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Estonia is the 75th largest export economy in the world. In 2016, Estonia exported $14.1B and imported $15.2B, resulting in a negative trade balance of $1.11B. In 2016 the GDP of Estonia was $23.3B and its GDP per capita was $29.7k.

The top exports of Estonia are Telephones ($2.38B), Refined Petroleum ($533M), Cars ($451M), Prefabricated Buildings ($309M) and Sawn Wood ($268M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.27B), Cars ($850M), Telephones ($726M), Integrated Circuits ($376M) and Packaged Medicaments ($327M).

The top export destinations of Estonia are Sweden ($2.09B), Finland ($1.65B), Russia ($1.28B), Latvia ($961M) and the United States ($931M). The top import origins are Germany ($1.55B), Russia ($1.52B), Finland ($1.36B), China ($1.28B) and Lithuania ($929M).

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

Economic Complexity of Estonia

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