Estonia

Estonia ranked No. 87 in total trade value through June with a total of $588.29 million. Exports totaled $187.68 million and Imports totaled $400.61 million, a deficit of $212.93 million.

U.S. trade with Estonia rose to $588.29 million through June

Estonia’s trade with the United States rose to $588.29 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.42 percent below its total trade during the same time period last year. U.S. exports to Estonia decreased 13.35 percent while U.S. imports from Estonia fell 31.28 percent. The U.S. deficit with Estonia was $212.93 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Dallas-Fort Worth International Airport, Texas; No. 2 Port of Newark; No. 3 Cleveland’s Hopkins International Airport, Ohio; No. 4 Port of Houston; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Dallas-Fort Worth International Airport, Texas; No. 2 Port of Newark; No. 3 Los Angeles International Airport; No. 4 Cleveland’s Hopkins International Airport, Ohio and No. 5 Port of Virginia. In the current time period, the top five accounted for 52 percent of Estonia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Dallas-Fort Worth International Airport, Texas fell 47.08 percent to $101.23 million.
    Exports rose 475.84 percent to $5.32 million. Imports fell 49.62 percent to $95.91 million.
  • Trade with No. 2 Port of Newark rose 9.88 percent to $63.74 million.
    Exports rose 211.04 percent to $16.29 million. Imports fell 10.09 percent to $47.45 million.
  • Trade with No. 3 Cleveland’s Hopkins International Airport, Ohio rose 42.03 percent to $55.73 million.
    Exports rose 47.88 percent to $40.99 million. Imports rose 27.97 percent to $14.74 million.
  • Trade with No. 4 Port of Houston rose 46.48 percent to $55.52 million.
    Exports fell 20.18 percent to $5.44 million. Imports rose 61.08 percent to $50.08 million.
  • Trade with No. 5 John F. Kennedy International Airport rose 14.16 percent to $29.72 million.
    Exports fell 54.62 percent to $8.04 million. Imports rose 160.43 percent to $21.68 million.

Estonia ranked No. 87 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 87.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Estonia by value through June were the categories of Coins; Almonds, walnuts, pistachios, hazelnuts, etc.; Computer chips; Bombs, grenades, cartridges, parts; and Gasoline, other fuels, respectively. They accounted for 36.5 percent of total exports to Estonia.

The value of the top five categories of U.S. imports from Estonia –– Cell phones, related equipment; Medical equipment for physicals; Misc. wood articles; Electrical boards, panels and switches; and Power supplies, transformers –– accounted for 57.23 percent of all inbound shipments.

Looking more closely at U.S. exports to Estonia:

  • Coins fell 19.93 percent compared to last year to $16.68 million.
  • Almonds, walnuts, pistachios, hazelnuts, etc. fell 40.95 percent compared to last year to $14.8 million.
  • Computer chips rose 24.71 percent compared to last year to $12.57 million.
  • Bombs, grenades, cartridges, parts rose 26.12 percent compared to last year to $12.41 million.
  • Gasoline, other fuels rose 37934 percent compared to last year to $12.04 million.

Looking more closely at U.S. imports from Estonia:

  • Cell phones, related equipment fell 44.32 percent compared to last year to $167.46 million.
  • Medical equipment for physicals fell 3.65 percent compared to last year to $18.97 million.
  • Misc. wood articles rose 35.79 percent compared to last year to $15.38 million.
  • Electrical boards, panels and switches rose 182.62 percent compared to last year to $14.57 million.
  • Power supplies, transformers fell 44.87 percent compared to last year to $12.88 million.

In the latest annual figures available, Estonia recorded $1.41 billion in trade with the United States. Total U.S. exports to Estonia were $ 410.17 million and imports from Estonia were $1 billion. The U.S. deficit with Estonia was $591.68 million.