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There are two basic elements in the economical relations of Estonia and Russia.

 

The first one is the foreign trade. Russia takes the second place in the turnover of the estonian foreign trade. The main export commodities are all sorts of food and cars. Estonia imports mainly fuel. After coming into effect double rated custom tariffs Estonian trade saldo with Russia has become negative.

 

The second element is transit. Throug Estonia lays the most covenient way from Russia to Baltic ports.

 

Mutual investments are not wide spread. Main Russian investments are directed in the sphere of oil transit. Tourism is also not developed, although it could be very profitable business here.

 

Economic relations between two countries considerably depend from policy. Today these relations develop on the private and regional levels.

 

 

 

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