Netherlands
891M €
Exports
2022
2004 January2023 July
1.07B €
Imports
2022
2004 January2023 July
Netherlands is the 7th largest export partner of Estonia. In 2022, Estonia's exports to Netherlands amounted to €891M and imports from Netherlands to €1.07B, resulting in negative trade balance of €183M.
Exports
2022
In 2022, Estonia's exports to Netherlands amounted to €891M, making it the 7th largest export partner in the world. Compared to the previous year, exports from Estonia to Netherlands experienced decline at an annualized rate of 20.4%, from €1.12B in 2021 to €891M in 2022. Most recently, exports were led by oils and other products of coal tar, which represent 25.6% of the total exports to Netherlands, followed by nitrogenous fertilizers, which account for 4.69%.
Imports
2022
In 2022, Estonia's imports from Netherlands ammounted to €1.07B, making it the 8th largest import partner in the world. Compared to the previous year, imports from Netherlands to Estonia experienced growth at an annualized rate of 31.8%, from €815M in 2021 to €1.07B in 2022. Most recently, imports were led by packaged medicaments, which represent 7.02% of the total imports from Netherlands, followed by refined petroleum products, which account for 7.02%.
Trade Balance
As of 2023 July, Estonia had negative trade balance of €48.2M with Netherlands. In 2022 July, it had negative trade balance of €28M.
