Spain

203M €
Exports
2023
2004 January2024 February
310M €
Imports
2023
2004 January2024 February

Infograafikud

Spain is the 19th largest export partner of Estonia. In 2023, Estonia's exports to Spain amounted to €203M and imports from Spain to €310M, resulting in negative trade balance of €108M.

Exports

2023

In 2023, Estonia's exports to Spain amounted to €203M, making it the 19th largest export partner in the world. Compared to the previous year, exports from Estonia to Spain experienced growth at an annualized rate of 18.5%, from €171M in 2022 to €203M in 2023. Most recently, exports were led by barley, which represent 12.5% of the total exports to Spain, followed by wheat and meslin, which account for 8.93%.

Imports

2023

In 2023, Estonia's imports from Spain ammounted to €310M, making it the 15th largest import partner in the world. Compared to the previous year, imports from Spain to Estonia experienced growth at an annualized rate of 6.02%, from €293M in 2022 to €310M in 2023. Most recently, imports were led by bars and rods, of iron or non-alloy steel, not fur..., which represent 10% of the total imports from Spain, followed by cars, which account for 10%.

Trade Balance

As of 2024 February, Estonia had negative trade balance of €7.91M with Spain. In 2023 February, it had positive trade balance of €2.2M.