Estonia – US trade relations
The United States is an important economic partner for Estonia. As supply chains become increasingly global in nature, US companies are finding that crucial links in those chains are European, and the positive, bilateral nature of the US-Estonian trade relationship means Estonia has an increasing attractivenes as a trade partner for American companies. Furthermore, as the UK has moved out of the European Union, Estonia has become a strong contender for US companies wishing to maintain a presence in the European Union.
Trade between Estonia and the United States
The total value of exports between Estonia and the United States reached €1,771.8 billion in 2024, with services accounting for the majority of this amount.
Exports of goods to the United States totaled €695.6 million in 2024, making the U.S. Estonia’s sixth-largest export partner for goods. The leading export category was machinery and mechanical equipment, which accounted for 43.7% of total goods exports.
Exports of services to the United States reached nearly €1.1 billion in 2024, continuing a strong upward trend over recent years. The United States was Estonia’s second-largest export partner for services, after Finland. The dominant service categories were telecommunications, computer, and information services, with a total value of €740.1 million.
Export of goods between Estonia and US:
| Export of goods, € million | Export of services, € million | Total export of goods and services, € million | |
| 2021 | 1 673,6 | 501,6 | 2 175,2 |
| 2022 | 1 158,5 | 734,6 | 1 893,1 |
| 2023 | 499,4 | 848,6 | 1 348,0 |
| 2024 | 695,6 | 1 076,2 | 1 771,8 |
| 2025 | 519,6 (11 months) | 877,9 (III quarter) | 1 397,5 |
(Source: Statistics Estonia)
Imports of goods and services amounted to €715.5 million in 2024. Imports of goods have remained at a stable level over the years, while imports of services have increased slightly.
The United States was Estonia’s 15th largest import partner for goods. The most imported goods in 2024 were machinery and mechanical equipment, which accounted for 51.3% of total goods imports.
In terms of services imports, the United States ranked as Estonia’s 9th largest partner. The largest share consisted of telecommunications, computer, and information services, with a value of €210.1 million, followed by other business services amounting to €90.1 million.
Import of goods between Estonia and US:
| Import of goods, € million | Import of services, € million | Total import of goods and services, € million | |
| 2021 | 324,6 | 196,7 | 521,3 |
| 2022 | 313,2 | 323,5 | 636,7 |
| 2023 | 315,2 | 368,2 | 683,4 |
| 2024 | 314,8 | 400,8 | 715,6 |
| 2025 | 353,6 (11 months) | 341,9 (III quarter) | 695,5 |
(Source: Statistics Estonia)
In 2024, 1 053 Estonian companies exported to the United States. The largest among them were AS HELMES (programming, consultancy and related activities), OÜ DSVH (real estate activities), Helmes Group AS, NoCry OÜ (retail trade), Rush Street Interactive Development Estonia OÜ (programming, consultancy and related activities), Veriff OÜ (programming, consultancy and related activities), SaleMove OÜ (programming, consultancy and related activities), Clevum OÜ (retail trade), GlobeCoders OÜ (advertising, market research and public relations), G.V.A Holdings OÜ (head office operations and management advisory services) and AS KONESKO (manufacture of electrical equipment).
Direct investments
The volume of direct investment from the United States into Estonia (as of 30 September 2025) amounts to 383 million euros, representing 1.1% of all foreign direct investment in Estonia. The largest share of investment — 132 million euros — has been directed into real estate activities, followed by the real estate sector with 128 million euros.
Estonia’s direct investment in the United States totals 457 million euros, accounting for 3.2% of all Estonian direct investment abroad. The largest investments — 217 million euros — have been made in the information and communications sector . Investments in the manufacturing industry amount to 122 million euros.
Tourism
Residents of United States made a total of 146,387 visits to Estonia in 2024, of which 81,283 were multi-day visits. A year earlier, there were 122,654 visits, out of which 67,200 lasted for more than a one day. Therefore, interest among American tourists in Estonia has increased over the past year.
Residents of Estonia made a total of 24,917 visits to US in 2024, of which 22,857 were multi-day visits. A year earlier, 23,622 visits were made to US (all were multi-day visits).
E-Residency
Estonia is the first world’s first digital state, with 99% of government services accessible online. It is also the first country to offer “e-Residency” to qualified non-citizens through a government-issued digital identity and status that provides access to Estonia’s transparent digital business environment. It is a program that allows an individual to digitally manage a business from anywhere.
As of 14 January 2026, 4,591 citizens of the United States are e-residents, and 850 of them have registered a company in Estonia.