In 2021, Estonia's exports to Japan amounted to €117M, making it the 25th largest export partner in the world. Compared to the previous year, exports from Estonia to Japan experienced growth at an annualized rate of 24.8%, from €94M in 2020 to €117M in 2021. Most recently, exports were led by wood carpentry, which represent 27% of the total exports to Japan, followed by wood sawn or chipped lengthwise, sliced or peeled,..., which account for 25.8%.
In 2021, Estonia's imports from Japan ammounted to €42.4M, making it the 32nd largest import partner in the world. Compared to the previous year, imports from Japan to Estonia experienced growth at an annualized rate of 8.46%, from €39.1M in 2020 to €42.4M in 2021. Most recently, imports were led by cars, which represent 22% of the total imports from Japan, followed by hand-held power tools, which account for 22%.