Hong Kong
68.2M €
Exports
2024
2004 January2024 December
140M €
Imports
2024
2004 January2024 December
Hong Kong is the 34th largest export partner of Estonia. In 2024, Estonia's exports to Hong Kong amounted to €68.2M and imports from Hong Kong to €140M, resulting in negative trade balance of €72.1M.
Exports
2024
In 2024, Estonia's exports to Hong Kong amounted to €68.2M, making it the 34th largest export partner in the world. Compared to the previous year, exports from Estonia to Hong Kong experienced growth at an annualized rate of 28.3%, from €53.2M in 2023 to €68.2M in 2024. Most recently, exports were led by communication equipment, which represent 45% of the total exports to Hong Kong, followed by cars, which account for 31.3%.
Imports
2024
In 2024, Estonia's imports from Hong Kong ammounted to €140M, making it the 22nd largest import partner in the world. Compared to the previous year, imports from Hong Kong to Estonia experienced growth at an annualized rate of 15.8%, from €121M in 2023 to €140M in 2024. Most recently, imports were led by communication equipment, which represent 43.5% of the total imports from Hong Kong, followed by electric accumulators, incl. separators therefor, ..., which account for 43.5%.
Trade Balance
As of 2024 December, Estonia had negative trade balance of €10.6M with Hong Kong. In 2023 December, it had negative trade balance of €2.26M.
