Japan
150M €
Exports
2022
2004 January2023 July
88.1M €
Imports
2022
2004 January2023 July
Japan is the 24th largest export partner of Estonia. In 2022, Estonia's exports to Japan amounted to €150M and imports from Japan to €88.1M, resulting in positive trade balance of €62.1M.
Exports
2022
In 2022, Estonia's exports to Japan amounted to €150M, making it the 24th largest export partner in the world. Compared to the previous year, exports from Estonia to Japan experienced growth at an annualized rate of 28.4%, from €117M in 2021 to €150M in 2022. Most recently, exports were led by wood carpentry, which represent 28.8% of the total exports to Japan, followed by wood sawn or chipped lengthwise, sliced or peeled,..., which account for 20.4%.
Imports
2022
In 2022, Estonia's imports from Japan ammounted to €88.1M, making it the 29th largest import partner in the world. Compared to the previous year, imports from Japan to Estonia experienced growth at an annualized rate of 108%, from €42.4M in 2021 to €88.1M in 2022. Most recently, imports were led by cars, which represent 33.6% of the total imports from Japan, followed by electric accumulators, incl. separators therefor, ..., which account for 33.6%.
Trade Balance
As of 2023 July, Estonia had positive trade balance of €1.13M with Japan. In 2022 July, it had positive trade balance of €4.4M.
