Switzerland
168M €
Exports
2024
2004 January2025 April
244M €
Imports
2024
2004 January2025 April
Switzerland is the 22nd largest export partner of Estonia. In 2024, Estonia's exports to Switzerland amounted to €168M and imports from Switzerland to €244M, resulting in negative trade balance of €76.1M.
Exports
2024
In 2024, Estonia's exports to Switzerland amounted to €168M, making it the 22nd largest export partner in the world. Compared to the previous year, exports from Estonia to Switzerland experienced growth at an annualized rate of 5.65%, from €159M in 2023 to €168M in 2024. Most recently, exports were led by oils and other products of coal tar, which represent 8.53% of the total exports to Switzerland, followed by packaged medicaments, which account for 8.39%.
Imports
2024
In 2024, Estonia's imports from Switzerland ammounted to €244M, making it the 16th largest import partner in the world. Compared to the previous year, imports from Switzerland to Estonia experienced growth at an annualized rate of 43.7%, from €170M in 2023 to €244M in 2024. Most recently, imports were led by gold, which represent 59.7% of the total imports from Switzerland, followed by human blood; animal blood prepared for therapeutic..., which account for 59.7%.
Trade Balance
As of 2025 April, Estonia had negative trade balance of €25.1M with Switzerland. In 2024 April, it had negative trade balance of €4.39M.
