China
254M €
Exports
2023
2004 January2024 July
743M €
Imports
2023
2004 January2024 July
China is the 17th largest export partner of Estonia. In 2023, Estonia's exports to China amounted to €254M and imports from China to €743M, resulting in negative trade balance of €489M.
Exports
2023
In 2023, Estonia's exports to China amounted to €254M, making it the 17th largest export partner in the world. Compared to the previous year, exports from Estonia to China experienced growth at an annualized rate of 21.3%, from €209M in 2022 to €254M in 2023. Most recently, exports were led by communication equipment, which represent 18.7% of the total exports to China, followed by peat, which account for 12.8%.
Imports
2023
In 2023, Estonia's imports from China ammounted to €743M, 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 22.2%, from €955M in 2022 to €743M in 2023. Most recently, imports were led by semiconductor devices, which represent 13.6% of the total imports from China, followed by communication equipment, which account for 13.6%.
Trade Balance
As of 2024 July, Estonia had negative trade balance of €38.7M with China. In 2023 July, it had negative trade balance of €37M.
