Finland
3.07B €
Exports
2023
2004 January2024 September
3.26B €
Imports
2023
2004 January2024 September
Finland is the 1st largest export partner of Estonia. In 2023, Estonia's exports to Finland amounted to €3.07B and imports from Finland to €3.26B, resulting in negative trade balance of €188M.
Exports
2023
In 2023, Estonia's exports to Finland amounted to €3.07B, making it the 1st largest export partner in the world. Compared to the previous year, exports from Estonia to Finland experienced decline at an annualized rate of 18%, from €3.74B in 2022 to €3.07B in 2023. Most recently, exports were led by petroleum gases, which represent 9.05% of the total exports to Finland, followed by electrical transformers, which account for 4.63%.
Imports
2023
In 2023, Estonia's imports from Finland ammounted to €3.26B, making it the 1st largest import partner in the world. Compared to the previous year, imports from Finland to Estonia experienced decline at an annualized rate of 22.6%, from €4.21B in 2022 to €3.26B in 2023. Most recently, imports were led by electricity, which represent 23.2% of the total imports from Finland, followed by petroleum gases, which account for 23.2%.
Trade Balance
As of 2024 September, Estonia had positive trade balance of €17.2M with Finland. In 2023 September, it had negative trade balance of €84.9M.
