Russian Federation

867M €
Exports
2019
2004 January2020 August
1.31B €
Imports
2019
2004 January2020 August

Infograafikud

Russian Federation is the 7th largest export partner of Estonia. In 2019, Estonia's exports to Russian Federation amounted to €867M and imports from Russian Federation to €1.31B, resulting in negative trade balance of €444M.

Exports

2019

In 2019, Estonia's exports to Russian Federation amounted to €867M, making it the 7th largest export partner in the world. Compared to the previous year, exports from Estonia to Russian Federation experienced decline at an annualized rate of 0.501%, from €871M in 2018 to €867M in 2019. Most recently, exports were led by self-propelled construction machinery, which represent 6.41% of the total exports to Russian Federation, followed by centrifuges and filtering machinery, which account for 3.68%.

Imports

2019

In 2019, Estonia's imports from Russian Federation ammounted to €1.31B, making it the 6th largest import partner in the world. Compared to the previous year, imports from Russian Federation to Estonia experienced decline at an annualized rate of 7.4%, from €1.41B in 2018 to €1.31B in 2019. Most recently, imports were led by refined petroleum products, which represent 30.5% of the total imports from Russian Federation, followed by oils and other products of coal tar, which account for 30.5%.

Trade Balance

As of 2020 August, Estonia had negative trade balance of €15.2M with Russian Federation. In 2019 August, it had negative trade balance of €19.1M.