Spain
185M €
Exports
2022
2004 January2023 July
292M €
Imports
2022
2004 January2023 July
Spain is the 20th largest export partner of Estonia. In 2022, Estonia's exports to Spain amounted to €185M and imports from Spain to €292M, resulting in negative trade balance of €106M.
Exports
2022
In 2022, Estonia's exports to Spain amounted to €185M, making it the 20th largest export partner in the world. Compared to the previous year, exports from Estonia to Spain experienced growth at an annualized rate of 30.7%, from €142M in 2021 to €185M in 2022. Most recently, exports were led by oils and other products of coal tar, which represent 13.2% of the total exports to Spain, followed by peat, which account for 7.63%.
Imports
2022
In 2022, Estonia's imports from Spain ammounted to €292M, making it the 16th largest import partner in the world. Compared to the previous year, imports from Spain to Estonia experienced growth at an annualized rate of 49.4%, from €195M in 2021 to €292M in 2022. Most recently, imports were led by cars, which represent 8.53% of the total imports from Spain, followed by bars and rods, of iron or non-alloy steel, not fur..., which account for 8.53%.
Trade Balance
As of 2023 July, Estonia had negative trade balance of €16.8M with Spain. In 2022 July, it had negative trade balance of €22.7M.
