Business Relations

Economic Relations

Trade

Exports of goods and services totaled 1.1 billion euros in 2024 and have remained stable recently.

The majority of exports were goods, worth 679.8 million euros. The Netherlands is Estonia’s 7th largest export partner for goods. The most exported goods in 2024 were optical, measuring and precision instruments and watches and musical instruments (18.1%), followed by mineral products (18.1%).

The volume of services exports was 422.6 million euros in 2024, making the Netherlands the 8th largest export partner for services. The most prominent services exports were transport services with a value of 139.2 million euros and other business services with a value of 116.6 million euros.

Imports of goods and services amounted to 1.6 billion euros in 2024, of which a large part was the import of goods. Imports of goods amounted to 1.2 billion euros in 2024, making the Netherlands the 7th largest import partner for goods to Estonia. Imports of goods were driven by machinery and mechanical equipment (34.9%) and chemical products (12.9%).

The value of imports of services was 379.4 million euros in 2024, making the Netherlands the 10th largest import partner for services to Estonia. The most imported services were other business services with a value of 130.4 million euros and transport services with a volume of 120.6 million euros.

Trade between Estonia and the Netherlands in 2021 – 2025:

Export, mil euros Import, mil euros
2021 1378,1 1026,7
2022 1236,6 1380,6
2023 1092,2 1497,8
2024 1102,4 1571,1
2025 (11 months) 973,8 1542,4

Source: Statistical Office of Estonia

According to the Commercial Register, 1,051 Estonian companies exported to the Netherlands in 2024. The largest exporters of these were PKC Eesti AS (Manufacture of motor vehicles, trailers and semi-trailers), BLRT Grupp AS (Real estate activities), Ferriol OÜ, Interchemie Werken De Adelaar Estonia (Manufacture of basic pharmaceutical products and medicinal preparations), Marine Energy Solutions OÜ (Wholesale trade), Skorp-Shipping OÜ (Renting and operating lease), Starship Technologies OÜ (Research and development activities), FCR Media Group OÜ (Head office activities and management consulting).

Direct Investments

The volume of Dutch direct investments in Estonia (as of 30.09.2025) is 2.1 billion euros, which is 6% of all foreign investments in Estonia. The Netherlands is the 6th country contributing to the Estonian economy. The largest investment has been made in real estate activities worth 780 million euros, which is 37.2% of all Dutch investments in Estonia.

The volume of Estonian direct investments in the Netherlands as of September 2025 is 386 million euros, which is 2.7% of all direct investments abroad. The largest investments have also been made in real estate, worth 253 million euros.

E-residents

As of January 2026, 2466 Dutch citizens are e-residents of Estonia, of whom 808 have registered their companies in Estonia.