Netherlands (NLD) and Estonia (EST) Trade | The Observatory of Economic Complexity

About

Netherlands-Estonia In 2022, Netherlands exported $987M to Estonia. The main products that Netherlands exported to Estonia are Refined Petroleum ($72.2M), Broadcasting Equipment ($31.2M), and Packaged Medicaments ($26M). During the last 27 years the exports of Netherlands to Estonia have increased at an annualized rate of 9.39%, from $87.6M in 1995 to $987M in 2022.

In 2020, Netherlands exported services to Estonia worth $131M, with Transportation ($39.2M), Other business services ($30.4M), and Financial services ($21.8M) being the largest in terms of value.

Estonia-Netherlands In 2022, Estonia exported $996M to Netherlands. The main products that Estonia exported to Netherlands were Coal Tar Oil ($217M), Nitrogenous Fertilizers ($37.7M), and Other Measuring Instruments ($37.4M). During the last 27 years the exports of Estonia to Netherlands have increased at an annualized rate of 8.18%, from $119M in 1995 to $996M in 2022.

In 2020, Estonia exported services to Netherlands worth $159M, with Transportation ($70.8M), Other business services ($53.8M), and Computer and information services ($17.7M) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €71M and imported €53M from Estonia, resulting in a positive trade balance of €18M. Between October 2021 and October 2022 the exports of Netherlands have decreased by €-20M (-22%) from €91M to €71M, while imports increased by €16M (43.2%) from €37M to €53M.

Trade In October 2022, the top exports of Netherlands to Estonia were Thermionic, cold cathode or photo-cathode valves... (€21M), Crude vegetable materials, n.e.s. (€3M), Miscellaneous chemical products, n.e.s. (€3M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€3M), and Medicaments (including veterinary medicaments) (€2M). In October 2022 the top imports of Netherlands from Estonia were Petroleum oils and oils obtained from... (€21M), Wood, simply worked, and railway sleepers... (€3M), Prefabricated buildings (€3M), Briquettes, lignite and peat (€2M), and Cereals, unmilled (other than wheat, rice,... (€1M).

Growth In October 2022, the decrease in Netherlands's year-by-year exports to Estonia was explained primarily by an decrease in product exports in Vegetables, fresh, chilled, frozen or simply... (€-1M or -50%), Fruit and nuts (not including oil... (€-1M or -50%), and Electrical machinery and apparatus, n.e.s. (€-1M or -50%). In October 2022, the increase in Netherlands's year-by-year imports from Estonia was explained primarily by an increase in product imports in Petroleum oils and oils obtained from... (€9M or 75%) and Wood, simply worked, and railway sleepers... (€1M or 50%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€-20M(-22%)

IMPORT GROWTH (October 2021 - October 2022)€16M(43.2%)

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

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

For full datasets download visit Bulk Download page.

Explore Estonia and Netherlands Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $987M to Estonia. The main products exported from Netherlands to Estonia were Refined Petroleum ($72.2M), Broadcasting Equipment ($31.2M), and Packaged Medicaments ($26M). During the last 27 years the exports of Netherlands to Estonia have increased at an annualized rate of 9.39%, from $87.6M in 1995 to $987M in 2022.

In 2022, Estonia exported $996M to Netherlands. The main products exported from Estonia to Netherlands were Coal Tar Oil ($217M), Nitrogenous Fertilizers ($37.7M), and Other Measuring Instruments ($37.4M). During the last 27 years the exports of Estonia to Netherlands have increased at an annualized rate of 8.18%, from $119M in 1995 to $996M in 2022.

Exports from Netherlands () to Estonia () (2022)

Exports from Estonia () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Estonia
Top DestinationFinland$3B

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

In 2021, countries that imported more from Netherlands than Estonia were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Estonia than Netherlands were Latvia ($2.77B).

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

Comparative Advantage Netherlands - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Estonia in the exports of Machines ($231M), Chemical Products ($132M), and Mineral Products ($98.9M).

During 2022, Estonia had a large net trade with Netherlands in the exports of Mineral Products ($275M), Chemical Products ($112M), and Machines ($101M).

Service Trade

Bilateral Service Trade

Est Year

Nld Year

In 2020, Netherlands exported services to Estonia worth $131M, with Transportation ($39.2M), Other business services ($30.4M), and Financial services ($21.8M) being the largest in terms of value.

In 2020, Estonia exported services to Netherlands worth $159M, with Transportation ($70.8M), Other business services ($53.8M), and Computer and information services ($17.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Estonia () (2022)

Exports from Estonia () to Netherlands () (2022)

Market Competitiveness

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

Comparative Advantage Netherlands - Estonia

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

Keep Exploring