Spain
202M €
Exports
2023
2004 January2024 August
314M €
Imports
2023
2004 January2024 August
Spain is the 19th largest export partner of Estonia. In 2023, Estonia's exports to Spain amounted to €202M and imports from Spain to €314M, resulting in negative trade balance of €112M.
Exports
2023
In 2023, Estonia's exports to Spain amounted to €202M, 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 18.3%, from €171M in 2022 to €202M in 2023. Most recently, exports were led by barley, which represent 12.3% of the total exports to Spain, followed by wheat and meslin, which account for 8.8%.
Imports
2023
In 2023, Estonia's imports from Spain ammounted to €314M, 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 7.03%, from €293M in 2022 to €314M in 2023. Most recently, imports were led by bars and rods, of iron or non-alloy steel, not fur..., which represent 9.87% of the total imports from Spain, followed by cars, which account for 9.87%.
Trade Balance
As of 2024 August, Estonia had negative trade balance of €11.1M with Spain. In 2023 August, it had negative trade balance of €18.2M.
