Finland

3.07B €
Exports
2023
2004 January2024 April
3.29B €
Imports
2023
2004 January2024 April

Infograafikud

Finland is the 1st largest export partner of Estonia. In 2023, Estonia's exports to Finland amounted to €3.07B and imports from Finland to €3.29B, resulting in negative trade balance of €217M.

Exports

2023

In 2023, Estonia's exports to Finland amounted to €3.07B, 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 17.9%, from €3.74B in 2022 to €3.07B in 2023. Most recently, exports were led by petroleum gases, which represent 9.06% of the total exports to Finland, followed by electrical transformers, which account for 4.64%.

Imports

2023

In 2023, Estonia's imports from Finland ammounted to €3.29B, making it the 1st largest import partner in the world. Compared to the previous year, imports from Finland to Estonia experienced decline at an annualized rate of 21.8%, from €4.21B in 2022 to €3.29B in 2023. Most recently, imports were led by electricity, which represent 23.2% of the total imports from Finland, followed by petroleum gases, which account for 23.2%.

Trade Balance

As of 2024 April, Estonia had positive trade balance of €31.2M with Finland. In 2023 April, it had negative trade balance of €18.7M.