Exporter Rank

65 / 127

Importer Rank

69 / 127

Trade Balance Rank

73 / 127

Total Trade [1]

Total Exports (2019) $16,818,678,297
Total Imports (2019) $18,664,163,270
Trade Balance (2019) ($1,845,484,973)
Exports of goods and services (% of GDP) (2019) [2] 72.57%
Imports of goods and services (% of GDP) (2019) [2] 68.58%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Finland $2,617,818,301
Sweden $1,686,350,865
Latvia $1,463,442,058
Russia $1,408,237,639
United States $1,149,922,059
Germany $1,013,239,110
Lithuania $984,962,907
Denmark $664,851,657
Norway $608,381,407
Netherlands $526,147,040

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $1,832,759,012
Russia $1,783,964,700
Finland $1,607,538,522
China $1,512,429,374
Lithuania $1,198,846,627
Sweden $1,088,613,583
Poland $882,723,809
Latvia $815,247,873
France $527,038,035
Italy $512,237,456

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $2,469,300,207
(27) Oil & Mineral Fuels $2,022,452,357
(44) Wood $1,694,378,934
(84) Industrial Machinery $1,587,651,782
(94) Furniture $1,254,449,691
(87) Motor Vehicles & Parts $1,072,844,262
(73) Iron & Steel Articles $624,631,628
(90) Precision Instruments $528,359,050
(39) Plastics $437,050,924
(72) Iron & Steel $321,970,759

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $2,475,569,029
(85) Electrical Machinery $2,356,175,619
(87) Motor Vehicles & Parts $1,983,157,137
(84) Industrial Machinery $1,894,834,630
(39) Plastics $778,709,655
(72) Iron & Steel $617,525,800
(44) Wood $607,904,902
(30) Pharmaceuticals $579,481,196
(73) Iron & Steel Articles $520,221,221
(90) Precision Instruments $401,343,739

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 11/17/2020
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