Denmark

479M €
Exports
2020
2004 January2021 September
291M €
Imports
2020
2004 January2021 September

Infograafikud

Denmark is the 9th largest export partner of Estonia. In 2020, Estonia's exports to Denmark amounted to €479M and imports from Denmark to €291M, resulting in positive trade balance of €188M.

Exports

2020

In 2020, Estonia's exports to Denmark amounted to €479M, making it the 9th largest export partner in the world. Compared to the previous year, exports from Estonia to Denmark experienced decline at an annualized rate of 19.6%, from €596M in 2019 to €479M in 2020. Most recently, exports were led by fuel wood, in logs, billets, twigs, faggots or sim..., which represent 24.1% of the total exports to Denmark, followed by wood carpentry, which account for 10.7%.

Imports

2020

In 2020, Estonia's imports from Denmark ammounted to €291M, making it the 13th largest import partner in the world. Compared to the previous year, imports from Denmark to Estonia experienced decline at an annualized rate of 8.82%, from €319M in 2019 to €291M in 2020. Most recently, imports were led by orthopaedic appliances, incl. crutches, surgical b..., which represent 6.03% of the total imports from Denmark, followed by insecticides, rodenticides, fungicides, herbicides..., which account for 6.03%.

Trade Balance

As of 2021 September, Estonia had positive trade balance of €10.7M with Denmark. In 2020 September, it had positive trade balance of €17.4M.