CAGR -2.0%
2$2.2B
Latvia
Annual change -3.9% · 3-year CAGR 0.5%
3$1.6B
Sweden
Annual change -4.7% · 3-year CAGR -3.5%
4$1.5B
Lithuania
Annual change -12.8% · 3-year CAGR 3.8%
5$1.1B
Russia
Annual change +15.7% · 3-year CAGR 15.8%
6$1.0B
Germany
Annual change -9.6% · 3-year CAGR -1.6%
7$1.0B
Netherlands
Annual change +14.6% · 3-year CAGR -5.5%
8$930.8M
United States
Annual change +40.4% · 3-year CAGR -21.5%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.