Germany

907M €
Exports
2019
2004 January2020 August
1.64B €
Imports
2019
2004 January2020 August

Infograafikud

Germany is the 5th largest export partner of Estonia. In 2019, Estonia's exports to Germany amounted to €907M and imports from Germany to €1.64B, resulting in negative trade balance of €730M.

Exports

2019

In 2019, Estonia's exports to Germany amounted to €907M, making it the 5th largest export partner in the world. Compared to the previous year, exports from Estonia to Germany experienced growth at an annualized rate of 0.309%, from €904M in 2018 to €907M in 2019. Most recently, exports were led by  communication equipment, which represent 14.4% of the total exports to Germany, followed by prefabricated buildings, whether or not complete o..., which account for 7.96%.

Imports

2019

In 2019, Estonia's imports from Germany ammounted to €1.64B, making it the 3rd largest import partner in the world. Compared to the previous year, imports from Germany to Estonia experienced decline at an annualized rate of 3.35%, from €1.69B in 2018 to €1.64B in 2019. Most recently, imports were led by cars, which represent 12% of the total imports from Germany, followed by tractors, which account for 12%.

Trade Balance

As of 2020 August, Estonia had negative trade balance of €73.1M with Germany. In 2019 August, it had negative trade balance of €51.2M.