Business Relations

Economic relations


The trade turnover between Estonia and France has steadily risen during past years and reached 791,1 million euros in 2022. Estonia exported goods worth 378.8 million euros to France in 2022, which was 1.8% of the total export of Estonia. France was 14th among export partners as well (+6,9% in comparison with 2021). The main export articles were wood and wooden products, machinery and equipment and chemical products.

In 2022, Estonia imported goods worth 412.3 million euros from France, which accounted for 1.7% of the total import of goods. France was ranked 13th among Estonia´s major import partners, as import grew 9,7% compared to 2021.

Estonia-France trade from 2019-2023 two months (euros):

Year Export Import
2019 309 039 787 351 831 517
2020 261 985 637 312 743 217
2021 354 207 032 375 960 181
2022 378 787 947 412 295 663
2023 two months 59 893 210 77 736 159

All economic figures originate from the Statistics Estonia.


The volume of French direct investments in Estonia (as of 31.12.2022) is 866 million euros, which is 3.6% of all direct investments in Estonia. The largest investments have been made in the field of information and communication, worth 198 million euros (as of June it was 498 million euros), 254 million euros have been invested in real estate activities and 145 million euros have been invested in wholesale and retail trade.

The volume of Estonian direct investments in France is 84 million euros, which is 0.7% of all Estonian investments abroad. The largest investment of 50 million euros has been made in an unspecified sector and 20 million has been invested in real estate activities.


French tourists made 53,513 visits to Estonia in 2022, of which 38,828 were for several days. A year earlier, the total number of visits was 33,948 (annual growth of 57.6%). Estonian tourists made a total of 81,742 visits to France in 2022, of which 76,139 were overnight stays. A year earlier, the number of visits to France was 28,215 (annual growth of 189.7%).