Estònia: Visió econòmica i política
Estonia is considered one of the most liberal countries in the world and is very open to trade, which represents 155% of GDP (World Bank, latest edition). In 2023, the country's primary exports included cars (EUR 895 million), communication equipment (EUR 883 million), electricity (EUR 433 million), prefabricated buildings, whether complete or assembled (EUR 429 million), and refined petroleum products (EUR 418 million). Its main imports comprised cars (EUR 1.56 billion), refined petroleum products (EUR 961 million), electricity (EUR 741 million), communication equipment (EUR 713 million), and packaged medicaments (EUR 596 million - data Statistics Estonia).
Over the same period, the leading export destinations for Estonia were Finland (EUR 3.07 billion), Latvia (EUR 2.16 billion), Sweden (EUR 1.7 billion), Lithuania (EUR 1.49 billion), and Germany (EUR 1.2 billion). The top countries of origin for imports were Finland (EUR 3.29 billion), Germany (EUR 2.47 billion), Latvia (EUR 2.32 billion), Lithuania (EUR 2.18 billion), and Sweden (EUR 1.63 billion - data Statistics Estonia). Overall, Estonia's main trading partners in 2023 were the member states of the European Union, accounting for 74% of exports and 86% of imports.
Estonia's merchandise trade balance is structurally negative. According to figures from the WTO, in 2023, the country exported goods worth USD 19.6 billion (-12.1% y-o-y), while imports totalled USD 22.9 billion (-12.7%). In terms of services, Estonia is a net exporter: in 2023, exports reached USD 12.4 billion against USD 9.6 billion in imports. According to Statistics Estonia, in 2024, exports of goods totalled EUR 17.4 billion, while imports reached EUR 20.7 billion at current prices. The trade deficit was EUR 3.3 billion, which is EUR 275 million higher than in 2023.
| Foreign Trade Values | 2020 | 2021 | 2022 | 2023 | 2024 |
| Imports of Goods (million USD) | 17,324 | 23,613 | 26,763 | 22,856 | 22,350 |
| Exports of Goods (million USD) | 16,340 | 21,560 | 22,859 | 19,633 | 18,838 |
| Imports of Services (million USD) | 6,346 | 9,008 | 9,069 | 9,815 | 10,306 |
| Exports of Services (million USD) | 6,467 | 10,114 | 11,547 | 12,620 | 13,447 |
Source: World Trade Organisation (WTO) ; Latest available data
| Foreign Trade Indicators | 2020 | 2021 | 2022 | 2023 | 2024 |
| Foreign Trade (in % of GDP) | 137.4 | 160.5 | 175.7 | 154.6 | 151.0 |
| Trade Balance (million USD) | -477 | -1,613 | -2,961 | -2,465 | -3,072 |
| Trade Balance (Including Service) (million USD) | -416 | -529 | -476 | 351 | 130 |
| Imports of Goods and Services (Annual % Change) | 0.8 | 23.5 | 5.1 | -7.3 | 0.4 |
| Exports of Goods and Services (Annual % Change) | -4.1 | 23.6 | 5.5 | -9.1 | -1.5 |
| Imports of Goods and Services (in % of GDP) | 69.2 | 80.9 | 88.3 | 76.8 | 75.4 |
| Exports of Goods and Services (in % of GDP) | 68.2 | 79.6 | 87.4 | 77.8 | 75.7 |
Source: World Bank ; Latest available data
| Foreign Trade Forecasts | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | 2029 (e) |
|---|---|---|---|---|---|
| Volume of exports of goods and services (Annual % change) | 0.7 | 1.6 | 2.0 | 2.3 | 2.1 |
| Volume of imports of goods and services (Annual % change) | 1.0 | 1.4 | 1.4 | 1.6 | 1.9 |
Source: IMF, World Economic Outlook ; Latest available data
Note: (e) Estimated Data
| Main Customers (% of Exports) |
2024 |
| Finland | 15.2% |
| Latvia | 10.7% |
| Sweden | 8.5% |
| Lithuania | 7.8% |
| Germany | 7.0% |
| Russia | 5.2% |
| United States | 4.0% |
| Netherlands | 3.7% |
| Poland | 3.5% |
| Norway | 3.1% |
| Denmark | 2.7% |
| United Kingdom | 2.3% |
| France | 2.0% |
| Ukraine | 1.5% |
| Belgium | 1.4% |
| Italy | 1.4% |
| China | 1.3% |
| Singapore | 1.1% |
| Spain | 1.1% |
| Switzerland | 1.0% |
| See More Countries | 50.7% |
| Main Suppliers (% of Imports) |
2024 |
| Germany | 11.3% |
| China | 10.2% |
| Finland | 8.3% |
| Lithuania | 6.4% |
| Poland | 6.3% |
| Sweden | 4.7% |
| Latvia | 4.5% |
| United States | 3.8% |
| Italy | 3.1% |
| France | 2.9% |
| Netherlands | 2.8% |
| Czech Republic | 2.1% |
| Spain | 1.9% |
| Japan | 1.9% |
| Belgium | 1.6% |
| Indonesia | 1.6% |
| Türkiye | 1.6% |
| Denmark | 1.5% |
| Norway | 1.5% |
| Switzerland | 1.4% |
| See More Countries | 57.5% |
Source: Comtrade, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
Source: Comtrade, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
To go further, check out our service Import-Export Flows.
| 12.7 bn USD of services exported in 2024 | |
| 30.72% | |
| Miscellaneous business,...Miscellaneous business, professional, and technical services | 29.63% |
| Research and developmentResearch and development | 1.09% |
| 27.38% | |
| 22.30% | |
| 12.87% | |
| 2.88% | |
| 1.39% | |
| 0.99% | |
| 0.77% | |
| 0.55% | |
| 0.15% | |
| 10.0 bn USD of services imported in 2024 | |
| 31.68% | |
| Miscellaneous business,...Miscellaneous business, professional, and technical services | 31.35% |
| Research and developmentResearch and development | 0.33% |
| 27.42% | |
| 20.34% | |
| 14.96% | |
| 1.28% | |
| 1.24% | |
| 1.12% | |
| 0.95% | |
| 0.62% | |
| 0.39% | |
Source: United Nations Statistics Division, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
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Actualitzacions: March 2026
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