2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Australia-Estonia Trade: In 2022, Australia exported $11.7M to Estonia. The main products that Australia exported to Estonia were Wine ($1.58M), Flavored Water ($1.4M), and Audio Alarms ($1.34M). Over the past 5 years the exports of Australia to Estonia have increased at an annualized rate of 3.94%, from $9.63M in 2017 to $11.7M in 2022.

In 2022, Australia did not export any services to Estonia.

Estonia-Australia Trade: In 2022, Estonia exported $152M to Australia. The main products that Estonia exported to Australia were Sawn Wood ($57.4M), Nitrogenous Fertilizers ($32.9M), and Wood Carpentry ($7.36M). Over the past 5 years the exports of Estonia to Australia have increased at an annualized rate of 19.3%,  from $62.9M in 2017 to $152M in 2022.

In 2020, Estonia exported services to Australia worth $15.3M, with Computer and information services ($9.82M), Other business services ($3.43M), and Travel ($1.37M) being the largest in terms of value.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $11.7M to Estonia. The main products exported from Australia to Estonia were Wine ($1.58M), Flavored Water ($1.4M), and Audio Alarms ($1.34M). During the last 5 years the exports of Australia to Estonia have increased at an annualized rate of 3.94%, from $9.63M in 2017 to $11.7M in 2022.

In 2017, Estonia exported $152M to Australia. The main products exported from Estonia to Australia were Sawn Wood ($57.4M), Nitrogenous Fertilizers ($32.9M), and Wood Carpentry ($7.36M). During the last 5 years the exports of Estonia to Australia have increased at an annualized rate of 19.3%, from $62.9M in 2022 to $152M in 2017.

Exports from Australia (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Estonia (Flag)

Australia Exports

Estonia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Estonia
Top Destination
Finland$3B

This map shows whether countries import more from Australia or Estonia. Each country is colored based on the difference in imports they receive from Australia and Estonia or the difference in the growth in imports.

In 2022, countries that imported more from Australia than Estonia included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Estonia than Australia included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

Difference in imports from Estonia (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Estonia

Flow
Scale

This chart compares trade between Australia and Estonia by product, considering products traded by both, Australia and Estonia.

During 2022, Australia had a large net trade with Estonia in the exports of Foodstuffs ($3.13M), Machines ($2.87M), and Chemical Products ($2.82M).

During 2017, Estonia had a large net trade with Australia in the exports of Wood Products ($66.8M), Chemical Products ($34.8M), and Machines ($20.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Estonia+N/AN/A
Top Product Potential Estonia Australia+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Estonia exported services to Australia worth $15.3M, with Computer and information services ($9.82M), Other business services ($3.43M), and Travel ($1.37M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to Australia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Estonia. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Estonia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with