China
China is the 16th largest export partner of Estonia. In 2024, Estonia's exports to China amounted to €244M and imports from China to €730M, resulting in negative trade balance of €487M.
Exports
2024
In 2024, Estonia's exports to China amounted to €244M, making it the 16th largest export partner in the world. Compared to the previous year, exports from Estonia to China experienced decline at an annualized rate of 3.44%, from €252M in 2023 to €244M in 2024. Most recently, exports were led by peat, which represent 21.9% of the total exports to China, followed by communication equipment, which account for 21%.
Imports
2024
In 2024, Estonia's imports from China ammounted to €730M, making it the 8th largest import partner in the world. Compared to the previous year, imports from China to Estonia experienced decline at an annualized rate of 1.67%, from €743M in 2023 to €730M in 2024. Most recently, imports were led by communication equipment, which represent 8.53% of the total imports from China, followed by semiconductor devices, which account for 8.53%.
Trade Balance
As of 2025 April, Estonia had negative trade balance of €52.4M with China. In 2024 April, it had negative trade balance of €44.8M.