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Estonia is the 57th largest export economy in the world and the 23rd most complex economy according to the Economic Complexity Index (ECI). In 2016, Estonia exported $13.9B and imported $14.9B, resulting in a negative trade balance of $999M. In 2016 the GDP of Estonia was $23.1B and its GDP per capita was $29.4k.

The top exports of Estonia are Telephones ($1.36B), Unspecified ($863M), Refined Petroleum ($722M), Prefabricated Buildings ($355M) and Cars ($344M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Unspecified ($1.45B), Refined Petroleum ($1.08B), Cars ($763M), Telephones ($723M) and Integrated Circuits ($355M).

The top export destinations of Estonia are Sweden ($2.35B), Finland ($2.11B), Russia ($1.31B), Latvia ($1.21B) and Lithuania ($787M). The top import origins are Russia ($2.04B), Germany ($1.84B), Finland ($1.64B), Latvia ($1.38B) and Lithuania ($1.33B).

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

Economic Complexity of Estonia

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