Spain

95.6M €
Exports
2020
2004 January2021 March
165M €
Imports
2020
2004 January2021 March

Infograafikud

Spain is the 15th largest export partner of Estonia. In 2020, Estonia's exports to Spain amounted to €95.6M and imports from Spain to €165M, resulting in negative trade balance of €69.6M.

Exports

2020

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%.

Imports

2020

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%.

Trade Balance

As of 2021 March, Estonia had negative trade balance of €322k with Spain. In 2020 March, it had negative trade balance of €5.81M.