Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Estonia

Merchandise trade (% of GDP) in Estonia in 2025 — 98.4%. Ranked 26 in the world out of 189. Since 1993, the indicator has risen by 56.04 pp.

2025 98.4% +2.77 pp vs 2024
World rank 26of 189
Period maximum 156.19%2000
Period minimum 42.36%1993

Trend over time

1993–2025 · % of GDP

Merchandise trade (% of GDP) — Estonia, 1993–20250501001502001993199720012005200920132017202120251993: 42.36%1994: 71.72%1995: 97.4%1996: 110.78%1997: 143.04%1998: 141.56%1999: 123.78%2000: 156.19%2001: 147.91%2002: 138.38%2003: 137.59%2004: 117.45%2005: 127.25%2006: 135.92%2007: 118.87%2008: 117.01%2009: 97.73%2010: 122.3%2011: 146.62%2012: 147.06%2013: 136.67%2014: 126.92%2015: 117.35%2016: 114.53%2017: 113.7%2018: 115.8%2019: 107.07%2020: 105.79%2021: 121.43%2022: 129.81%2023: 102.42%2024: 95.63%2025: 98.4%
Change over the period: +56.04 pp Annual average: 1.75 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Estonia

Estonia 98.4%
World 43.89%
Northern Europe computed 47.62%
High-income countries computed 44.15%
Merchandise trade (% of GDP) — Estonia, by year Estonia All countries CSV XLSX
Year % Change, pp
2025 98.4 +2.77 pp
2024 95.63 −6.79 pp
2023 102.42 −27.39 pp
2022 129.81 +8.38 pp
2021 121.43 +15.64 pp
2020 105.79 −1.27 pp
2019 107.07 −8.74 pp
2018 115.8 +2.1 pp
2017 113.7 −0.83 pp
2016 114.53 −2.82 pp
2015 117.35 −9.56 pp
2014 126.92 −9.75 pp
2013 136.67 −10.39 pp
2012 147.06 +0.44 pp
2011 146.62 +24.32 pp
2010 122.3 +24.57 pp
2009 97.73 −19.28 pp
2008 117.01 −1.86 pp
2007 118.87 −17.05 pp
2006 135.92 +8.67 pp
2005 127.25 +9.8 pp
2004 117.45 −20.14 pp
2003 137.59 −0.8 pp
2002 138.38 −9.53 pp
2001 147.91 −8.28 pp
2000 156.19 +32.41 pp
1999 123.78 −17.77 pp
1998 141.56 −1.49 pp
1997 143.04 +32.26 pp
1996 110.78 +13.38 pp
1995 97.4 +25.68 pp
1994 71.72 +29.36 pp
1993 42.36

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.