2022
Exports
$4.22MWorld Rnk 69 / 126
Flag Rnk 424 / 1195
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$14.4MWorld Rnk 99 / 210
Flag Rnk 318 / 1201

About

Exports In 2022, Estonia exported $4.22M in Hot-Rolled Iron Bars, making it the 69th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 424th most exported product in Estonia. The main destination of Hot-Rolled Iron Bars exports from Estonia are: Finland ($3.34M), Poland ($360k), Sweden ($223k), Lithuania ($164k), and Latvia ($111k).

The fastest growing export markets for Hot-Rolled Iron Bars of Estonia between 2021 and 2022 were Finland ($1.79M), Lithuania ($164k), and Sweden ($59k).

Imports In 2022, Estonia imported $14.4M in Hot-Rolled Iron Bars, becoming the 99th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 318th most imported product in Estonia. Estonia imports Hot-Rolled Iron Bars primarily from: Algeria ($4.4M), Portugal ($2.7M), Turkey ($2.01M), Lithuania ($1.31M), and Spain ($1.2M).

The fastest growing import markets in Hot-Rolled Iron Bars for Estonia between 2021 and 2022 were Algeria ($4.4M), Turkey ($2.01M), and Belarus ($761k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hot-Rolled Iron Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.22M
IMPORTS (2022)$14.4M
NET TRADE (2022)-$10.2M

In 2022, Estonia exported $4.22M in Hot-Rolled Iron Bars. The main destinations of Estonia exports on Hot-Rolled Iron Bars were Finland ($3.34M), Poland ($360k), Sweden ($223k), Lithuania ($164k), and Latvia ($111k).

In 2022, Estonia imported $14.4M in Hot-Rolled Iron Bars, mainly from Algeria ($4.4M), Portugal ($2.7M), Turkey ($2.01M), Lithuania ($1.31M), and Spain ($1.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Finland$1.79M (116%)
Lithuania$164k (1%)
Sweden$59k (35.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Estonia WERE (2021 - 2022):
Poland-$718k (-66.6%)
Canada-$92k (-100%)
Denmark-$6.41k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Estonia's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

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Hot-Rolled Iron Bars’s highest export potential is N/A. With an export gap of N/A.   Hot-Rolled Iron Bars’s highest import potential is N/A with an import gap of N/A.

See methodology.

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