Estonia (EST) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Estonia-Mexico In 2022, Estonia exported $38.8M to Mexico. The main products that Estonia exported to Mexico are Broadcasting Equipment ($5.3M), Other Metal Fasteners ($5.27M), and Wood Crates ($2.96M). During the last 27 years the exports of Estonia to Mexico have increased at an annualized rate of 13.1%, from $1.39M in 1995 to $38.8M in 2022.

In 2020, Estonia exported services to Mexico worth $13.1M, with Other business services ($9.71M), Computer and information services ($1.83M), and Travel ($1.03M) being the largest in terms of value.

Mexico-Estonia In 2022, Mexico exported $30M to Estonia. The main products that Mexico exported to Estonia were Medical Instruments ($2.84M), Integrated Circuits ($2.16M), and Tractors ($2.11M). During the last 27 years the exports of Mexico to Estonia have increased at an annualized rate of 23.8%, from $94.5k in 1995 to $30M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $38.8M to Mexico. The main products exported from Estonia to Mexico were Broadcasting Equipment ($5.3M), Other Metal Fasteners ($5.27M), and Wood Crates ($2.96M). During the last 27 years the exports of Estonia to Mexico have increased at an annualized rate of 13.1%, from $1.39M in 1995 to $38.8M in 2022.

In 2022, Mexico exported $30M to Estonia. The main products exported from Mexico to Estonia were Medical Instruments ($2.84M), Integrated Circuits ($2.16M), and Tractors ($2.11M). During the last 27 years the exports of Mexico to Estonia have increased at an annualized rate of 23.8%, from $94.5k in 1995 to $30M in 2022.

Exports from Estonia () to Mexico () (2022)

Exports from Mexico () to Estonia () (2022)

Latest Data

Trade between Estonia () and Mexico ()

Estonia Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Mexico
Top DestinationUnited States$421B

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

In 2021, countries that imported more from Estonia than Mexico were Latvia ($2.77B), Finland ($3B), and Sweden ($1.9B).

In 2021, countries that imported more from Mexico than Estonia were United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Estonia - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Mexico in the exports of Machines ($16.3M), Metals ($5.91M), and Instruments ($3.72M).

During 2022, Mexico had a large net trade with Estonia in the exports of Machines ($13M), Instruments ($6.33M), and Transportation ($5.72M).

Service Trade

Bilateral Service Trade

Est Year

In 2020, Estonia exported services to Mexico worth $13.1M, with Other business services ($9.71M), Computer and information services ($1.83M), and Travel ($1.03M) being the largest in terms of value.

Service trade data is presented based on availability.

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

About

Historical Data

Bilateral Trade by Products

Exports from Estonia () to Mexico () (2022)

Exports from Mexico () to Estonia () (2022)

Latest Data

Trade between Estonia () and Mexico ()

Estonia Exports

Mexico Exports

Market Competitiveness

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

Comparative Advantage Estonia - Mexico

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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