Spain

142M €
Exports
2021
2004 January2022 March
194M €
Imports
2021
2004 January2022 March

Infograafikud

Spain is the 21st largest export partner of Estonia. In 2021, Estonia's exports to Spain amounted to €142M and imports from Spain to €194M, resulting in negative trade balance of €52.4M.

Exports

2021

In 2021, Estonia's exports to Spain amounted to €142M, making it the 21st largest export partner in the world. Compared to the previous year, exports from Estonia to Spain experienced growth at an annualized rate of 45.8%, from €97.4M in 2020 to €142M in 2021. Most recently, exports were led by peat, which represent 8.05% of the total exports to Spain, followed by oils and other products of coal tar, which account for 6.91%.

Imports

2021

In 2021, Estonia's imports from Spain ammounted to €194M, making it the 20th largest import partner in the world. Compared to the previous year, imports from Spain to Estonia experienced growth at an annualized rate of 19.2%, from €163M in 2020 to €194M in 2021. Most recently, imports were led by bars and rods, of iron or non-alloy steel, not fur..., which represent 6.57% of the total imports from Spain, followed by cars, which account for 6.57%.

Trade Balance

As of 2022 March, Estonia had negative trade balance of €6.57M with Spain. In 2021 March, it had positive trade balance of €265k.