In 2020, Estonia's exports to Spain amounted to €95.6M, making it the 15th largest export partner in the world. Compared to the previous year, exports from Estonia to Spain experienced decline at an annualized rate of 56.4%, from €219M in 2019 to €95.6M in 2020. Most recently, exports were led by peat, which represent 7.64% of the total exports to Spain, followed by motor vehicle parts, which account for 5.9%.
In 2020, Estonia's imports from Spain ammounted to €165M, making it the 18th largest import partner in the world. Compared to the previous year, imports from Spain to Estonia experienced decline at an annualized rate of 8.49%, from €181M in 2019 to €165M in 2020. Most recently, imports were led by polyacetals, which represent 6.84% of the total imports from Spain, followed by wine, which account for 6.84%.