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Goods Exports (BoP, USD) rose 27.1% to USD 19.3 bil in Estonia in 2021

Goods Exports (BoP, USD) (USD bil), 2021
Economy | Estonia | February 1, 2023
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Goods exports as a part of the balance of payment rose 27.1% to USD 19.3 bil in Estonia in 2021, according to the National Statistical Office.

Historically, goods exports as a part of the balance of payment in Estonia reached an all time high of USD 19.3 bil in 2021 and an all time low of USD 0.461 bil in 1992. When compared to Estonia's main peers, goods exports as a part of the balance of payment in Finland amounted to USD 83.6 bil, USD 19.1 bil in Latvia, USD 37.4 bil in Lithuania and USD 494 bil in Russia in 2021.

Estonia has been ranked 71st within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment, 3 places above the position seen 10 years ago.

Goods Exports (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia USD bil 188 193 232 258 272
Belarus USD bil 26.2 23.1 28.7 33.4 32.3
China USD bil 2,143 1,990 2,216 2,417 2,387
Estonia USD bil 11.9 12.4 13.5 14.9 14.9
Finland USD bil 58.8 58.4 67.2 74.3 72.7
Germany USD bil 1,294 1,305 1,420 1,525 1,460
Indonesia USD bil 149 144 169 181 168
Japan USD bil 622 636 689 736 695
Latvia USD bil 11.6 11.6 13.2 14.9 14.3
Lithuania USD bil 21.8 21.5 25.8 29.0 29.0
New Zealand USD bil 34.5 33.7 38.3 39.9 39.7
Papua New Guinea USD bil 8.46 8.19 9.96 10.2 ... ... ...
Russia USD bil 341 282 353 444 420
USA USD bil 1,511 1,457 1,557 1,677 1,655