Finland

2.3B €
Exports
2018
2.08B €
Imports
2018
2004 January2019 January

Infograafikud

Finland is the 1st largest export partner of Estonia. In 2018, Estonia exported to Finland €2B and imported from Finland €2B, resulting in a positive trade balance of €212M.

Exports

2018

In 2018, Estonia exported to Finland €2B, making it the 1st largest partner in the world. Compared to the previous year, the exports from Estonia to Finland have grown at an annualized rate of 10.6%, from €2B in 2017 to €2B in 2018. The most recent exports are led by iron or steel structures which represent 4.11% of the total exports to Finland, followed by electrical transformers, which account for 3.54%.

Imports

2018

In 2018 Estonia imported from Finland €2B, making it the 1st largest partner in the world. Compared to the previous year, the imports of Finland to Estonia have grown at an annualized rate of 0.339%, from €2B in 2017 to €2B in 2018. The most recent imports are led by refined petroleum products which represent 10.6% of the total imports from Finland, followed by electricity, which account for 10.6%.

Trade Balance

As of 2019 January Estonia had a positive trade balance with respect to Finland of €34M in net exports. As compared to their trade balance in 2018 January when they had a positive trade balance of €10M in net exports.