2022
Exports
$4.3MWorld Rnk 49 / 182
Flag Rnk 416 / 1195
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$10.4MWorld Rnk 54 / 216
Flag Rnk 382 / 1201

About

Exports In 2022, Estonia exported $4.3M in Electromagnets, making it the 49th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 416th most exported product in Estonia. The main destination of Electromagnets exports from Estonia are: Finland ($2.01M), Russia ($638k), Singapore ($314k), Canada ($232k), and United States ($170k).

The fastest growing export markets for Electromagnets of Estonia between 2021 and 2022 were Canada ($165k), United Kingdom ($88.9k), and Singapore ($76.6k).

Imports In 2022, Estonia imported $10.4M in Electromagnets, becoming the 54th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 382nd most imported product in Estonia. Estonia imports Electromagnets primarily from: Germany ($4.03M), China ($2.28M), Finland ($1.06M), Italy ($513k), and Sweden ($337k).

The fastest growing import markets in Electromagnets for Estonia between 2021 and 2022 were China ($962k), Finland ($394k), and Italy ($363k).

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 Electromagnets. 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)$4.3M
IMPORTS (2022)$10.4M
NET TRADE (2022)-$6.12M

In 2022, Estonia exported $4.3M in Electromagnets. The main destinations of Estonia exports on Electromagnets were Finland ($2.01M), Russia ($638k), Singapore ($314k), Canada ($232k), and United States ($170k).

In 2022, Estonia imported $10.4M in Electromagnets, mainly from Germany ($4.03M), China ($2.28M), Finland ($1.06M), Italy ($513k), and Sweden ($337k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Canada$165k (246%)
United Kingdom$88.9k (222%)
Singapore$76.6k (32.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Estonia WERE (2021 - 2022):
China-$810k (-96.7%)
Russia-$615k (-49.1%)
Ukraine-$142k (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Estonia's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Electromagnets’s highest export potential is N/A. With an export gap of N/A.   Electromagnets’s highest import potential is N/A with an import gap of N/A.

See methodology.

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