In 2020, Estonia's exports to Japan amounted to €94.5M, making it the 26th largest export partner in the world. Compared to the previous year, exports from Estonia to Japan experienced growth at an annualized rate of 18.5%, from €79.8M in 2019 to €94.5M in 2020. Most recently, exports were led by wood carpentry, which represent 24.7% of the total exports to Japan, followed by wood sawn or chipped lengthwise, sliced or peeled,..., which account for 15.8%.
In 2020, Estonia's imports from Japan ammounted to €39M, making it the 30th largest import partner in the world. Compared to the previous year, imports from Japan to Estonia experienced decline at an annualized rate of 16%, from €46.5M in 2019 to €39M in 2020. Most recently, imports were led by cars, which represent 48.8% of the total imports from Japan, followed by hand-held power tools, which account for 48.8%.