Germany

903M €
Exports
2018
2004 January2019 September
1.69B €
Imports
2018
2004 January2019 September

Infograafikud

Germany is the 5th largest export partner of Estonia. In 2018, Estonia's exports to Germany amounted to €903M and imports from Germany to €1.69B, resulting in negative trade balance of €788M.

Exports

2018

In 2018, Estonia's exports to Germany amounted to €903M, 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 3.44%, from €935M in 2017 to €903M in 2018. Most recently, exports were 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's imports from Germany ammounted to €1.69B, making it the 2nd largest import partner in the world. Compared to the previous year, imports from Germany to Estonia experienced growth at an annualized rate of 5.9%, from €1.6B in 2017 to €1.69B in 2018. Most recently, imports were 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 September, Estonia had negative trade balance of €74.8M with Germany. In 2018 September, it had negative trade balance of €47M.