Estonia's major exports, including information technology and software, e-services and e-government solutions, telecommunications equipment, wood and wood products, and machinery and equipment, showcase the country's economic progress and technological expertise. The success of Estonian exporters such as Wise, Pipedrive, Veriff, e-Residency, Elcoteq SE, Levira AS, Nordic Houses, Kalev Chocolate Factory, Baltflex AS, and Estanc AS demonstrates Estonia's ability to compete and excel in these sectors. By fostering innovation, promoting digitalization, and encouraging entrepreneurship, Estonia will continue to drive economic growth, solidify its position as a technology-driven nation, and serve as an inspiration for others in the global marketplace.
Information Technology (IT) and Software:
Estonia is known as a pioneer in the field of information technology and software development. The country has developed a thriving IT industry, offering cutting-edge solutions and services. In 2020, the export value of IT and software reached approximately $2.7 billion. Successful Estonian exporters in this category include TransferWise (now known as Wise), a global fintech company providing online money transfer services, and Pipedrive, a leading customer relationship management (CRM) platform.
E-services and E-Government Solutions:
Estonia has made remarkable progress in digitalization, providing a range of e-services and e-government solutions. The country's digital infrastructure allows for efficient online transactions and streamlined governmental processes. While specific dollar values for this category are not provided, successful Estonian exporters include Veriff, a leading provider of identity verification services, and e-Residency, an initiative enabling entrepreneurs to establish and manage a business online.
Estonia's telecommunications equipment industry has witnessed significant growth in recent years. The country manufactures a range of telecommunications equipment, including networking hardware and devices. While specific dollar values for this category are not provided, successful Estonian exporters include Elcoteq SE, specializing in electronic manufacturing services, and Levira AS, offering media and telecommunications infrastructure services.
Wood and Wood Products:
Estonia has a strong presence in the wood and wood products industry, leveraging its rich forest resources. The country produces a variety of wood products, including sawn timber, plywood, and wooden furniture. In 2020, the export value of wood and wood products amounted to approximately $1.1 billion. Successful Estonian exporters in this category include Nordic Houses, a leading manufacturer of prefabricated wooden houses, and Kalev Chocolate Factory, known for its high-quality chocolate and confectionery products.
Machinery and Equipment:
Estonia's machinery and equipment sector contributes to its export profile, encompassing various industrial machinery and equipment. While specific dollar values for this category are not provided, successful Estonian exporters include Baltflex AS, specializing in material handling equipment, and Estanc AS, a renowned manufacturer of industrial equipment and tanks.