Japan

117M €
Exports
2021
2004 January2022 September
42.4M €
Imports
2021
2004 January2022 September

Infograafikud

Japan is the 25th largest export partner of Estonia. In 2021, Estonia's exports to Japan amounted to €117M and imports from Japan to €42.4M, resulting in positive trade balance of €74.5M.

Exports

2021

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 24.3%, from €94M in 2020 to €117M in 2021. Most recently, exports were led by wood carpentry, which represent 27.1% of the total exports to Japan, followed by wood sawn or chipped lengthwise, sliced or peeled,..., which account for 25.6%.

Imports

2021

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 8.57%, 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%.

Trade Balance

As of 2022 September, Estonia had negative trade balance of €423k with Japan. In 2021 September, it had positive trade balance of €7.98M.