China
210M €
Exports
2022
2004 January2023 July
954M €
Imports
2022
2004 January2023 July
China is the 19th largest export partner of Estonia. In 2022, Estonia's exports to China amounted to €210M and imports from China to €954M, resulting in negative trade balance of €744M.
Exports
2022
In 2022, Estonia's exports to China amounted to €210M, making it the 19th largest export partner in the world. Compared to the previous year, exports from Estonia to China experienced growth at an annualized rate of 8.19%, from €194M in 2021 to €210M in 2022. Most recently, exports were led by communication equipment, which represent 16.3% of the total exports to China, followed by peat, which account for 15.7%.
Imports
2022
In 2022, Estonia's imports from China ammounted to €954M, 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 34.1%, from €712M in 2021 to €954M in 2022. Most recently, imports were led by communication equipment, which represent 10.8% of the total imports from China, followed by hand-held power tools, which account for 10.8%.
Trade Balance
As of 2023 July, Estonia had negative trade balance of €36.7M with China. In 2022 July, it had negative trade balance of €63.3M.
