In 2020, Estonia's exports to Russian Federation amounted to €800M, 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 7.52%, from €865M in 2019 to €800M in 2020. Most recently, exports were led by electrical transformers, which represent 5.36% of the total exports to Russian Federation, followed by centrifuges and filtering machinery, which account for 4.7%.
In 2020, Estonia's imports from Russian Federation ammounted to €1.21B, making it the 5th largest import partner in the world. Compared to the previous year, imports from Russian Federation to Estonia experienced decline at an annualized rate of 7.88%, from €1.31B in 2019 to €1.21B in 2020. Most recently, imports were led by oils and other products of coal tar, which represent 23.6% of the total imports from Russian Federation, followed by refined petroleum products, which account for 23.6%.