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2022
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Exports $352MRnk 78 / 218
2022
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Top Product $41.4MCars
2022
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Exports $208MRnk 22 / 188
2022
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Top Product $24.6MCoal Tar Oil
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Spain-Estonia In 2022, Spain exported $352M to Estonia. The main products that Spain exported to Estonia are Cars ($41.4M), Raw Iron Bars ($14.3M), and Polyacetals ($13.3M). During the last 27 years the exports of Spain to Estonia have increased at an annualized rate of 12.3%, from $15.2M in 1995 to $352M in 2022.

In 2022, Spain did not export any services to Estonia.

Estonia-Spain In 2022, Estonia exported $208M to Spain. The main products that Estonia exported to Spain were Coal Tar Oil ($24.6M), Peat ($12.7M), and Plywood ($11.6M). During the last 27 years the exports of Estonia to Spain have increased at an annualized rate of 12.2%, from $9.4M in 1995 to $208M in 2022.

In 2020, Estonia exported services to Spain worth $66.9M, with Other business services ($23.2M), Computer and information services ($20.4M), and Transportation ($10.1M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €35.4M and imported €28.8M from Estonia, resulting in a positive trade balance of €6.6M. Between February 2023 and February 2024 the exports of Spain have increased by €10.4M (41.8%) from €25M to €35.4M, while imports increased by €1.42M (5.2%) from €27.4M to €28.8M.

Trade In February 2024, the top exports of Spain to Estonia were Explosive Ammunition (€4.47M), Military Weapons (€3.11M), Cars (€2.58M), Telephones (€1.37M), and Citrus (€974k). In February 2024 the top imports of Spain from Estonia were Barley (€12.6M), Excavation Machinery (€1.47M), Raw Nickel (€1.35M), Ferroalloys (€1.18M), and Glaziers Putty (€638k).

Origins In February 2024 the exports of Spain were mainly from Madrid (€10M), Navarra (€4.59M), Barcelona (€4.21M), Valencia (€2.01M), and Asturias (€1.94M), while imports destinations were mainly Ávila (€7.24M), Lleida (€6.48M), Madrid (€2.68M), Navarra (€2.52M), and Barcelona (€2.32M).

Growth In February 2024, the increase in Spain's year-by-year exports to Estonia was explained primarily by an increase in product exports in Cars (€550k or 27.1%), Cocoa Powder (€315k or 313%), and Delivery Trucks (€296k or 50.3%). In February 2024, the increase in Spain's year-by-year imports  from Estonia was explained primarily by an increase in product imports  in Ferroalloys (€914k or 342%), Traffic Signals (€428k or 1.39k%), and Glaziers Putty (€403k or 171%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€10.4M(41.8%)
IMPORT GROWTH (February 2023 - February 2024)€1.42M(5.2%)
MAIN EXPORTER (February 2024)Madrid€10M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Estonia and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Estonia and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $352M to Estonia. The main products exported from Spain to Estonia were Cars ($41.4M), Raw Iron Bars ($14.3M), and Polyacetals ($13.3M). During the last 27 years the exports of Spain to Estonia have increased at an annualized rate of 12.3%, from $15.2M in 1995 to $352M in 2022.

In 2022, Estonia exported $208M to Spain. The main products exported from Estonia to Spain were Coal Tar Oil ($24.6M), Peat ($12.7M), and Plywood ($11.6M). During the last 27 years the exports of Estonia to Spain have increased at an annualized rate of 12.2%, from $9.4M in 1995 to $208M in 2022.

Exports from Spain (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Estonia
Top DestinationFinland$3B

This map shows whether countries import more from Spain or Estonia. Each country is colored based on the difference in imports they receive from Spain and Estonia or the difference in the growth in imports.

In 2021, countries that imported more from Spain than Estonia were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Estonia than Spain were Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

Difference in imports from Estonia (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Estonia

Flow
Scale

This chart compares trade between Spain and Estonia by product, considering products traded by both, Spain and Estonia.

During 2022, Spain had a large net trade with Estonia in the exports of Transportation ($56.6M), Machines ($45M), and Metals ($42.5M).

During 2022, Estonia had a large net trade with Spain in the exports of Mineral Products ($39.1M), Machines ($34.4M), and Chemical Products ($25.7M).

Service Trade

Bilateral Service Trade

In 2020, Estonia exported services to Spain worth $66.9M, with Other business services ($23.2M), Computer and information services ($20.4M), and Transportation ($10.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to Spain (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Spain.

Product Space of Spain (Flag) and Estonia (Flag) (2022)

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