Finland
3.1B €
Exports
2022
2004 January2022 December
3.95B €
Imports
2022
2004 January2022 December
Finland is the 1st largest export partner of Estonia. In 2022, Estonia's exports to Finland amounted to €3.1B and imports from Finland to €3.95B, resulting in negative trade balance of €850M.
Exports
2022
In 2022, Estonia's exports to Finland amounted to €3.1B, making it the 1st largest export partner in the world. Compared to the previous year, exports from Estonia to Finland experienced growth at an annualized rate of 18.1%, from €2.62B in 2021 to €3.1B in 2022. Most recently, exports were led by petroleum gases, which represent 5.83% of the total exports to Finland, followed by iron or steel structures, which account for 4.88%.
Imports
2022
In 2022, Estonia's imports from Finland ammounted to €3.95B, making it the 1st largest import partner in the world. Compared to the previous year, imports from Finland to Estonia experienced growth at an annualized rate of 40.7%, from €2.8B in 2021 to €3.95B in 2022. Most recently, imports were led by electricity, which represent 38.7% of the total imports from Finland, followed by refined petroleum products, which account for 38.7%.
Trade Balance
As of 2022 December, Estonia had negative trade balance of €96.7M with Finland. In 2021 December, it had negative trade balance of €53.8M.
