Investor Presentaiton
A large export sector dominated by ICT
Russia's dominance diminished sharply as fuels and gas imports have been fully phased out
Total exports of goods and services (% of GDP)
90
80
Estonia's main services exports
3,500
40
3,000
70
30
2,500
60
2,000
50
20
20
1,500
40
30
1,000
10
10
20
500
10
0
0
0
2013 2014 2015
2016
2017
2018 2019 2020
2021
2022
■ Estonia
Euro area
Source: Eurostat
Trade partners (2023)
2013 2014 2015 2016 2017
Transport, EURm (lhs)
Other business services, EURm (lhs)
ICT, share % (rhs)
Source: Statistics Estonia
Trade mix (2022)
2018 2019 2020 2021 2022
ICT, EURM (lhs)
Transport, share % (rhs)
Other business services, share % (rhs)
Finland
Other
28.0%
17.8%
Other
26.4%
Finland
14%
Consumer Other
goods goods services
ICT
Consumer
goods
Transport 6%
2% 7%
equipment
Latvia
4%
Transport
services
9%
Other ICT
goods serv.
4% 4%
Transport
9%
serv.
8%
10.9%
Latvia
11%
Machinery
14%
Transport
equipment
8%
Other
serv.
13%
Norway
3.3%
Exports
Italy
2%
Imports
Exports
Other
services
18%
Imports
Belgium
Poland
3%
3.4%
Denmark/
Sweden
10.9%
China
4%
Germany
11%
Fuels
9%
Industrial
supplies
25%
Machinery
13%
Food and
beverage
6%
Food and
beverage
3.5%
6%
Russia Netherlands Germany
3.6% 4.9%
Source: Statistics Estonia
6.7%
Lithuania
7.1%
Netherlands Sweden Poland
5%
7%
8%
Lithuania
9%
Fuels
12%
Industrial
supplies
23%
Source: Statistics Estonia
19
蛋黃酥
REPUBLIC OF ESTONIA
MINISTRY OF FINANCEView entire presentation