Denmark is the 10th largest export partner of Estonia. In 2022, Estonia's exports to Denmark amounted to €645M and imports from Denmark to €418M, resulting in positive trade balance of €228M.
In 2022, Estonia's exports to Denmark amounted to €645M, 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 12.4%, from €574M in 2021 to €645M in 2022. Most recently, exports were led by fuel wood, in logs, billets, twigs, faggots or sim..., which represent 29.7% of the total exports to Denmark, followed by refined petroleum products, which account for 11.8%.
In 2022, Estonia's imports from Denmark ammounted to €418M, 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 32.7%, from €315M in 2021 to €418M in 2022. Most recently, imports were led by insecticides, rodenticides, fungicides, herbicides..., which represent 6.03% of the total imports from Denmark, followed by meat of swine, fresh, chilled or frozen, which account for 6.03%.
As of 2022 December, Estonia had positive trade balance of €23.7M with Denmark. In 2021 December, it had positive trade balance of €28.4M.