Denmark

478M €
Exports
2020
2004 January2021 February
294M €
Imports
2020
2004 January2021 February

Infograafikud

Denmark is the 8th largest export partner of Estonia. In 2020, Estonia's exports to Denmark amounted to €478M and imports from Denmark to €294M, resulting in positive trade balance of €183M.

Exports

2020

In 2020, Estonia's exports to Denmark amounted to €478M, making it the 8th largest export partner in the world. Compared to the previous year, exports from Estonia to Denmark experienced decline at an annualized rate of 19.9%, from €597M in 2019 to €478M in 2020. Most recently, exports were led by fuel wood, in logs, billets, twigs, faggots or sim..., which represent 23.9% of the total exports to Denmark, followed by wood carpentry, which account for 10.9%.

Imports

2020

In 2020, Estonia's imports from Denmark ammounted to €294M, making it the 14th largest import partner in the world. Compared to the previous year, imports from Denmark to Estonia experienced decline at an annualized rate of 7.95%, from €320M in 2019 to €294M in 2020. Most recently, imports were led by orthopaedic appliances, incl. crutches, surgical b..., which represent 7.17% of the total imports from Denmark, followed by insecticides, rodenticides, fungicides, herbicides..., which account for 7.17%.

Trade Balance

As of 2021 February, Estonia had positive trade balance of €18.9M with Denmark. In 2020 February, it had positive trade balance of €17.1M.