Germany

900M €
Exports
2020
2004 January2021 July
1.59B €
Imports
2020
2004 January2021 July

Infograafikud

Germany is the 5th largest export partner of Estonia. In 2020, Estonia's exports to Germany amounted to €900M and imports from Germany to €1.59B, resulting in negative trade balance of €693M.

Exports

2020

In 2020, Estonia's exports to Germany amounted to €900M, making it the 5th largest export partner in the world. Compared to the previous year, exports from Estonia to Germany experienced decline at an annualized rate of 0.708%, from €906M in 2019 to €900M in 2020. Most recently, exports were led by prefabricated buildings, whether or not complete o..., which represent 10.2% of the total exports to Germany, followed by  communication equipment, which account for 8.51%.

Imports

2020

In 2020, Estonia's imports from Germany ammounted to €1.59B, making it the 2nd largest import partner in the world. Compared to the previous year, imports from Germany to Estonia experienced decline at an annualized rate of 2.81%, from €1.64B in 2019 to €1.59B in 2020. Most recently, imports were led by cars, which represent 10.8% of the total imports from Germany, followed by coins, which account for 10.8%.

Trade Balance

As of 2021 July, Estonia had negative trade balance of €72.4M with Germany. In 2020 July, it had negative trade balance of €61.7M.