China
195M €
Exports
2021
2004 January2022 June
712M €
Imports
2021
2004 January2022 June
China is the 17th largest export partner of Estonia. In 2021, Estonia's exports to China amounted to €195M and imports from China to €712M, resulting in negative trade balance of €518M.
Exports
2021
In 2021, Estonia's exports to China amounted to €195M, making it the 17th largest export partner in the world. Compared to the previous year, exports from Estonia to China experienced decline at an annualized rate of 20.3%, from €244M in 2020 to €195M in 2021. Most recently, exports were led by communication equipment, which represent 18% of the total exports to China, followed by peat, which account for 8.9%.
Imports
2021
In 2021, Estonia's imports from China ammounted to €712M, making it the 9th largest import partner in the world. Compared to the previous year, imports from China to Estonia experienced growth at an annualized rate of 10.1%, from €647M in 2020 to €712M in 2021. Most recently, imports were led by communication equipment, which represent 14.2% of the total imports from China, followed by hand-held power tools, which account for 14.2%.
Trade Balance
As of 2022 June, Estonia had negative trade balance of €47.5M with China. In 2021 June, it had negative trade balance of €36.1M.
