Germany
903M €
Exports
2018
2004 January2019 June
1.69B €
Imports
2018
2004 January2019 June
Germany is the 5th largest export partner of Estonia. In 2018, Estonia exported to Germany €903M and imported from Germany €1.69B, resulting in a negative trade balance of €788M.
Exports
2018
In 2018, Estonia exported to Germany €903M, making it the 5th largest partner in the world. Compared to the previous year, the exports from Estonia to Germany have decline at an annualized rate of 3.44%, from €935M in 2017 to €903M in 2018. The most recent exports are led by communication equipment which represent 17.1% of the total exports to Germany, followed by prefabricated buildings, whether or not complete o..., which account for 6.06%.
Imports
2018
In 2018 Estonia imported from Germany €1.69B, making it the 2nd largest partner in the world. Compared to the previous year, the imports of Germany to Estonia have growth at an annualized rate of 5.9%, from €1.6B in 2017 to €1.69B in 2018. The most recent imports are led by cars which represent 9.78% of the total imports from Germany, followed by communication equipment, which account for 9.78%.
Trade Balance
As of 2019 June Estonia had a negative trade balance with respect to Germany of €58.5M in net exports. As compared to their trade balance in 2018 June when they had a negative trade balance of €60M in net exports.
