2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Estonia-Canada In 2022, Estonia exported $122M to Canada. The main products that Estonia exported to Canada are Refined Petroleum ($33.5M), Prefabricated Buildings ($10.3M), and Yeast ($6.51M). During the last 27 years the exports of Estonia to Canada have increased at an annualized rate of 10.5%, from $8.34M in 1995 to $122M in 2022.

In 2020, Estonia exported services to Canada worth $43.3M, with Other business services ($19.8M), Transportation ($14.6M), and Computer and information services ($5.48M) being the largest in terms of value.

Canada-Estonia In 2022, Canada exported $34.8M to Estonia. The main products that Canada exported to Estonia were Cars ($6.38M), Rubberworking Machinery ($1.75M), and Planes, Helicopters, and/or Spacecraft ($1.6M). During the last 27 years the exports of Canada to Estonia have increased at an annualized rate of 5.99%, from $7.22M in 1995 to $34.8M in 2022.

In 2020, Canada exported services to Estonia worth $746k, with Computer and information services ($746k) being the largest in terms of value.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $122M to Canada. The main products exported from Estonia to Canada were Refined Petroleum ($33.5M), Prefabricated Buildings ($10.3M), and Yeast ($6.51M). During the last 27 years the exports of Estonia to Canada have increased at an annualized rate of 10.5%, from $8.34M in 1995 to $122M in 2022.

In 2022, Canada exported $34.8M to Estonia. The main products exported from Canada to Estonia were Cars ($6.38M), Rubberworking Machinery ($1.75M), and Planes, Helicopters, and/or Spacecraft ($1.6M). During the last 27 years the exports of Canada to Estonia have increased at an annualized rate of 5.99%, from $7.22M in 1995 to $34.8M in 2022.

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

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

Latest Data

Trade between Estonia (Flag) and Canada (Flag)

Estonia Exports

Canada Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Canada
Top Destination
United States$438B

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

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

In 2021, countries that imported more from Canada than Estonia were United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Estonia - Canada

Flow
Scale

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

During 2022, Estonia had a large net trade with Canada in the exports of Mineral Products ($33.8M), Machines ($24.1M), and Miscellaneous ($18.4M).

During 2022, Canada had a large net trade with Estonia in the exports of Transportation ($9.33M), Machines ($9.13M), and Foodstuffs ($4.74M).

Service Trade

Bilateral Service Trade

In 2020, Estonia exported services to Canada worth $43.3M, with Other business services ($19.8M), Transportation ($14.6M), and Computer and information services ($5.48M) being the largest in terms of value.

In 2020, Canada exported services to Estonia worth $746k, with Computer and information services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Canada (Flag) to Estonia (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 Estonia has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Estonia.

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

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