Japan

94.2M €
Exports
2024
2004 January2024 December
52M €
Imports
2024
2004 January2024 December

Infograafikud

Japan is the 26th largest export partner of Estonia. In 2024, Estonia's exports to Japan amounted to €94.2M and imports from Japan to €52M, resulting in positive trade balance of €42.2M.

Exports

2024

In 2024, Estonia's exports to Japan amounted to €94.2M, making it the 26th largest export partner in the world. Compared to the previous year, exports from Estonia to Japan experienced decline at an annualized rate of 16.7%, from €113M in 2023 to €94.2M in 2024. Most recently, exports were led by wood carpentry, which represent 25.1% of the total exports to Japan, followed by wood sawn or chipped lengthwise, sliced or peeled,..., which account for 15.4%.

Imports

2024

In 2024, Estonia's imports from Japan ammounted to €52M, making it the 32nd largest import partner in the world. Compared to the previous year, imports from Japan to Estonia experienced growth at an annualized rate of 7.41%, from €48.4M in 2023 to €52M in 2024. Most recently, imports were led by cars, which represent 27.5% of the total imports from Japan, followed by electric accumulators, incl. separators therefor, ..., which account for 27.5%.

Trade Balance

As of 2024 December, Estonia had positive trade balance of €3.21M with Japan. In 2023 December, it had positive trade balance of €4.46M.