Estonia (EST) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Estonia-Vietnam Trade: In 2022, Estonia exported $17.4M to Vietnam. The main products that Estonia exported to Vietnam were Sawn Wood ($2.78M), Excavation Machinery ($2.07M), and Unsaturated Acyclic Monocarboxylic Acids ($1.61M). Over the past 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 18.5%, from $7.44M in 2017 to $17.4M in 2022.

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

Vietnam-Estonia Trade: In 2022, Vietnam exported $101M to Estonia. The main products that Vietnam exported to Estonia were Broadcasting Equipment ($11.8M), Fish Fillets ($5.49M), and Leather Footwear ($5.19M). Over the past 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 17.8%, from $44.7M in 2017 to $101M in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $17.4M to Vietnam. The main products exported from Estonia to Vietnam were Sawn Wood ($2.78M), Excavation Machinery ($2.07M), and Unsaturated Acyclic Monocarboxylic Acids ($1.61M). During the last 5 years the exports of Estonia to Vietnam have increased at an annualized rate of 18.5%, from $7.44M in 2017 to $17.4M in 2022.

In 2017, Vietnam exported $101M to Estonia. The main products exported from Vietnam to Estonia were Broadcasting Equipment ($11.8M), Fish Fillets ($5.49M), and Leather Footwear ($5.19M). During the last 5 years the exports of Vietnam to Estonia have increased at an annualized rate of 17.8%, from $44.7M in 2022 to $101M in 2017.

Exports from Estonia () to Vietnam () (2022)

Exports from Vietnam () to Estonia () (2022)

Latest Data

Trade between Estonia () and Vietnam ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Vietnam
Top DestinationUnited States$117B

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

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

In 2022, countries that imported more from Vietnam than Estonia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam () and Estonia () (2022)

Comparative Advantage Estonia - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Vietnam in the exports of Machines ($7.22M), Wood Products ($4.68M), and Chemical Products ($2.53M).

During 2017, Vietnam had a large net trade with Estonia in the exports of Machines ($32.5M), Textiles ($15.6M), and Footwear and Headwear ($13.5M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Vietnam () (2022)

Exports from Vietnam () to Estonia () (2022)

Latest Data

Trade between Estonia () and Vietnam ()

Estonia Exports

Market Competitiveness

Difference in imports from Vietnam () and Estonia () (2022)

Comparative Advantage Estonia - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Estonia () and Vietnam () (2022)

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