Estonia import Statistics

Estonia Import Data

The Republic of Estonia is another name for Estonia. The nation is located in Europe's northern region. Latvia, Russia, Finland, and Sweden are the nations that Estonia borders. Estonia is now recognized as a high-income nation in Europe. It is included in the list of the EU's least populous nations. Estonia, a small Baltic country in Northern Europe, is known for its advanced digital infrastructure and strong focus on innovation. As a member of the European Union and the Eurozone, Estonia has been actively engaged in international trade. According to Estonia trade statistics, Estonia is the 80th biggest importer globally.

According to Estonia’s import data, Estonia imported goods worth a total of $23 billion in 2023. In comparison with the previous year, merchandise imports into Estonia declined by 15%. Based on Estonia shipment data for 2023, electrical machinery is the biggest import of Estonia, while Germany is its biggest import partner. Estonia’s total GDP is $40.74 billion, with a GDP import share of 77.78%. Estonia is a part of trading blocs such as the WTO, OECD, and EU. Let us explore Estonia import data for the year 2023, shedding light on the country's trade patterns and providing insights into Estonia statistical data and its economic landscape.  

 Estonia Import Data | Estonia Statistical Data

80

The country has been ranked 80th in global imports, showing a significant position in the international trade and import landscape.

0.1%

With a mere 0.1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise. 

GERMANY

Germany holds a significant role as the largest import partner of the country in terms of goods imports.

ELECTRICAL MACHINERY AND EQUIPMENT

Electrical machinery and equipment are the major and biggest import commodities of the country, playing a vital role in its economy with its import share.

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import

Top 10 imports of Estonia: Estonia Import Data by HS Code

Businesses can make well-informed judgments about product development, price strategies, and market entry by looking at import data. In 2023, electrical machinery ranked as Estonia's top import. Estonia’s top 10 imports in 2023 based on Estonia import data and Estonia trade data are:

  • Electrical machinery and equipment (HS Code 85): 12.43% ($2.91 billion)
  • Vehicles (HS code 87): 12.18% ($2.85 billion)
  • Mineral fuels and oils (HS code 27): 10.87% ($2.54 billion)
  • Nuclear reactors and machinery (HS code 84): 9.92% ($2.32 billion)
  • Plastics and articles thereof (HS code 39): 3.75% ($879.23 million)
  • Pharmaceutical products (HS code 30): 3.43% ($804.23 million)
  • Iron and Steel (HS code 72): 3.23% ($758.19 million)
  • Wood and articles of wood (HS code 44): 3% ($704.12 million)
  • Articles of iron and steel (HS code 73): 2.75% ($644.74 million)
  • Optical, medical, or surgical instruments (HS code 90): 2.23% ($522.53 million) 
  • Partners

    Top 10 Import Partners of Estonia: Estonia Import Data by Country

    Important information about the commodities and products entering Estonia is provided by its import statistics. It is a priceless tool for companies looking to follow customer preferences, find new markets, and evaluate competitors. In 2023, Germany ranked as Estonia's top import partner. The top 10 Import Partners of Estonia in 2023 based on Estonia statistical data and Estonia shipment data include:

    Value In Percentage(%)

  • Germany: 11.1% (2.60 billion US$)
  • China: 9.3% (2.17 billion US$)
  • Finland: 8.6% (2.02 billion US$)
  • Lithuania: 6.7% (1.54 billion US$)
  • Poland: 6.6% (1.50 billion US$)
  • Latvia: 6.4% (1.21 billion US$)
  • Sweden: 5.2% (1.12 billion US$)
  • Italy: 4.8% (717.77 million US$)
  • Netherlands: 3.1% (706.02 million US$)
  • USA: 3% (666.36 million US$)
  • Sample Data

    The Significance of Estonia Statistical Data for Imports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Estonia's import data provides crucial information about the goods and products flowing into the country. It offers an invaluable resource for businesses aiming to identify potential markets, track consumer preferences, and analyze competition. By examining import data, companies can make informed decisions about product development, pricing strategies, and market entry. Based on the Estonia statistical data for Estonia’s imports, Estonia imported goods worth a total of $23 billion in 2023. The Estonia shipment data provided to you is very helpful and informative on Estonian import and trade data. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from establishments, other shipping firms, and recognized ports in Estonia. HS codes and product descriptions, which comprise the amount, units, and price of each product being sent, are among the many fields that are included in Estonian trade data. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions to the quantity and cost of each product. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the product description, quantity, and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Estonia Import Data
    ID 1927 MONTH Jul-24
    FLOW Import STAT REGIME Normal
    HS CODE 01012100 PRODUCT DESCRIPTION Pure-bred breeding horses
    IMPORTER COUNTRY Estonia ORIGIN COUNTRY Netherlands
    TRADE TYPE Intra-EU Trade SUP QUANTITY 2
    SUPP UNIT NUMBER OF ITEMS NET WEIGHT 891
    US CIF 70473 VALUE IN EUROS 65000
    Benefits

    Benefits of Estonia Import Data

  • Evaluate prospective leads from the import market in Estonia.
  • Find out what Estonia's current product demand is.
  • Get access to exclusive import trends in Estonia.
  • Use a marketing strategy that depends on import data.
  • Increase the visibility of your brand in the Estonia import market.
  • Aim for future business success and increase your revenue.
  • Frequently Asked Questions!!

    According to Estonia trade statistics, Estonia imported goods worth a total of $23 billion in 2023.

    Estonia import data provides crucial information about the goods and products flowing into the country and offers an invaluable resource for businesses for the latest import trends.

    The key components included in Estonia statistical data are the date, HS Code, HS Code description, unit, destination country, quantity, and value.

    Based on Estonia trade activities, Germany was the largest import partner of Estonia in 2023 with 11.1% of goods imports.

    Electrical machinery and equipment were the top imported commodity of Estonia in 2023 with a total value of $2.91 billion in imports, according to the Estonia trade records.

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