Russian Federation

873M €
Exports
2018
2004 January2019 June
1.41B €
Imports
2018
2004 January2019 June

Infograafikud

Russian Federation is the 6th largest export partner of Estonia. In 2018, Estonia exported to Russian Federation €873M and imported from Russian Federation €1.41B, resulting in a negative trade balance of €541M.

Exports

2018

In 2018, Estonia exported to Russian Federation €873M, making it the 6th largest partner in the world. Compared to the previous year, the exports from Estonia to Russian Federation have decline at an annualized rate of 5.72%, from €926M in 2017 to €873M in 2018. The most recent exports are led by self-propelled construction machinery which represent 7.15% of the total exports to Russian Federation, followed by machinery for making pulp of fibrous cellulosic ma..., which account for 3.9%.

Imports

2018

In 2018 Estonia imported from Russian Federation €1.41B, making it the 5th largest partner in the world. Compared to the previous year, the imports of Russian Federation to Estonia have growth at an annualized rate of 51.9%, from €931M in 2017 to €1.41B in 2018. The most recent imports are led by refined petroleum products which represent 31.3% of the total imports from Russian Federation, followed by oils and other products of coal tar, which account for 31.3%.

Trade Balance

As of 2019 June Estonia had a negative trade balance with respect to Russian Federation of €43.6M in net exports. As compared to their trade balance in 2018 June when they had a negative trade balance of €46.6M in net exports.