Denmark
Denmark is the 10th largest export partner of Estonia. In 2022, Estonia's exports to Denmark amounted to €647M and imports from Denmark to €436M, resulting in positive trade balance of €211M.
Exports
2022
In 2022, Estonia's exports to Denmark amounted to €647M, making it the 10th largest export partner in the world. Compared to the previous year, exports from Estonia to Denmark experienced growth at an annualized rate of 12.8%, from €574M in 2021 to €647M in 2022. Most recently, exports were led by fuel wood, in logs, billets, twigs, faggots or sim..., which represent 27.3% of the total exports to Denmark, followed by refined petroleum products, which account for 10.7%.
Imports
2022
In 2022, Estonia's imports from Denmark ammounted to €436M, making it the 12th largest import partner in the world. Compared to the previous year, imports from Denmark to Estonia experienced growth at an annualized rate of 38.1%, from €316M in 2021 to €436M in 2022. Most recently, imports were led by insecticides, rodenticides, fungicides, herbicides..., which represent 5.51% of the total imports from Denmark, followed by meat of swine, fresh, chilled or frozen, which account for 5.51%.
Trade Balance
As of 2023 July, Estonia had negative trade balance of €2.12M with Denmark. In 2022 July, it had positive trade balance of €18.5M.