Estonia

On this page you will find beneficial information regarding foreign direct investment in / trading with Estonia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Parliamentary Republic
Population: 1.345 million (2022)
GDP: 37.95 billion USD (2022)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 20%
Major Exports: The top exports of Estonia are Electricity ($1.15B), Broadcasting Equipment ($1.15B), Refined Petroleum ($1.11B), Coal Tar Oil ($806M), and Cars ($615M), exporting mostly to Finland ($3B), Latvia ($2.77B), Sweden ($1.9B), Lithuania ($1.51B), and Russia ($1.38B).
Major Imports: The top imports of Estonia are Refined Petroleum ($1.97B), Cars ($1.63B), Electricity ($962M), Petroleum Gas ($757M), and Coal Tar Oil ($723M), importing mostly from Finland ($3.58B), Germany ($2.59B), Lithuania ($2.27B), Latvia ($2.26B), and Russia ($2.1B). In 2022, Estonia was the world's biggest importer of Chromium Oxides and Hydroxides ($100M).