Netherlands
567M €
Exports
2020
2004 January2021 February
664M €
Imports
2020
2004 January2021 February
Netherlands is the 10th largest export partner of Estonia. In 2020, Estonia's exports to Netherlands amounted to €567M and imports from Netherlands to €664M, resulting in negative trade balance of €97M.
Exports
2020
In 2020, Estonia's exports to Netherlands amounted to €567M, making it the 10th largest export partner in the world. Compared to the previous year, exports from Estonia to Netherlands experienced growth at an annualized rate of 18.1%, from €480M in 2019 to €567M in 2020. Most recently, exports were led by oils and other products of coal tar, which represent 24% of the total exports to Netherlands, followed by refined petroleum products, which account for 9.97%.
Imports
2020
In 2020, Estonia's imports from Netherlands ammounted to €664M, making it the 8th largest import partner in the world. Compared to the previous year, imports from Netherlands to Estonia experienced decline at an annualized rate of 1.22%, from €672M in 2019 to €664M in 2020. Most recently, imports were led by packaged medicaments, which represent 8.92% of the total imports from Netherlands, followed by integrated circuits, which account for 8.92%.
Trade Balance
As of 2021 February, Estonia had positive trade balance of €9.14M with Netherlands. In 2020 February, it had negative trade balance of €4.65M.
