Estonia vs Panama: Share of CO₂ emissions embedded in trade
Estonia
43.9%
in 2023
Panama
50.1%
in 2023
Estonia rank
33rd
Panama rank
30th
Share of CO₂ emissions embedded in trade over time
- Estonia
- Panama
How they compare
Panama currently reports 50.1% against 43.9% in Estonia, a difference of 6.2%.
That makes Panama's figure about 1.1 times Estonia's.
The two have swapped places 6 times across 31 shared years of data; in 1990 it was Panama ahead.
Estonia ranks 33rd and Panama ranks 30th of 120 countries.
Across the 4 decades both report, Estonia averaged higher in 3 and Panama in 1.
Head to head by decade
| Decade | Estonia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -8.8% | -13.7% | 4.8% | Estonia |
| 2000s | 21.3% | -59.7% | 80.9% | Estonia |
| 2010s | 2.6% | -23.6% | 26.3% | Estonia |
| 2020s | 36.1% | 97.4% | 61.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of co₂ emissions embedded in trade, Estonia or Panama?
- Panama, at 50.1% against 43.9% in Estonia as of 2023.
- What is the difference in share of co₂ emissions embedded in trade between Estonia and Panama?
- 6.2%, with Panama ahead.
- How many years of comparable data are there for Estonia and Panama?
- 31 years are reported by both, from 1990 to 2023.
- How do Estonia and Panama rank globally for share of co₂ emissions embedded in trade?
- Estonia ranks 33rd and Panama ranks 30th of 120 countries.
- Where does this data come from?
- Global Carbon Budget (2025) – with major processing by Our World in Data, published as Share of CO₂ emissions embedded in trade. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Annual net carbon dioxide (CO₂) emissions embedded in trade, measured as a percentage of emissions of CO₂.