Estonia Net Trade (Goods & Services, BoP)
Estonia's net trade (goods & services, bop) fell to $262.15 million in 2024, down from $350.69 million in 2023, according to World Bank. This represents a decrease of 25.2% ($88.54 million) from the previous year. Estonia has net trade (goods & services, bop) higher than the global median ($262.15 million vs median -$215.12 million). Compared with the median in Europe, Estonia is lower ($262.15 million vs regional median $1.60 billion) and ranks 26th out of 44 countries in Europe.
Yearly Historical Data (1992-2024)
(in Million USD)Estonia Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Estonia, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.