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Estonia is the 76th largest export economy in the world and the 26th most complex economy according to the Economic Complexity Index (ECI). In 2017, Estonia exported $14.7B and imported $17.1B, resulting in a negative trade balance of $2.38B. In 2017 the GDP of Estonia was $25.9B and its GDP per capita was $31.7k.

The top exports of Estonia are Broadcasting Equipment ($1.25B), Refined Petroleum ($607M), Cars ($508M), Prefabricated Buildings ($358M) and Sawn Wood ($331M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.35B), Cars ($1.02B), Passenger and Cargo Ships ($385M), Integrated Circuits ($374M) and Broadcasting Equipment ($342M).

The top export destinations of Estonia are Finland ($1.81B), Sweden ($1.69B), Russia ($1.46B), Latvia ($1.16B) and Lithuania ($977M). The top import origins are Germany ($1.74B), Finland ($1.74B), Russia ($1.66B), China ($1.46B) and Lithuania ($999M).

Estonia borders Latvia and Russia by land and Finland and Sweden by sea.

Economic Complexity of Estonia

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