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Exports In 2022, Estonia exported $2.16M in Iron Wire, making it the 71st largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 527th most exported product in Estonia. The main destination of Iron Wire exports from Estonia are: Latvia ($911k), Finland ($480k), Lithuania ($337k), Russia ($317k), and Sweden ($51.4k).

The fastest growing export markets for Iron Wire of Estonia between 2021 and 2022 were Russia ($290k), Latvia ($137k), and Lithuania ($35.8k).

Imports In 2022, Estonia imported $30.3M in Iron Wire, becoming the 63rd largest importer of Iron Wire in the world. At the same year, Iron Wire was the 183rd most imported product in Estonia. Estonia imports Iron Wire primarily from: Russia ($14.2M), Belarus ($4.9M), Lithuania ($2.8M), Germany ($1.44M), and Sweden ($1.43M).

The fastest growing import markets in Iron Wire for Estonia between 2021 and 2022 were Russia ($9.42M), China ($602k), and Czechia ($403k).

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 Iron Wire. 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)$2.16M
IMPORTS (2022)$30.3M
NET TRADE (2022)-$28.1M

In 2022, Estonia exported $2.16M in Iron Wire. The main destinations of Estonia exports on Iron Wire were Latvia ($911k), Finland ($480k), Lithuania ($337k), Russia ($317k), and Sweden ($51.4k).

In 2022, Estonia imported $30.3M in Iron Wire, mainly from Russia ($14.2M), Belarus ($4.9M), Lithuania ($2.8M), Germany ($1.44M), and Sweden ($1.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Russia$290k (1.11k%)
Latvia$137k (17.7%)
Lithuania$35.8k (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Estonia WERE (2021 - 2022):
Finland-$263k (-35.3%)
Kazakhstan-$65.9k (-100%)
Uruguay-$55.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Iron Wire were:
In 2022, Estonia's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

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

See methodology.

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