United States of America
United States of America is the 3rd largest export partner of Estonia. In 2021, Estonia's exports to United States of America amounted to €1.67B and imports from United States of America to €325M, resulting in positive trade balance of €1.35B.
Exports
2021
In 2021, Estonia's exports to United States of America amounted to €1.67B, making it the 3rd largest export partner in the world. Compared to the previous year, exports from Estonia to United States of America experienced growth at an annualized rate of 49%, from €1.12B in 2020 to €1.67B in 2021. Most recently, exports were led by communication equipment, which represent 57.9% of the total exports to United States of America, followed by oils and other products of coal tar, which account for 10.9%.
Imports
2021
In 2021, Estonia's imports from United States of America ammounted to €325M, making it the 14th largest import partner in the world. Compared to the previous year, imports from United States of America to Estonia experienced growth at an annualized rate of 32.1%, from €246M in 2020 to €325M in 2021. Most recently, imports were led by communication equipment, which represent 35.9% of the total imports from United States of America, followed by coins, which account for 35.9%.
Trade Balance
As of 2022 November, Estonia had positive trade balance of €12.8M with United States of America. In 2021 November, it had positive trade balance of €100M.