Switzerland
255M €
Exports
2022
2004 January2023 July
245M €
Imports
2022
2004 January2023 July
Switzerland is the 16th largest export partner of Estonia. In 2022, Estonia's exports to Switzerland amounted to €255M and imports from Switzerland to €245M, resulting in positive trade balance of €10.3M.
Exports
2022
In 2022, Estonia's exports to Switzerland amounted to €255M, making it the 16th largest export partner in the world. Compared to the previous year, exports from Estonia to Switzerland experienced growth at an annualized rate of 34.7%, from €189M in 2021 to €255M in 2022. Most recently, exports were led by oils and other products of coal tar, which represent 48.7% of the total exports to Switzerland, followed by refined petroleum products, which account for 4.81%.
Imports
2022
In 2022, Estonia's imports from Switzerland ammounted to €245M, making it the 19th largest import partner in the world. Compared to the previous year, imports from Switzerland to Estonia experienced decline at an annualized rate of 1.99%, from €250M in 2021 to €245M in 2022. Most recently, imports were led by gold, which represent 61.7% of the total imports from Switzerland, followed by human blood; animal blood prepared for therapeutic..., which account for 61.7%.
Trade Balance
As of 2023 July, Estonia had negative trade balance of €3.08M with Switzerland. In 2022 July, it had positive trade balance of €13.4M.
