Finland

2.24B €
Exports
2020
2004 January2021 July
2.05B €
Imports
2020
2004 January2021 July

Infograafikud

Finland is the 1st largest export partner of Estonia. In 2020, Estonia's exports to Finland amounted to €2.24B and imports from Finland to €2.05B, resulting in positive trade balance of €196M.

Exports

2020

In 2020, Estonia's exports to Finland amounted to €2.24B, making it the 1st largest export partner in the world. Compared to the previous year, exports from Estonia to Finland experienced decline at an annualized rate of 4.08%, from €2.34B in 2019 to €2.24B in 2020. Most recently, exports were led by iron or steel structures, which represent 4.44% of the total exports to Finland, followed by electrical transformers, which account for 3.92%.

Imports

2020

In 2020, Estonia's imports from Finland ammounted to €2.05B, 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 0.627%, from €2.04B in 2019 to €2.05B in 2020. Most recently, imports were led by electricity, which represent 12.9% of the total imports from Finland, followed by refined petroleum products, which account for 12.9%.

Trade Balance

As of 2021 July, Estonia had negative trade balance of €22.2M with Finland. In 2020 July, it had positive trade balance of €14.9M.