Estonia (EST) and Spain (ESP) Trade | The Observatory of Economic Complexity

About

Estonia-Spain In 2022, Estonia exported $208M to Spain. The main products that Estonia exported to Spain are 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.

Spain-Estonia In 2022, Spain exported $352M to Estonia. The main products that Spain exported 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, Spain did not export any services to Estonia.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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.

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.

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

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

Latest Data

Trade between Estonia () and Spain ()

Estonia Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Spain
Top DestinationFrance$65.2B

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

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

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

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

Comparative Advantage Estonia - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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).

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

Service Trade

Bilateral Service Trade

Est Year

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 () to Spain () (2020)

Economic Complexity

Competitive Landscape

Year

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 Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Estonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Estonia () and Spain ()

Estonia Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Estonia - Spain

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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